Karl Polanyi and the New Economic Sociology

Notes on the Concept of (Dis)embeddedness

Dados Bibliográficos

ID23239142
AutoresNuno Miguel Cardoso Machado (0000-0002-7050-4576, Universidade Tecnica de Lisboa, autor correspondente)
TradutoresJoão Paulo Moreira
Ano2011
Volume3
Data de publicação2011-01-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoRCCS Annual Review (JOURNAL)
Identificadores do periódicoISSN: 1647-3175 • E-ISSN: 1647-3175
EditoraOpenEdition (PUBLISHER)
DOI10.4000/rccsar.309
OpenAlexW2074193470
IdiomaEN
Citações recebidas9
Referências citadas20

Within the context of the New Economic Sociology, Karl Polanyi is almost universally considered the “father” of the concept of embeddedness. However, this concept has been subject to selective appropriation by this discipline and its relationship to the remaining theoretical edifice constructed by Polanyi has been neglected. It is, in fact, possible to refer to the “great transformation” to which the concept of embeddedness has been subjected: whereas in Polanyi’s work it is associated with the macro(economic) level and is used as evidence of the exceptional nature of the capitalist market economy – disembedded from society – in NES, it is normally associated with the meso (and even micro) level, on the assumption that all economies – including capitalist economies – are embedded.

Appropriation · Capitalism · Context (archaeology) · Economic geography · Economic sociology · Economic system · Economics · Economy · Embeddedness · Epistemology · Neoclassical economics · Political science · Positive economics · Social science · Sociology · Subject (documents) · Economic Theory and Institutions · History · Law · Philosophy · Political Economy and Marxism