On Polanyi

Abstract

ABSTRACT Karl Polanyi provides a rich repertoire of concepts to build a critical understanding of the world of globalization and alternatives to the status quo. In reviewing two recent collections around the work of Polanyi, we show some of the concepts that might be developed in terms of ‘using Polanyi’. This would include his inspired double-movement concept and the way he dealt with non-capitalist societies. Polanyi is as relevant for the so-called developing societies as he is for the advanced industrial societies where he has garnered most attention.