PO232 Lecture Notes - Lecture 21: Karl Polanyi, Critical Theory, Counterhegemony
Document Summary
Karl polanyi capitalism; states work for land, labour and money. North and south: on the destructive side, both would see capitalism as highly destructive of the environment. Global nancial crisis: i told you so neo-marxists: it"s the kind of thing they expected; wasn"t a surprise for them. They also take interest in social movements and counter-hegemony: very interested in groups like occupy and also contemporary right-wing populism both as a response to inequalities created by capitalism. No core process in the same sort of way the other theories do, but they do have a set of things they are most interested in. Origins and diffusion of shared norms, values, understandings, and identities: there are a lot of constructivist takes that are important in the gpe. Political economy and neoliberalism: norms and value judgements on how political economy should work, ex. capital controls restrictions on the ow of money across international borders.
