Pub Date : 2022-05-05DOI: 10.1177/03098168221092649
Anahita Azadian, Mary Catherine Masciangelo, Zsofia Mendly-Zambo, Alan Taman, D. Raphael
Critics have identified the corporate and business sector as contributing to household food insecurity through its endorsement of low wages, anti-union activities and lobbying for retrenchment of the Canadian welfare state. It is therefore troubling that this same corporate and business sector has come to dominate positions on the boards of directors of civil society organizations with missions to reduce household food insecurity. Fisher uses the term ‘Big Hunger’ to describe how this ‘hunger-industrial complex’ of food banks, food diversion schemes and corporations and companies are accruing benefits to themselves yet do little to reduce household food insecurity. We consider such processes as illustrating two key political economy concepts: (1) Marx’s concepts of base and superstructure and (2) Gramsci’s cultural hegemony. We carry out a critical case study of the relevance of these concepts to the Canadian household food insecurity scene by examining how the corporate and business sector now dominates the boards of directors of four major civil society organizations concerned with reducing household food insecurity. We find evidence of these civil society organizations exhibiting agenda distortion, reciprocity and loss of integrity, all reflecting their becoming part of the superstructure of capitalist society whose ruling elites come to dominate the ideas and values of society. Issues of wages, unionization and collective agreement bargaining, taxes and taxation, income inequality and retrenchment of the welfare state – all important contributors to household food insecurity and key concerns of the corporate and business community – are for the most part absent from these civil society organizations’ reports, documents and statements. We specify the implications these developments have for addressing household food insecurity and the inequitable distribution of other social determinants of health.
{"title":"Corporate and business domination of food banks and food diversion schemes in Canada","authors":"Anahita Azadian, Mary Catherine Masciangelo, Zsofia Mendly-Zambo, Alan Taman, D. Raphael","doi":"10.1177/03098168221092649","DOIUrl":"https://doi.org/10.1177/03098168221092649","url":null,"abstract":"Critics have identified the corporate and business sector as contributing to household food insecurity through its endorsement of low wages, anti-union activities and lobbying for retrenchment of the Canadian welfare state. It is therefore troubling that this same corporate and business sector has come to dominate positions on the boards of directors of civil society organizations with missions to reduce household food insecurity. Fisher uses the term ‘Big Hunger’ to describe how this ‘hunger-industrial complex’ of food banks, food diversion schemes and corporations and companies are accruing benefits to themselves yet do little to reduce household food insecurity. We consider such processes as illustrating two key political economy concepts: (1) Marx’s concepts of base and superstructure and (2) Gramsci’s cultural hegemony. We carry out a critical case study of the relevance of these concepts to the Canadian household food insecurity scene by examining how the corporate and business sector now dominates the boards of directors of four major civil society organizations concerned with reducing household food insecurity. We find evidence of these civil society organizations exhibiting agenda distortion, reciprocity and loss of integrity, all reflecting their becoming part of the superstructure of capitalist society whose ruling elites come to dominate the ideas and values of society. Issues of wages, unionization and collective agreement bargaining, taxes and taxation, income inequality and retrenchment of the welfare state – all important contributors to household food insecurity and key concerns of the corporate and business community – are for the most part absent from these civil society organizations’ reports, documents and statements. We specify the implications these developments have for addressing household food insecurity and the inequitable distribution of other social determinants of health.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83382476","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-14DOI: 10.1177/03098168221084110
William Jefferies
This article addresses how Marxist economists have estimated the quantity of fixed and circulating capital advanced in the denominator of the rate of profit calculation. Generally, Marxist economists have used neoclassical fixed capital estimates of opportunity cost, as applied most notably, in the US system of national accounts. These Hulten and Wyckoff measures aggregate the lifetime revenues (both costs and profits) of fixed assets and so grossly over estimate the value of the fixed capital stock. This article applies the Internal Revenue Service Depreciable Assets less Depreciation for a more accurate estimate of the actual quantity of fixed capital advanced. Furthermore, it criticises the absence of a convincing measure of the rate of turnover of Marx’s circuit of capital accumulation M . . . C . . . P . . . C’ . . . M’ in most rate of profit estimates. Developing the work of Bertrand and Fauqueur, this article demonstrates that the cash conversion cycle or net operating cycle mirrors Marx’s circuit. This article applies the cash conversion cycle to Internal Revenue Service Total Corporations data 1964–2017 to estimate the rate of turnover. The article addresses the distinction between unproductive and productive output and develops an estimation of those respective quantities based on Internal Revenue Service data. It combines these elements together to estimate the US rate of profit from 1964 to 2017. It finds that the US rate of profit rose strongly, albeit with dramatic fluctuations, after 2001.
{"title":"The US rate of profit 1964–2017 and the turnover of fixed and circulating capital","authors":"William Jefferies","doi":"10.1177/03098168221084110","DOIUrl":"https://doi.org/10.1177/03098168221084110","url":null,"abstract":"This article addresses how Marxist economists have estimated the quantity of fixed and circulating capital advanced in the denominator of the rate of profit calculation. Generally, Marxist economists have used neoclassical fixed capital estimates of opportunity cost, as applied most notably, in the US system of national accounts. These Hulten and Wyckoff measures aggregate the lifetime revenues (both costs and profits) of fixed assets and so grossly over estimate the value of the fixed capital stock. This article applies the Internal Revenue Service Depreciable Assets less Depreciation for a more accurate estimate of the actual quantity of fixed capital advanced. Furthermore, it criticises the absence of a convincing measure of the rate of turnover of Marx’s circuit of capital accumulation M . . . C . . . P . . . C’ . . . M’ in most rate of profit estimates. Developing the work of Bertrand and Fauqueur, this article demonstrates that the cash conversion cycle or net operating cycle mirrors Marx’s circuit. This article applies the cash conversion cycle to Internal Revenue Service Total Corporations data 1964–2017 to estimate the rate of turnover. The article addresses the distinction between unproductive and productive output and develops an estimation of those respective quantities based on Internal Revenue Service data. It combines these elements together to estimate the US rate of profit from 1964 to 2017. It finds that the US rate of profit rose strongly, albeit with dramatic fluctuations, after 2001.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82919484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-12DOI: 10.1177/03098168221084114
C. Saratchand
The paper incorporates the hoard of money in a simple three-department scheme of expanded reproduction. The sui-generis features of the hoard of money are briefly set out. The paper then demonstrates that due to the existence of the hoard of money, it is possible for there to be generalised over-production of all non-money commodities. The paper concludes with some suggestions for further work in this research direction. JEL classifications: B14, B24, B51, E11.
{"title":"On the hoard of money and expanded reproduction","authors":"C. Saratchand","doi":"10.1177/03098168221084114","DOIUrl":"https://doi.org/10.1177/03098168221084114","url":null,"abstract":"The paper incorporates the hoard of money in a simple three-department scheme of expanded reproduction. The sui-generis features of the hoard of money are briefly set out. The paper then demonstrates that due to the existence of the hoard of money, it is possible for there to be generalised over-production of all non-money commodities. The paper concludes with some suggestions for further work in this research direction. JEL classifications: B14, B24, B51, E11.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77706192","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-11DOI: 10.1177/03098168221084112
J. E. Forero
Over the last decade, the concept of passive revolution has been central in the Neo-Gramscian academic production. However, the role of the state in this type of political junctures has not received enough attention, neither in relation to the embedded class struggles nor on the impact these have had in the processes of ‘conservation-innovation’ that, according to Gramsci, are featured in passive revolutions. This article aims to contribute to such literature gap by bringing forth theoretical insights from Nicos Poulantzas and Kees Van der Pijl regarding ‘state autonomy’ and using them for the analysis of a recent political process, which several scholars label as a passive revolution: Rafael Correa’s government in Ecuador (2007–2017). The article suggests that the latter should be understood as a case of Caesarism, and more specifically, a political intervention of Ecuador’s cadres, aimed to break a ‘catastrophic equilibrium’ in the confrontation between the country’s power block and its contending anti-neoliberal coalition.
在过去的十年中,被动革命的概念一直是新葛兰西学派学术研究的核心。然而,在这种类型的政治关头,国家的作用没有得到足够的重视,无论是与根深蒂固的阶级斗争有关,还是与这些斗争在葛兰西所认为的被动革命的“保护-创新”过程中所产生的影响有关。本文旨在通过提出Nicos Poulantzas和Kees Van der Pijl关于“国家自治”的理论见解,并将其用于分析最近的政治进程(几位学者将其称为被动革命:厄瓜多尔拉斐尔·科雷亚政府(2007-2017)),从而弥补这一文献差距。文章认为,后者应被理解为凯撒主义的案例,更具体地说,是厄瓜多尔干部的政治干预,旨在打破该国权力集团与其相互竞争的反新自由主义联盟之间对抗的“灾难性平衡”。
{"title":"Caesarism, passive revolution, and the state: Insights from Rafael Correa’s government in Ecuador (2007–2017)","authors":"J. E. Forero","doi":"10.1177/03098168221084112","DOIUrl":"https://doi.org/10.1177/03098168221084112","url":null,"abstract":"Over the last decade, the concept of passive revolution has been central in the Neo-Gramscian academic production. However, the role of the state in this type of political junctures has not received enough attention, neither in relation to the embedded class struggles nor on the impact these have had in the processes of ‘conservation-innovation’ that, according to Gramsci, are featured in passive revolutions. This article aims to contribute to such literature gap by bringing forth theoretical insights from Nicos Poulantzas and Kees Van der Pijl regarding ‘state autonomy’ and using them for the analysis of a recent political process, which several scholars label as a passive revolution: Rafael Correa’s government in Ecuador (2007–2017). The article suggests that the latter should be understood as a case of Caesarism, and more specifically, a political intervention of Ecuador’s cadres, aimed to break a ‘catastrophic equilibrium’ in the confrontation between the country’s power block and its contending anti-neoliberal coalition.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82345647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662g
K. Gray
{"title":"Book Review: Underground Asia: Global Revolutionaries and the Assault on Empire","authors":"K. Gray","doi":"10.1177/03098168221078662g","DOIUrl":"https://doi.org/10.1177/03098168221078662g","url":null,"abstract":"","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83281310","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662a
Ali Rıza Güngen
does not do this, as he treats the pedagogical forms of learning and stupidity in a more dialectical fashion. He reminds his readers that ‘[i]t would be a mistake to valorize stupidity and annihilate learning. Instead, both are necessary educational processes. It is only after one learns to read, for example, that they can study a text’ (p. 100). Today’s working class may first need to go through a phase of learning before deploying the pedagogical logic of stupidity as the class struggle becomes more acute, which it necessarily will. In fact, the current ‘resignation’ that dominates the working class might allow for a rapid development of ‘stupid’ revolutionary struggle. Once the mass labour movement begins again, we can start afresh – workers will not be so influenced by bourgeois ideology and thus not so legible to the capitalist class.
{"title":"Book Review: The Debt System: A History of Sovereign Debts and Their Repudiation","authors":"Ali Rıza Güngen","doi":"10.1177/03098168221078662a","DOIUrl":"https://doi.org/10.1177/03098168221078662a","url":null,"abstract":"does not do this, as he treats the pedagogical forms of learning and stupidity in a more dialectical fashion. He reminds his readers that ‘[i]t would be a mistake to valorize stupidity and annihilate learning. Instead, both are necessary educational processes. It is only after one learns to read, for example, that they can study a text’ (p. 100). Today’s working class may first need to go through a phase of learning before deploying the pedagogical logic of stupidity as the class struggle becomes more acute, which it necessarily will. In fact, the current ‘resignation’ that dominates the working class might allow for a rapid development of ‘stupid’ revolutionary struggle. Once the mass labour movement begins again, we can start afresh – workers will not be so influenced by bourgeois ideology and thus not so legible to the capitalist class.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87659307","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662b
Víctor Isidro Luna
Toussaint’s accessibly written book can be read as a forceful call to search for ways to make repudiations work to the benefit of people. Current loan markets work insidiously, making it more challenging to identify illegal debts and separate them from others. One can consider the example of debts accumulated through public–private partnerships across various geographies. While some of the piled-up burdens might arise from reasonably priced infrastructural investment, in some countries, a considerable part of conditional liabilities, which find their way into the public debt gradually, come from projects that enrich the contractors and local intermediaries. It is evident that given the lack of comprehensive reforms in the international financial system and persistent relations of dependency, suspending payments through debt audits and disowning illegal debts can only provide temporary relief. In this context, unless a part of a compelling transformation targeting various exploitation forms, even the successful debt repudiations are short-lived victories. Nevertheless, each case serves as a steppingstone to illuminate the inequities permeating international loans and the global economy. The main creditors within loan contracts and the sovereign debt structure have changed several times throughout the history of modern capitalism. As it is apparent in the trajectories of sovereign debt crises of previous centuries, by extending loans with extremely high-interest rates and cutting hefty commissions, creditors were directly responsible for undermining the financial independence of debtors. In recent decades, nation-states from the global South are borrowing from the international financial markets at low-interest rates, and fine prints of debt contracts are constantly updated to minimize debtor states’ room for maneuver. Still, the increased number and variety of creditors might be converted into an advantage for a country repudiating odious debts. Toussaint’s book serves as a fundamental resource for those who want to have a comprehensive grasp of the history of sovereign debt repudiations and explore alternatives to remove the noose of debt around the neck of the global South.
{"title":"Book Review: Karl Polanyi’s Political and Economic Thought: A Critical Guide","authors":"Víctor Isidro Luna","doi":"10.1177/03098168221078662b","DOIUrl":"https://doi.org/10.1177/03098168221078662b","url":null,"abstract":"Toussaint’s accessibly written book can be read as a forceful call to search for ways to make repudiations work to the benefit of people. Current loan markets work insidiously, making it more challenging to identify illegal debts and separate them from others. One can consider the example of debts accumulated through public–private partnerships across various geographies. While some of the piled-up burdens might arise from reasonably priced infrastructural investment, in some countries, a considerable part of conditional liabilities, which find their way into the public debt gradually, come from projects that enrich the contractors and local intermediaries. It is evident that given the lack of comprehensive reforms in the international financial system and persistent relations of dependency, suspending payments through debt audits and disowning illegal debts can only provide temporary relief. In this context, unless a part of a compelling transformation targeting various exploitation forms, even the successful debt repudiations are short-lived victories. Nevertheless, each case serves as a steppingstone to illuminate the inequities permeating international loans and the global economy. The main creditors within loan contracts and the sovereign debt structure have changed several times throughout the history of modern capitalism. As it is apparent in the trajectories of sovereign debt crises of previous centuries, by extending loans with extremely high-interest rates and cutting hefty commissions, creditors were directly responsible for undermining the financial independence of debtors. In recent decades, nation-states from the global South are borrowing from the international financial markets at low-interest rates, and fine prints of debt contracts are constantly updated to minimize debtor states’ room for maneuver. Still, the increased number and variety of creditors might be converted into an advantage for a country repudiating odious debts. Toussaint’s book serves as a fundamental resource for those who want to have a comprehensive grasp of the history of sovereign debt repudiations and explore alternatives to remove the noose of debt around the neck of the global South.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76386956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662d
J. Hübner
{"title":"Book Review: The Economic History of Colonialism","authors":"J. Hübner","doi":"10.1177/03098168221078662d","DOIUrl":"https://doi.org/10.1177/03098168221078662d","url":null,"abstract":"","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89040282","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662f
Hugo Goeury
{"title":"Book Review: The Dangerous Class: The Concept of the Lumpenproletariat","authors":"Hugo Goeury","doi":"10.1177/03098168221078662f","DOIUrl":"https://doi.org/10.1177/03098168221078662f","url":null,"abstract":"","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74891301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/03098168221078662c
Amir Khan
democracy in more humane values. The most important point of this chapter is that premise market capitalism and democracy is false. Chapter 10 broadens the Polanyian definitions of fictitious commodities. The author of this chapter proposes that, today, knowledge in some sense is available to many people, but it is valued at market prices due to an ‘institutionally regulated valuation’ (p. 192) Possible missing points of the book are the following: (1) the Polanyian concept of institution, and the differences and similarities of this concept versus other heterodox scholars; (2) the Polanyian approach to underdeveloped countries and perhaps the different effects of unregulated markets on developed countries vis-à-vis Third World countries. (A chapter on this subject would be appealing to people from Third World countries, since competitive markets negatively affect society, but some countries have much more power than others, and these powerful countries can establish different developmental policies to be favored in markets); and (3) a more concrete example of the Polanyian double movement today. In some chapters of the book, the double movement explanation is too abstract. What kind of social movement fits the Polanyian approach? The book was written before the pandemic, but other problems in the world endanger society, such as pollution, unregulated migration, and the alienation of people. For all these problems, no clear evidence indicates whether progressive movements are reacting to the benefit of the whole population or if the society has the force to do that. Luckily, the book offers a comprehensive treatment of Polanyian ideas for undergraduates, graduates, and researchers. It also offers important points for discussion, such as democracy, classes, and markets, and most importantly for me, the book sheds light on the environment, in which the possible agent of social change is operating.
{"title":"Book Review: Creating the Intellectual: Chinese Communism and the Rise of a Classification","authors":"Amir Khan","doi":"10.1177/03098168221078662c","DOIUrl":"https://doi.org/10.1177/03098168221078662c","url":null,"abstract":"democracy in more humane values. The most important point of this chapter is that premise market capitalism and democracy is false. Chapter 10 broadens the Polanyian definitions of fictitious commodities. The author of this chapter proposes that, today, knowledge in some sense is available to many people, but it is valued at market prices due to an ‘institutionally regulated valuation’ (p. 192) Possible missing points of the book are the following: (1) the Polanyian concept of institution, and the differences and similarities of this concept versus other heterodox scholars; (2) the Polanyian approach to underdeveloped countries and perhaps the different effects of unregulated markets on developed countries vis-à-vis Third World countries. (A chapter on this subject would be appealing to people from Third World countries, since competitive markets negatively affect society, but some countries have much more power than others, and these powerful countries can establish different developmental policies to be favored in markets); and (3) a more concrete example of the Polanyian double movement today. In some chapters of the book, the double movement explanation is too abstract. What kind of social movement fits the Polanyian approach? The book was written before the pandemic, but other problems in the world endanger society, such as pollution, unregulated migration, and the alienation of people. For all these problems, no clear evidence indicates whether progressive movements are reacting to the benefit of the whole population or if the society has the force to do that. Luckily, the book offers a comprehensive treatment of Polanyian ideas for undergraduates, graduates, and researchers. It also offers important points for discussion, such as democracy, classes, and markets, and most importantly for me, the book sheds light on the environment, in which the possible agent of social change is operating.","PeriodicalId":46258,"journal":{"name":"Capital and Class","volume":null,"pages":null},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79690824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}