The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty
Autor(a) principal: | |
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Data de Publicação: | 2012 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/3884 |
Resumo: | Abstract The ongoing Eurocrisis expresses the limits of an institutional setup designed to run the Euro as commodity money and to organize labour into competitive markets. Building on Polanyi’s (1944) claim that “a market economy can exist only in a market society”, this paper approaches the project of European integration “as an instituted process” (Polanyi, 1957) of enactment of a market economy embedded in a market society. Section 1 builds a polanyian framework, with particular focus on the theoretical tension between the notions of market disembeddedness and embeddedness in a market society. Section 2 presents the structure of European multilevel governance as an institutional blueprint of market disembeddedness. A third section explores the dynamics of translation of the European Market Economy into a European Market Society. The paper concludes by arguing that a solution to the Eurocrisis that is both Europeanist and democratic will require replacing the liberal ethos of the market for the public sphere, as rationale for the European society embedding the European economy. |
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The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht TreatyEuropean integrationAsymmetric integrationMarket DisembeddednessMarket SocietyAbstract The ongoing Eurocrisis expresses the limits of an institutional setup designed to run the Euro as commodity money and to organize labour into competitive markets. Building on Polanyi’s (1944) claim that “a market economy can exist only in a market society”, this paper approaches the project of European integration “as an instituted process” (Polanyi, 1957) of enactment of a market economy embedded in a market society. Section 1 builds a polanyian framework, with particular focus on the theoretical tension between the notions of market disembeddedness and embeddedness in a market society. Section 2 presents the structure of European multilevel governance as an institutional blueprint of market disembeddedness. A third section explores the dynamics of translation of the European Market Economy into a European Market Society. The paper concludes by arguing that a solution to the Eurocrisis that is both Europeanist and democratic will require replacing the liberal ethos of the market for the public sphere, as rationale for the European society embedding the European economy.2012-10-25T10:25:40Z2012-10-25T00:00:00Z2012-10-25info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/3884engSantos, Marianainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:28:00Zoai:repositorio.iscte-iul.pt:10071/3884Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:12:32.313068Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
title |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
spellingShingle |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty Santos, Mariana European integration Asymmetric integration Market Disembeddedness Market Society |
title_short |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
title_full |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
title_fullStr |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
title_full_unstemmed |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
title_sort |
The Discovery of (a European) Society? - A Polanyian appraisal of European integration after the Maastricht Treaty |
author |
Santos, Mariana |
author_facet |
Santos, Mariana |
author_role |
author |
dc.contributor.author.fl_str_mv |
Santos, Mariana |
dc.subject.por.fl_str_mv |
European integration Asymmetric integration Market Disembeddedness Market Society |
topic |
European integration Asymmetric integration Market Disembeddedness Market Society |
description |
Abstract The ongoing Eurocrisis expresses the limits of an institutional setup designed to run the Euro as commodity money and to organize labour into competitive markets. Building on Polanyi’s (1944) claim that “a market economy can exist only in a market society”, this paper approaches the project of European integration “as an instituted process” (Polanyi, 1957) of enactment of a market economy embedded in a market society. Section 1 builds a polanyian framework, with particular focus on the theoretical tension between the notions of market disembeddedness and embeddedness in a market society. Section 2 presents the structure of European multilevel governance as an institutional blueprint of market disembeddedness. A third section explores the dynamics of translation of the European Market Economy into a European Market Society. The paper concludes by arguing that a solution to the Eurocrisis that is both Europeanist and democratic will require replacing the liberal ethos of the market for the public sphere, as rationale for the European society embedding the European economy. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-10-25T10:25:40Z 2012-10-25T00:00:00Z 2012-10-25 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/3884 |
url |
http://hdl.handle.net/10071/3884 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134680576950272 |