IDEAS home Printed from https://ideas.repec.org/a/bla/devchg/v53y2022i3p676-702.html
   My bibliography  Save this article

Double Movements and Disembedded Economies: A Response to Richard Sandbrook

Author

Listed:
  • Geoff Goodwin

Abstract

Richard Sandbrook (this issue) makes an important contribution to Polanyian debates in his typically insightful article on the double movement. However, his reading of the concept has limitations when used to analyse the historical evolution of capitalism and the current conjuncture. The merits and limits of his analysis are outlined in this article through the discussion of three core Polanyian concepts — disembedded economy, decommodification and countermovement. The article concludes by signposting the contribution Polanyian analysis can make to efforts to decolonize knowledge and reimagine the economy in the wake of the COVID‐19 pandemic.

Suggested Citation

  • Geoff Goodwin, 2022. "Double Movements and Disembedded Economies: A Response to Richard Sandbrook," Development and Change, International Institute of Social Studies, vol. 53(3), pages 676-702, May.
    • Handle: RePEc:bla:devchg:v:53:y:2022:i:3:p:676-702
    DOI: 10.1111/dech.12698
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/dech.12698
    Download Restriction: no
    File URL: https://libkey.io/10.1111/dech.12698?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lisa Tilley & Robbie Shilliam, 2018. "Raced Markets: An Introduction," New Political Economy, Taylor & Francis Journals, vol. 23(5), pages 534-543, September.
    2. Alves, Carolina & Kvangraven, Ingrid Harvold, 2020. "Changing the Narrative: Economics After Covid-19," Review of Agrarian Studies, Foundation for Agrarian Studies, vol. 10(1), July.
    3. Prebisch, Raúl, 1950. "The economic development of Latin America and its principal problems," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 29973, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Goodwin, Geoff, 2018. "Rethinking the double movement: expanding the frontiers of Polanyian analysis in the Global South," LSE Research Online Documents on Economics 87253, London School of Economics and Political Science, LSE Library.
    5. Peck, Jamie, 2012. "Constructions of Neoliberal Reason," OUP Catalogue, Oxford University Press, number 9780199662081.
    6. Frances Stewart (QEH), "undated". "Do we need a new 'Great Transformation'? Is one likely?," QEH Working Papers qehwps136, Queen Elizabeth House, University of Oxford.
    7. Harvey, David, 2005. "The New Imperialism," OUP Catalogue, Oxford University Press, number 9780199278084.
    8. Jayati Ghosh, 2019. "A Brave New World, or the Same Old Story with New Characters?," Development and Change, International Institute of Social Studies, vol. 50(2), pages 379-393, March.
    9. Malcolm Sawyer, 2021. "Economic Policies and the Coronavirus Crisis in the UK," Review of Political Economy, Taylor & Francis Journals, vol. 33(3), pages 414-431, July.
    10. Michele Cangiani, 2011. "Karl Polanyi's Institutional Theory: Market Society and Its "Disembedded" Economy," Journal of Economic Issues, Taylor & Francis Journals, vol. 45(1), pages 177-198.
    11. William C. Schaniel & Walter C. Neale, 2000. "Karl Polanyi’s Forms of Integration as Ways of Mapping," Journal of Economic Issues, Taylor & Francis Journals, vol. 34(1), pages 89-104, March.
    12. Jamie Peck, 2013. "Disembedding Polanyi: Exploring Polanyian Economic Geographies," Environment and Planning A, , vol. 45(7), pages 1536-1544, July.
    13. Ashish Kothari & Federico Demaria & Alberto Acosta, 2014. "Buen Vivir, Degrowth and Ecological Swaraj: Alternatives to sustainable development and the Green Economy," Development, Palgrave Macmillan;Society for International Deveopment, vol. 57(3-4), pages 362-375, December.
    14. Jack Copley & Alexis Moraitis, 2021. "Beyond the Mutual Constitution of States and Markets: On the Governance of Alienation," New Political Economy, Taylor & Francis Journals, vol. 26(3), pages 490-508, May.
    15. Goodwin, Geoff, 2021. "Fictitious commodification and agrarian change: indigenous peoples and land markets in Highland Ecuador," LSE Research Online Documents on Economics 108860, London School of Economics and Political Science, LSE Library.
    16. Goodwin, Geoff, 2017. "The quest to bring land under social and political control: land reform struggles of the past and present in Ecuador," LSE Research Online Documents on Economics 66383, London School of Economics and Political Science, LSE Library.
    17. Geoff Goodwin, 2018. "Rethinking the Double Movement: Expanding the Frontiers of Polanyian Analysis in the Global South," Development and Change, International Institute of Social Studies, vol. 49(5), pages 1268-1290, September.
    18. Gurminder K. Bhambra & John Holmwood, 2018. "Colonialism, Postcolonialism and the Liberal Welfare State," New Political Economy, Taylor & Francis Journals, vol. 23(5), pages 574-587, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hannah Stokes-Ramos, 2023. "Rethinking Polanyi's double movement through participatory justice: Land use planning in Puerto Rico," Environment and Planning A, , vol. 55(8), pages 1970-1988, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Goodwin, Geoff, 2022. "Double movements and disembedded economies: a response to Richard Sandbrook," LSE Research Online Documents on Economics 113686, London School of Economics and Political Science, LSE Library.
    2. Hannah Stokes-Ramos, 2023. "Rethinking Polanyi's double movement through participatory justice: Land use planning in Puerto Rico," Environment and Planning A, , vol. 55(8), pages 1970-1988, November.
    3. Christian Berndt & Marion Werner & Víctor Ramiro Fernández, 2020. "Postneoliberalism as institutional recalibration: Reading Polanyi through Argentina’s soy boom," Environment and Planning A, , vol. 52(1), pages 216-236, February.
    4. Goodwin, Geoff, 2021. "Fictitious commodification and agrarian change: indigenous peoples and land markets in Highland Ecuador," LSE Research Online Documents on Economics 108860, London School of Economics and Political Science, LSE Library.
    5. Jim Glassman, 2018. "Geopolitical economies of development and democratization in East Asia: Themes, concepts, and geographies," Environment and Planning A, , vol. 50(2), pages 407-415, March.
    6. Beatriz Bustos, 2015. "Moving on? Neoliberal continuities through crisis: the case of the Chilean salmon industry and the ISA virus," Environment and Planning C, , vol. 33(6), pages 1361-1375, December.
    7. Vahabi, Mehrdad, 2020. "نئولیبرالیسم و مقابله با تورم [The Neoliberalism and the Inflation Control]," MPRA Paper 102539, University Library of Munich, Germany.
    8. Nick Bernards, 2019. "Tracing mutations of neoliberal development governance: ‘Fintech’, failure and the politics of marketization," Environment and Planning A, , vol. 51(7), pages 1442-1459, October.
    9. Dengler, Corinna & Seebacher, Lisa Marie, 2019. "What About the Global South? Towards a Feminist Decolonial Degrowth Approach," Ecological Economics, Elsevier, vol. 157(C), pages 246-252.
    10. Jörg Wiegratz & Pritish Behuria & Christina Laskaridis & Lebohang Liepollo Pheko & Ben Radley & Sara Stevano, 2023. "Common Challenges for All? A Critical Engagement with the Emerging Vision for Post‐pandemic Development Studies," Development and Change, International Institute of Social Studies, vol. 54(5), pages 921-953, September.
    11. Purcell, Thomas & Ward, Callum, 2022. "The political economy of land value capture in the UK: rent and viability in Salford’s new municipalist turn," LSE Research Online Documents on Economics 116664, London School of Economics and Political Science, LSE Library.
    12. Cajas-Guijarro, John & Pérez-Almeida, Bryan, 2021. "Comercio, sobreexplotación laboral y ciclos en la periferia: una propuesta teórica y el caso ecuatoriano desde un modelo PVAR. || Trade, super-exploitation of labor power and cycles in the periphery: ," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 31(1), pages 161-197, June.
    13. Quintin Bradley, 2022. "The accountancy of marketisation: Fictional markets in housing land supply," Environment and Planning A, , vol. 54(3), pages 493-507, May.
    14. Nicholas Babin, 2019. "The Agrarian Question and Coffee in Costa Rica," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 8(3), pages 323-348, December.
    15. Katia Valenzuela-Fuentes & Esteban Alarcón-Barrueto & Robinson Torres-Salinas, 2021. "From Resistance to Creation: Socio-Environmental Activism in Chile’s “Sacrifice Zones”," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
    16. Rob Krueger & David Gibbs & Constance Carr, 2018. "Examining regional competitiveness and the pressures of rapid growth: An interpretive institutionalist account of policy responses in three city regions," Environment and Planning C, , vol. 36(6), pages 965-986, September.
    17. David Harvie & Robert Ogman, 2019. "The broken promises of the social investment market," Environment and Planning A, , vol. 51(4), pages 980-1004, June.
    18. Colin Filer & Sango Mahanty & Lesley Potter, 2020. "The FPIC Principle Meets Land Struggles in Cambodia, Indonesia and Papua New Guinea," Land, MDPI, vol. 9(3), pages 1-21, February.
    19. Pinkerton, Evelyn & Davis, Reade, 2015. "Neoliberalism and the politics of enclosure in North American small-scale fisheries," Marine Policy, Elsevier, vol. 61(C), pages 303-312.
    20. Goodwin, Geoff, 2018. "Rethinking the double movement: expanding the frontiers of Polanyian analysis in the Global South," LSE Research Online Documents on Economics 87253, London School of Economics and Political Science, LSE Library.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:devchg:v:53:y:2022:i:3:p:676-702. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0012-155X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.