Rethinking Capitalist Crisis: A Neo-Polanyian Perspective

This project seeks to overcome the (economistic, functionalist) limitations of received understandings of crisis, by drawing on the thought of Karl Polanyi, especially his 1944 work, The Great Transformation.  My aim is to reconstruct Polanyi’s key ideas (fictitious commodification, the double movement) in a form suitable to clarifying the crisis tendencies of the 21st century. The work is expected to eventuate in a book.

Project leader(s):
  • Nancy Fraser (The New School for Social Research, NY)