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Feb 8, 2022 · First, depicting the double movement as a process of dis-embedding and re-embedding understates the significance of the disembedded economy and the challenges of resolving the double movement within capitalism.
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historical evolution of capitalism and the current...
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- Zusammenfassung
- 3 Three types of democracy
- 10 The exclusive character of US democracy becomes even more apparent if the 10–15% of the lower class without citizenship are taken into account. A considerably smaller part (5%) at the upper end of the income scale does not have citizenship (Bonica et al. 2013, p. 110).
Kapitalismus und Demokratie folgen unterschiedlichen Logi-ken. Ersterer basiert auf Eigentumsrechten, individueller Gewinnmaximierung, hie-rarchischen Entscheidungsstrukturen und ungleichen Besitzverhältnissen, Letztere gründet auf der Suche nach Allgemeinwohl, Diskurs, politischer Gleichheit und den Verfahren konsensueller oder majoritärer Entsche...
The definition of democracy is highly contested: liberal, social, pluralistic, elitist, decisionist, communitarian, cosmopolitan, republican, deliberative, participatory, feminist, critical, post-modern and multicultural concepts of democracy all compete with each other (Lembcke et al. 2012). From a more simplified perspective, however, three group...
2014). Declining turnout and increasing social selectivity of the electorate also stem from increasingly precarious conditions faced by the lower classes on the labor mar-ket as well as the decline of catch-all parties, labor unions and other large collective organizations that played a crucial role in the politicization and representation of the l...
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Mar 9, 2018 · If one insists that democracy is more than the minimalist concept proposed by Joseph Schumpeter and takes the imperative of political equality and Hans Kelsen’s dogma of “autonomous norms” seriously, the present form of financialized “disembedded capitalism” poses considerable challenges to democracy.
- Wolfgang Merkel
- wolfgang.merkel@wzb.eu
- 2014
Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs.
How are we to understand the relationship between capitalism and democracy? This issue is on the public agenda again. “Is Capitalism a Threat to Democracy?” asks an article in The New Yorker. “Are Capitalism and Democracy Compatible?” asks the Huffington Post.
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In the following section, we explain how disembeddedness results in the relegation of democracy and the public interest to the "noneconomic" sphere of social life. We then turn from the disembedded economy to a discussion of an embedded economy.
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Apr 30, 2024 · And this remains another aspect of Polanyi’s analysis: his apprehension regarding democratic futures—or more specifically, the challenge to democracy brought about by the political backlash against disembedded structures.
