The great recurrence - Karl Polanyi and the crises of the European Union

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Bibliographic Details
Published:Heidelberg : Max Planck Institute for Comparative Public Law and International Law, 2017
Persons: Goldmann, Matthias <<[VerfasserIn]>> -
Format: Book / E-Book
Language:English
Series:MPIL research paper series ; no. 2017, 10
Physical description:1 Online-Ressource (21 Seiten)
Item Description:
Gesehen am 06.09.2017
Classification - More hits on the same topic:EG: VI Da = Länder: Europäische Union: Volkswirtschaft.
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100 1 |a Goldmann, Matthias <<[VerfasserIn]>> 
245 0 4 |a The great recurrence - Karl Polanyi and the crises of the European Union  |c Matthias Goldmann 
260 |a Heidelberg  |b Max Planck Institute for Comparative Public Law and International Law  |c [24 May 2017], 2017 
300 |a 1 Online-Ressource (21 Seiten) 
520 |a In his seminal 1944 book The Great Transformation, Polanyi describes the rise and fall of liberal capitalism during the long 19th century. Many have realized that Polanyi has a lot to tell about the European Union in the aftermath of the financial crisis. The paper begins with an overview of Polanyis historiography of the failure of 19th century liberal capitalism and his account of the four elements that helped liberal capitalism thrive, while precipitating its collapse - the idea of the self-regulating market, the gold standard, international peace, and liberal constitutionalism. Thereafter, the paper describes the particular transformations that these four elements underwent in the course of European integration and after the financial crisis, with a particular focus on the case law of the Court of Justice. The paper argues that their current constellation has a destructive potential that exceeds the economic dimension of the Union and might pave the way for a much greater failure, one that might defeat Europes greatest success: the establishment of peace. Ultimately, the paper assesses current reform proposals in light of these insights and makes a number of proposals for re-embedding the economy in society 
041 0 7 |a eng  |2 ISO 639-2 
993 |a 1709 
993 |a pdf 
993 |a ebook 
997 |a online 
490 0 |a MPIL research paper series  |v no. 2017, 10 
830 0 |a VR001016025 
500 |a Gesehen am 06.09.2017 
856 a |u https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2971073  |x Verlag  |z Kostenfrei  |3 Volltext 
084 |a EG: VI Da 
998 |a EG: VI Da 
998 |a Volkswirtschaft. 
998 |a EG: VI Da 
696 |a Goldmann, Matthias Hanno <<[Vollst. Name]>>