Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution
Using Karl Polanyi’s analytical instrument, I argue that the current withdrawal of the industrialized powers and the emergence of alternative policies in Latin America are determined by the crisis of the neoliberal model. The polarity between democracy and the market, observed since the beginnings o...
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Format: | Article |
Language: | Spanish |
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Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
2014-01-01
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Online Access: | https://revistas.flacsoandes.edu.ec/iconos/article/view/1214 |
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author | Paula Valderrama Saud |
author_facet | Paula Valderrama Saud |
author_sort | Paula Valderrama Saud |
collection | DOAJ |
description | Using Karl Polanyi’s analytical instrument, I argue that the current withdrawal of the industrialized powers and the emergence of alternative policies in Latin America are determined by the crisis of the neoliberal model. The polarity between democracy and the market, observed since the beginnings of liberal capitalism, has deepened since the inter-war period due to the appearance of so-called “mass democracy.” Since that period, foreign policies of industrialized countries have derived from social conflict caused by this polarity. Current neoliberalism, which favors the limitation of democracy in favor of the self-regulating global market, is a system that contains inherent contradictions on financial and socio-political levels. These contradictions are the cause of the current crisis in the United States and the European Union, a crisis that favors the begin- ning of a new era characterized by greater regional planning and a plurality of development paths. |
format | Article |
id | doaj-art-746a5712d3ce4610a7c105ac6176b93e |
institution | Kabale University |
issn | 1390-1249 2224-6983 |
language | Spanish |
publishDate | 2014-01-01 |
publisher | Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador |
record_format | Article |
series | Íconos |
spelling | doaj-art-746a5712d3ce4610a7c105ac6176b93e2025-02-02T11:08:48ZspaFacultad Latinoamericana de Ciencias Sociales, Sede EcuadorÍconos1390-12492224-69832014-01-01184813915310.17141/iconos.48.2014.1214Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian ContributionPaula Valderrama Saud0Freie Universität BerlinUsing Karl Polanyi’s analytical instrument, I argue that the current withdrawal of the industrialized powers and the emergence of alternative policies in Latin America are determined by the crisis of the neoliberal model. The polarity between democracy and the market, observed since the beginnings of liberal capitalism, has deepened since the inter-war period due to the appearance of so-called “mass democracy.” Since that period, foreign policies of industrialized countries have derived from social conflict caused by this polarity. Current neoliberalism, which favors the limitation of democracy in favor of the self-regulating global market, is a system that contains inherent contradictions on financial and socio-political levels. These contradictions are the cause of the current crisis in the United States and the European Union, a crisis that favors the begin- ning of a new era characterized by greater regional planning and a plurality of development paths.https://revistas.flacsoandes.edu.ec/iconos/article/view/1214polanyicrisisneoliberalismdemocracymarketregional planning |
spellingShingle | Paula Valderrama Saud Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution Íconos polanyi crisis neoliberalism democracy market regional planning |
title | Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution |
title_full | Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution |
title_fullStr | Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution |
title_full_unstemmed | Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution |
title_short | Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution |
title_sort | crisis of the neoliberal model towards regional planning a polanyian contribution |
topic | polanyi crisis neoliberalism democracy market regional planning |
url | https://revistas.flacsoandes.edu.ec/iconos/article/view/1214 |
work_keys_str_mv | AT paulavalderramasaud crisisoftheneoliberalmodeltowardsregionalplanningapolanyiancontribution |