Please use this identifier to cite or link to this item: http://buratest.brunel.ac.uk/handle/2438/10375
Full metadata record
DC FieldValueLanguage
dc.contributor.authorDale, G-
dc.date.accessioned2015-03-10T14:13:12Z-
dc.date.available2014-
dc.date.available2015-03-10T14:13:12Z-
dc.date.issued2014-
dc.identifier.citationEconomy and Society, 2014, 43(4), pp. 650-667en_US
dc.identifier.urihttp://bura.brunel.ac.uk/handle/2438/10375-
dc.descriptionThis article has been made available through the Brunel Open Access Publishing Fund.-
dc.description.abstractA central thesis of Karl Polanyi's The great transformation concerns the tensions between capitalism and democracy: the former embodies the principle of inequality, while democracy represents that of equality. This paper explores the intellectual heritage of this thesis, in the ‘functional theory’ of G.D.H. Cole and Otto Bauer and in the writings of Eduard Bernstein. It scrutinizes Polanyi's relationship with Bernstein's ‘evolutionary socialism’ and charts his ‘double movement’ vis-à-vis Marxist philosophy: in the 1910s he reacted sharply against Marxism's deterministic excesses, but he then, in the 1920s, engaged in sympathetic dialogue with Austro-Marxist thinkers. The latter, like Bernstein, disavowed economic determinism and insisted upon the importance and autonomy of ethics. Yet they simultaneously predicted a law-like expansion of democracy from the political to the economic arena. Analysis of this contradiction provides the basis for a concluding discussion that reconsiders the deterministic threads in Polanyi's oeuvre. Whereas for some Polanyi scholars these attest to his residual attraction to Marxism, I argue that matters are more complex. While Polanyi did repudiate the more rigidly deterministic of currents in Marxist philosophy, those to which he was attracted, notably Bernstein's ‘revision’ and Austro-Marxism, incorporated a deterministic fatalism of their own, in respect of democratization. Herein lies a more convincing explanation of Polanyi's incomplete escape from a deterministic philosophy of history, as exemplified in his masterwork, The great transformation.en_US
dc.language.isoenen_US
dc.subjectKarl Polanyien_US
dc.subjectGuild socialismen_US
dc.subjectAustro-Marxismen_US
dc.subjectDeterminismen_US
dc.subjectOtto Baueren_US
dc.subjectRed Viennaen_US
dc.titleThe iron law of democratic socialism: British and Austrian influences on the young Karl Polanyien_US
dc.typeArticleen_US
dc.identifier.doihttp://dx.doi.org/10.1080/03085147.2014.898821-
dc.relation.isPartOfEconomy and Society-
dc.relation.isPartOfEconomy and Society-
pubs.publication-statusAccepted-
pubs.publication-statusAccepted-
pubs.volume(forthcoming) 43-
pubs.volume(forthcoming) 43-
pubs.organisational-data/Brunel-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Dept of Politics, History and Law-
pubs.organisational-data/Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Dept of Politics, History and Law/Politics and History-
Appears in Collections:Brunel OA Publishing Fund
Dept of Politics, History and Law Research Papers

Files in This Item:
File Description SizeFormat 
FullText.pdf185.29 kBAdobe PDFView/Open


Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.