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The Strong Embrace of Weak Actors: Explaining Social Support for Economic Liberalization through the Case Study of Small Business Associations in the European Union

In: Reading Karl Polanyi for the Twenty-First Century

Author

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  • Kevin Young

Abstract

One of the most important aspects of analyzing the political world is to understand the sources of social support for competing political projects at a given time. To understand what ideas are available to animate action is important; to understand where those ideas come from, and the material sources of support for those ideas, is vital. Ideas and political projects do not come from thin air; they come from real people in institutionally embedded contexts who act and think from a particular place, with recourse to how they perceive their own interests. A Polanyian perspective gives us a useful framework of analysis in this regard because it helps us to make sense of the inherent instability of radical projects of economic liberalism which, due to their disregard of a competing, nonmarket logic within social relations, tend to produce calls for economic regulation or a “reembedding” of the economy in nonmarket systems of valuation.

Suggested Citation

  • Kevin Young, 2007. "The Strong Embrace of Weak Actors: Explaining Social Support for Economic Liberalization through the Case Study of Small Business Associations in the European Union," Palgrave Macmillan Books, in: Reading Karl Polanyi for the Twenty-First Century, chapter 11, pages 219-233, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-60718-7_12
    DOI: 10.1057/9780230607187_12
    as

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