The contemporary relevance of Karl Polanyi to critical social enterprise scholarship

Michael J. Roy, Suzanne Grant

Research output: Contribution to journalArticle

Abstract

The importance of the work of Karl Polanyi to social enterprise scholarship is often maintained. However, explanations as to how and why his ideas are so relevant to the field are still relatively scarce. In this essay, we argue that engaging with Polanyi’s work directly, and Polanyian scholarship more widely, can provide a deep understanding of the underlying assumptions within current social enterprise conceptualizations, and provide insights into how the relative positioning of market and society may be manipulated to maintain hegemonic positions. Three of Polanyi’s key concepts are considered and discussed in turn: the ‘substantive economy’, the notion of ‘embeddedness’, and his ‘double movement’ thesis. The contemporary relevance of each concept, and the implications for future research, are presented and discussed, with a view to providing a platform from which to pursue a reinvigorated, emancipatory critical research agenda.
Original languageEnglish
Number of pages17
JournalJournal of Social Entrepreneurship
Early online date7 Jun 2019
DOIs
Publication statusE-pub ahead of print - 7 Jun 2019

Fingerprint

positioning
market
economy
Social enterprise
society
thesis
Society
Conceptualization
Positioning
Embeddedness
Research agenda

Keywords

  • social enterprise
  • Polyani
  • critical research

Cite this

@article{0c75075f5a2344859d6fe6de0db5b561,
title = "The contemporary relevance of Karl Polanyi to critical social enterprise scholarship",
abstract = "The importance of the work of Karl Polanyi to social enterprise scholarship is often maintained. However, explanations as to how and why his ideas are so relevant to the field are still relatively scarce. In this essay, we argue that engaging with Polanyi’s work directly, and Polanyian scholarship more widely, can provide a deep understanding of the underlying assumptions within current social enterprise conceptualizations, and provide insights into how the relative positioning of market and society may be manipulated to maintain hegemonic positions. Three of Polanyi’s key concepts are considered and discussed in turn: the ‘substantive economy’, the notion of ‘embeddedness’, and his ‘double movement’ thesis. The contemporary relevance of each concept, and the implications for future research, are presented and discussed, with a view to providing a platform from which to pursue a reinvigorated, emancipatory critical research agenda.",
keywords = "social enterprise, Polyani, critical research",
author = "Roy, {Michael J.} and Suzanne Grant",
note = "Acceptance in SAN AAM: 18m embargo",
year = "2019",
month = "6",
day = "7",
doi = "10.1080/19420676.2019.1621363",
language = "English",
journal = "Journal of Social Entrepreneurship",
issn = "1942-0676",
publisher = "Taylor & Francis Group",

}

The contemporary relevance of Karl Polanyi to critical social enterprise scholarship. / Roy, Michael J.; Grant, Suzanne.

In: Journal of Social Entrepreneurship, 07.06.2019.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The contemporary relevance of Karl Polanyi to critical social enterprise scholarship

AU - Roy, Michael J.

AU - Grant, Suzanne

N1 - Acceptance in SAN AAM: 18m embargo

PY - 2019/6/7

Y1 - 2019/6/7

N2 - The importance of the work of Karl Polanyi to social enterprise scholarship is often maintained. However, explanations as to how and why his ideas are so relevant to the field are still relatively scarce. In this essay, we argue that engaging with Polanyi’s work directly, and Polanyian scholarship more widely, can provide a deep understanding of the underlying assumptions within current social enterprise conceptualizations, and provide insights into how the relative positioning of market and society may be manipulated to maintain hegemonic positions. Three of Polanyi’s key concepts are considered and discussed in turn: the ‘substantive economy’, the notion of ‘embeddedness’, and his ‘double movement’ thesis. The contemporary relevance of each concept, and the implications for future research, are presented and discussed, with a view to providing a platform from which to pursue a reinvigorated, emancipatory critical research agenda.

AB - The importance of the work of Karl Polanyi to social enterprise scholarship is often maintained. However, explanations as to how and why his ideas are so relevant to the field are still relatively scarce. In this essay, we argue that engaging with Polanyi’s work directly, and Polanyian scholarship more widely, can provide a deep understanding of the underlying assumptions within current social enterprise conceptualizations, and provide insights into how the relative positioning of market and society may be manipulated to maintain hegemonic positions. Three of Polanyi’s key concepts are considered and discussed in turn: the ‘substantive economy’, the notion of ‘embeddedness’, and his ‘double movement’ thesis. The contemporary relevance of each concept, and the implications for future research, are presented and discussed, with a view to providing a platform from which to pursue a reinvigorated, emancipatory critical research agenda.

KW - social enterprise

KW - Polyani

KW - critical research

U2 - 10.1080/19420676.2019.1621363

DO - 10.1080/19420676.2019.1621363

M3 - Article

JO - Journal of Social Entrepreneurship

JF - Journal of Social Entrepreneurship

SN - 1942-0676

ER -