The Occupy Movement: A Polanyian Analysis of Contemporary Dissent
| dc.contributor.author | Owsley, Nicholas | |
| dc.date.accessioned | 2016-05-03T09:06:44Z | |
| dc.date.available | 2016-05-03T09:06:44Z | |
| dc.date.issued | 2012 | |
| dc.date.updated | 2016-05-03T08:23:44Z | |
| dc.description.abstract | This paper argues that Karl Polanyi's theory of the 'double movement' reasonably explains the development of the Occupy Movement in the context of post-financial crisis America. I argue that the 2008 financial crisis precipitated the collapse of an economy that, in Polanyian terms, was significantly disembedded from social institutions, and that the consequent social dislocation laid the foundations for a Polanyian 'countermovement' by society against market fundamentalism. In explaining the disembedding of the economy prior to the financial crisis, I explore the neoliberal turn of the 1970s � specifically financial deregulation and innovation. Following this, the paper finds that the movement's substantive success in imposing social constraints on markets was limited, but that it successfully created a new socially-oriented political-economic dialogue. Furthermore, the paper investigates the movement in the South African political context and finds that its applicability is limited in different political environments. | en_ZA |
| dc.identifier.apacitation | Owsley, N. (2012). <i>The Occupy Movement: A Polanyian Analysis of Contemporary Dissent</i> University of Cape Town ,Faculty of Humanities ,Centre for Social Science Research(CSSR). Retrieved from http://hdl.handle.net/11427/19357 | en_ZA |
| dc.identifier.chicagocitation | Owsley, Nicholas <i>The Occupy Movement: A Polanyian Analysis of Contemporary Dissent.</i> University of Cape Town ,Faculty of Humanities ,Centre for Social Science Research(CSSR), 2012. http://hdl.handle.net/11427/19357 | en_ZA |
| dc.identifier.citation | Owsley, N. (2012). The Occupy Movement: A Polanyian Analysis of Contemporary Dissent. | en_ZA |
| dc.identifier.ris | TY - Working Paper AU - Owsley, Nicholas AB - This paper argues that Karl Polanyi's theory of the 'double movement' reasonably explains the development of the Occupy Movement in the context of post-financial crisis America. I argue that the 2008 financial crisis precipitated the collapse of an economy that, in Polanyian terms, was significantly disembedded from social institutions, and that the consequent social dislocation laid the foundations for a Polanyian 'countermovement' by society against market fundamentalism. In explaining the disembedding of the economy prior to the financial crisis, I explore the neoliberal turn of the 1970s � specifically financial deregulation and innovation. Following this, the paper finds that the movement's substantive success in imposing social constraints on markets was limited, but that it successfully created a new socially-oriented political-economic dialogue. Furthermore, the paper investigates the movement in the South African political context and finds that its applicability is limited in different political environments. DA - 2012 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - The Occupy Movement: A Polanyian Analysis of Contemporary Dissent TI - The Occupy Movement: A Polanyian Analysis of Contemporary Dissent UR - http://hdl.handle.net/11427/19357 ER - | en_ZA |
| dc.identifier.uri | http://hdl.handle.net/11427/19357 | |
| dc.identifier.vancouvercitation | Owsley N. The Occupy Movement: A Polanyian Analysis of Contemporary Dissent. 2012 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/19357 | en_ZA |
| dc.language | eng | en_ZA |
| dc.publisher.department | Centre for Social Science Research(CSSR) | en_ZA |
| dc.publisher.faculty | Faculty of Humanities | en_ZA |
| dc.publisher.institution | University of Cape Town | |
| dc.rights | Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | en_ZA |
| dc.title | The Occupy Movement: A Polanyian Analysis of Contemporary Dissent | en_ZA |
| dc.type | Working Paper | en_ZA |
| uct.type.filetype | Text | |
| uct.type.filetype | Image | |
| uct.type.publication | Research | en_ZA |
| uct.type.resource | Research paper | en_ZA |