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ID:
092868
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| Publication |
2009.
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| Summary/Abstract |
The conventional wisdom holds that U.S. political institutions are inhospitable to industrial policy. The authors call the conventional wisdom into question by making four claims: (1) the activities targeted by industrial policy are increasingly governed by decentralized production networks rather than markets or hierarchies, (2) "network failures" are therefore no less threatening to industrial dynamism than market or organizational failures, (3) the spatial and organizational decentralization of production have simultaneously increased the demand and broadened the support for American industrial policy, and (4) political decentralization is therefore likely to improve the functioning of industrial policies designed to combat network
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| 2 |
ID:
092082
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| Publication |
2009.
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| Summary/Abstract |
Many have argued that the success of European integration is predicated on reinforcing market structures and some have gone further to state that the creation of a transnational market results in a decoupling of markets from their national political and social frameworks, thus threatening to unravel historical social bargains. Drawing on the work of Karl Polanyi and John Ruggie and using their insights regarding the social embedding of markets, we dissent from this view by examining how the European Court of Justice (ECJ) has handled a key sector of the emerging European market-labor mobility. We argue that rather than disembedding markets, decisions of the ECJ-just as Polanyi and Ruggie would have predicted-activate new social and political arrangements. We find evidence for the development of a new legal and political structure, largely inspired by the Court but also imbricated in European Union legislation, at the regional level.
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| 3 |
ID:
191790
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| Summary/Abstract |
Karl Polanyi’s theories on embeddedness and disembeddedness help unpack the transformation of exchange systems and emergence of markets in societies. This paper analyses a process of such transformation observed in the context of the hand block printing industry of Jaipur and its nearby areas. Through an ethnographic study of the craft, we observe the extent to which hand block printing has undergone heavy commodification and commercialisation while disembedding from the society. Over the years, aspects of hand block printing, such as design, labour and authenticity, have changed for the worse, which has further impacted the socio-cultural identity of this craft and crafts(wo)men engaging in it. Some underlying forces behind this are the commodification of labour and the commercialisation of the craft. While expanding on these, the paper also provides policy recommendations on the aspects of recognising artists and standardising labels in the industry.
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