Crisis of the Neoliberal Model; Towards Regional Planning - a Polanyian Contribution

Using Karl Polanyi’s analytical instrument, I argue that the current withdrawal of the industrialized powers and the emergence of alternative policies in Latin America are determined by the crisis of the neoliberal model. The polarity between democracy and the market, observed since the beginnings o...

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Detalles Bibliográficos
Autor: Valderrama Saud, Paula
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:Ecuador
Institución:Facultad Latinoamericana de Ciencias Sociales
Repositorio:Revista ICONOS
Idioma:español
OAI Identifier:oai:iconos.flacsoandes.edu.ec:article/1214
Acceso en línea:https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/1214
Access Level:acceso abierto
Palabra clave:Polanyi
Crisis
Neoliberalismo
Democracia
Mercado
Planificación regional
Neoliberalism
Democracy
Market
Regional planning
crisis
neoliberalism
democracy
market
regional planning.
Descripción
Sumario:Using Karl Polanyi’s analytical instrument, I argue that the current withdrawal of the industrialized powers and the emergence of alternative policies in Latin America are determined by the crisis of the neoliberal model. The polarity between democracy and the market, observed since the beginnings of liberal capitalism, has deepened since the inter-war period due to the appearance of so-called “mass democracy.” Since that period, foreign policies of industrialized countries have derived from social conflict caused by this polarity. Current neoliberalism, which favors the limitation of democracy in favor of the self-regulating global market, is a system that contains inherent contradictions on financial and socio-political levels. These contradictions are the cause of the current crisis in the United States and the European Union, a crisis that favors the beginning of a new era characterized by greater regional planning and a plurality of development paths.