Review

CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA

Number: 1 September 30, 2026
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CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA

Abstract

This article examines Karl Polanyi and Susan Strange’s criticism of the global financial system. Although both scholars are from different historical periods, both challenge the social and political consequences of an increasingly market-driven global order. Polanyi’s analysis in his book The Great Transformation traces the emergence of the self-regulating market and the transformation of human society and the subordination of the social to economic imperatives. Strange a contemporary scholar of late twentieth-century also criticizes the financial globalization, and exercises critique to the destabilizing consequences of autonomous and speculative financial markets. While Strange presumes a parallel with a casino, Polanyi sees a transformation of society under capitalism. This article brings the two perspectives into dialogue to identify continuities and differences in their critiques of capitalism in different historical periods.

Keywords

Ethical Statement

The article does not require ethic permission.

References

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Details

Primary Language

English

Subjects

Public Administration

Journal Section

Review

Publication Date

September 30, 2026

Submission Date

September 6, 2026

Acceptance Date

September 17, 2026

Published in Issue

Year 2026 Number: 1

APA
Gökçekuyu, E. (2026). CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies, 1, 70-78. https://doi.org/10.35344/japss.2034215
AMA
1.Gökçekuyu E. CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies. 2026;(1):70-78. doi:10.35344/japss.2034215
Chicago
Gökçekuyu, Ertuğrul. 2026. “CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA”. Journal of Academic Perspective on Social Studies, no. 1: 70-78. https://doi.org/10.35344/japss.2034215.
EndNote
Gökçekuyu E (September 1, 2026) CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies 1 70–78.
IEEE
[1]E. Gökçekuyu, “CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA”, Journal of Academic Perspective on Social Studies, no. 1, pp. 70–78, Sept. 2026, doi: 10.35344/japss.2034215.
ISNAD
Gökçekuyu, Ertuğrul. “CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA”. Journal of Academic Perspective on Social Studies. 1 (September 1, 2026): 70-78. https://doi.org/10.35344/japss.2034215.
JAMA
1.Gökçekuyu E. CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies. 2026;:70–78.
MLA
Gökçekuyu, Ertuğrul. “CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA”. Journal of Academic Perspective on Social Studies, no. 1, Sept. 2026, pp. 70-78, doi:10.35344/japss.2034215.
Vancouver
1.Ertuğrul Gökçekuyu. CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies. 2026 Sep. 1;(1):70-8. doi:10.35344/japss.2034215