Research Article

FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI

Volume: 4 Number: 2 December 30, 2018
EN TR

FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI

Abstract

This paper aims at understanding the unstable character of the capitalist society, by drawing upon some respective work of Marx, Weber, Schumpeter, and Polanyi. All four, it is argued, share similar visions towards capitalism and contend that the working of capitalism undermines its own institutional structure. The paper advances three theses: all four thinkers conceive human history as displaying both human self expression and the loss of freedom due to increasing rationalization and alienation; according to them capitalism creates both the preconditions of self-realization and rationalization at once; and they also believe that the very success of capitalism is the basic cause of its failure.

Keywords

References

  1. Berlin, I. (1963) Karl Marx: His Life and Environment, New York: Time Incorporated.
  2. Billig, M. S. (2000), “Institutions and Culture: Neo-Weberian Economic Anthropology,” Journal of Economic Issues, 34(4): 771-88.
  3. Bottomore, T. (1985), Theories of Modern Capitalism, London: Unwin Hyman.
  4. Catephores, G. (1994), “The Imperious Austrian: Schumpeter as Bourgeois Marxist,” New Left Review, 205: 3-30.
  5. Colletti, L. (1973), Marxism and Hegel, translated by L. Garner, London: New Left Books.
  6. Dahms, H. F. (1995) “From Creative Action to the Social Rationalization of the Economy: Joseph A. Schumpeter’s Social Theory,” Sociological Theory, 13(1): 1-13.
  7. Ebner, A. (2006), “Schumpeterian Entrepreneurship Revisited: Historical Specificity and the Phases of Capitalist Development,” Journal of the History of Economic Thought, 28(3): 315-32.
  8. Elliott, J. (1980), “Marx and Schumpeter on Capitalism’s Creative Destruction: A Comparative Restatement,” The Quarterly Journal of Economics, 95(3), August: 45-67.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Publication Date

December 30, 2018

Submission Date

October 14, 2018

Acceptance Date

December 31, 2018

Published in Issue

Year 2018 Volume: 4 Number: 2

APA
Özel, H. (2018). FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI. Yildiz Social Science Review, 4(2), 111-124. https://izlik.org/JA72UR79HX
AMA
1.Özel H. FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI. YSSR. 2018;4(2):111-124. https://izlik.org/JA72UR79HX
Chicago
Özel, Hüseyin. 2018. “FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI”. Yildiz Social Science Review 4 (2): 111-24. https://izlik.org/JA72UR79HX.
EndNote
Özel H (December 1, 2018) FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI. Yildiz Social Science Review 4 2 111–124.
IEEE
[1]H. Özel, “FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI”, YSSR, vol. 4, no. 2, pp. 111–124, Dec. 2018, [Online]. Available: https://izlik.org/JA72UR79HX
ISNAD
Özel, Hüseyin. “FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI”. Yildiz Social Science Review 4/2 (December 1, 2018): 111-124. https://izlik.org/JA72UR79HX.
JAMA
1.Özel H. FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI. YSSR. 2018;4:111–124.
MLA
Özel, Hüseyin. “FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI”. Yildiz Social Science Review, vol. 4, no. 2, Dec. 2018, pp. 111-24, https://izlik.org/JA72UR79HX.
Vancouver
1.Hüseyin Özel. FOUR HORSEMEN OF THE APOCALYPSE: MARX, WEBER, SCHUMPETER, AND POLANYI. YSSR [Internet]. 2018 Dec. 1;4(2):111-24. Available from: https://izlik.org/JA72UR79HX