Abstract: In an age of egregious inequality and rising authoritarian, many call for a new “moral economy” and turn to Karl Polanyi’s The Great Transformation for inspiration. Yet Polanyi’s great insight is that those who cannot reckon with the moral economy of “market justice”—the claim that market outcomes, however unequal, are morally just—fail to understand the power of capitalism. Justified by its original claim to rest on natural science, market justice laid the predicate for democracy as mortal threat. Polanyi reveals market justice as based not on natural law but on predistributive political power, and builds his democratic socialist vision on the “reality of society.”
Our latest issue is out! Featuring a dossier on global history and decolonization – from the air, in pharmaceuticals, seeing Dar-es-Salaam as a decolonial space, in the postcolonial career of D.N. Pritt, and African Liberation in 1970. Our issue also includes an essay on hunger strikes at Guantanamo Bay and another on the “Unwilling or Unable” doctrine and its reproduction of racial capitalism.View entire issue >
📘'Choose Your Bearing: Édouard Glissant, Human Rights and Decolonial Ethics' is now available for pre-order!
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Human Rights, Revolutionary Humanitarianism, and African Liberation in 1970, from Meredith Terretta @MTerretta https://muse.jhu.edu/pub/56/article/902635
The Jurisprudence of Decolonization, from Rohit De @itihaasnaama