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Journals / Journal of Academic Perspective on Social Studies / 2026 / Sayı: 1

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

Küresel Finansal Sisteme Yönelik Eleştiriler: Karl Polanyi ve Susan Strange’in Yaklaşımlarının Karşılaştırmalı Bir Analizi

Ertuğrul Gökçekuyu(ANADOLU ÜNİVERSİTESİ)0000-0001-5037-499X
Pages
70–78
Publication Date
2026-09-30
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This article brings the two perspectives into dialogue to identify continuities and differences in their critiques of capitalism in different historical periods.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This article examines Karl Polanyi and Susan Strange’s criticism of the global financial system.
📊
Key Findings & Data:Although both scholars are from different historical periods, both challenge the social and political consequences of an increasingly market-driven global order.
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Conclusion & Impact:This article brings the two perspectives into dialogue to identify continuities and differences in their critiques of capitalism in different historical periods.
🔬Design:Derleme
📍Scope:Comprehensive Sample
⚙️Variables:Karl Polanyi · Susan Strange · Finansal Küreselleşme

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.

Özet

Bu makale, Karl Polanyi ve Susan Strange’in küresel finansal sisteme yönelik eleştirilerini incelemektedir. Her iki akademisyen farklı tarihsel dönemlerde yaşamış ve çalışmalarını farklı koşullarda ortaya koymuş olsalar da, giderek piyasa odaklı hâle gelen küresel düzenin toplumsal ve siyasal sonuçlarını sorgulamaktadır. Polanyi, The Great Transformation (Büyük Dönüşüm) adlı eserinde, kendini düzenleyen piyasanın ortaya çıkışını, insan toplumunun dönüşümünü ve toplumsal olanın ekonomik zorunluluklara tabi kılınmasını incelemektedir. Yirminci yüzyılın son döneminin çağdaş bir akademisyeni olan Strange ise finansal küreselleşmeyi eleştirmekte ve özerk ve spekülatif finansal piyasaların istikrarsızlaştırıcı sonuçlarına yönelik bir eleştiri geliştirmektedir. Strange finansal piyasalarla bir kumarhane arasında paralellik kurarken, Polanyi kapitalizm altında toplumun dönüşümüne odaklanmaktadır. Bu makale, farklı tarihsel dönemlerde kapitalizme yöneltilen eleştiriler arasındaki süreklilikleri ve farklılıkları ortaya koymak amacıyla bu iki yaklaşımı karşılaştırmalı bir çerçevede ele almaktadır.

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Cite This Article

Gökçekuyu, E. (2026). CAPITALISM FROM KARL POLANYI TO SUSAN STRANGE: A SOCIAL AND A POLITICAL POLICYMAKING DILEMMA. Journal of Academic Perspective on Social Studies, Sayı: 1, 70–78. https://doi.org/10.35344/japss.2034215

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