Marketization and Globale Ruling  Cover Image

Piacosítás és globális uralmi rend
Marketization and Globale Ruling

Author(s): Béla Pokol
Subject(s): Politics / Political Sciences
Published by: MTA Politikai Tudományi Intézete

Summary/Abstract: In the study the effects of the marketization on power relations is outlined. It is argued that the marketization has double dimensions and beyond the functional dimension in which this phenomenon has positive effects there is the ruling dimension of the society and in this dimension the marketization enhances the power of the groups which have controll over the mechanisms of the banking sphere and over the money. On the theory of Karl Polányi the study makes a difference and from the substantial meaning of economy he emphasizes the meaning of the formal economy which means the mechanisms of the market and the banking sphere. Although the market mechanisms emerged in the productive sphere (industrie and agriculture) in the last decades these mechanisms begann to organize the functioning of a lot of subsystems of the society: the education, the health care, the army, the police, the prisons etc. In this way the marketization enhances the power of the groups which controll of the banking mechanisnms not only in the substantive econony but in the whole society.

  • Issue Year: 2004
  • Issue No: 3
  • Page Range: 5-40
  • Page Count: 36
  • Language: Hungarian
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