Financial markets were never disembedded, so reembedding is unnecessary.

Evidence

Konings points here to the inherent overlap of passions and interests in the constitution of neoliberalism. The policy implications of this view are that financial markets and their governance do not have to be reembedded, for they should not be considered disembedded in the first place. — Aris Komporozos-Athanasiou, Speculative Communities, 491

Categorization

  • XREF: Directly opposes the Polanyian ‘double movement’ frame the reader is tracking; key to assessing the book’s counter-speculation argument.
  • DEEPTHINKING: The claim that markets were never disembedded collapses the whole reembedding project—a genuinely paradigm-shifting reframing of Polanyi.