Polanyian anticapitalism frames any departure from tradition as betrayal

Evidence

Angela Mitropoulos offers a particularly scathing critique of this view: ā€œFor Polanyians, ā€˜traditionalism’ is rendered as the only proper anticapitalist strategy because Polanyians systematically re-describe ā€˜capitalism’ as the erosion of ā€˜tradition’ (that is, ā€˜traditional’ concepts of property law and right). By that view, those who do not serve the restoration of ā€˜tradition’—or the reproduction of ā€˜the social’ in the face of uncertainty—are implicitly cast as traitors to the causeā€ (Mitropoulos’s blog entry at https://s0metim3s.com/2019/03/27/streeck-sociology/). — Aris Komporozos-Athanasiou, Speculative Communities, 518

Categorization

  • XREF: Connects to the Frankfurt School debates about Polanyi and tradition versus critical Utopian thinking, and to whether restoring tradition is genuinely progressive.
  • SEED: Angle for essay: does the left’s Polanyian reflex to ā€˜reembed’ markets amount to a nostalgia that plays into the very populism it condemns?