State as an institution of the economic process : an inference from Karl Polanyi

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2010

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Çelik, Necati

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This thesis is build up on the idea that state could be described as an institution of the economic process, which imbues it with certain degree of endurance and protects it from the instability and uncertainty of the free markets. If this idea could be proved,then the mainstream tendency to exclude state from the realm of economics and leave the governance of the economic process solely to self-regulating markets will appear to be a fallacy based on the myth of liberalism. Only after this could be achieved, state could get its proper place in the existing economic system and a solution may be found to the impasse into which societies have been dragged by the free market order that is defended jauntily by liberal economists. .

Subject Keywords

Economics.

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http://etd.lib.metu.edu.tr/upload/12612124/index.pdf
https://hdl.handle.net/11511/19764

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Graduate School of Social Sciences, Thesis

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Citation Formats

N. Çelik, “State as an institution of the economic process : an inference from Karl Polanyi,” M.S. - Master of Science, Middle East Technical University, 2010.