Topic 9 Resistance to globalization.ppt

Bottom-up Perspectives The alternative is to look for a new relationship between markets and social life. Polanyis concept of economics: mans dependence for his living upon nature and his fellows… and refers to the interchange with his natural and social environment, insofar as this results in supplying him with the means of material want-satisfaction. Bottom-up Perspectives What are economies for? Polanyis book The Great Transformation is dedicated to showing how, the liberal utopia of a harmonious market match of supply and demand across divisions of labor overlooked the possibilities that market systems would form their own logic, laws, and interests separate from the rest of society. Bottom-up Perspectives Stakeholding agenda: The principle of stakeholding agenda is that a firms activity affects many parties: shareholders, customers, employees, suppliers, the local community and the nature environment. Bottom-up Perspectives The principle of stakeholding agenda is that A program intended to design institutions, systems and a wider architecture which creates a better economic and social balance, and with it a culture in which common humanity and the instinct to collaborate are allowed to flower. It concerns with well-being of the community of the business enterprise and the community within which it operates. . Bottom-up Perspectives The principle of stakeholding agenda is that The core of the stakeholding agenda turns upon the business enterprises enhanced sense of responsibility and responsiveness towards those with whom it interacts. 5. The primary responsibilities of the firm are thus expanded beyond the more traditional concern for its share-holders. * Topic 9 Resistance to globalization French sociologist: Pierre Bourdieu (1930-2002) Questions: What is resistance to globalization? What are the agents and sites of resistance? Themes: How to conceptualize resistance to globalization, The concepts of social capital and embedded market; Bottom