The relevance of Karl Polányi’s insights on social and economic transformation to ecological transformations has long been established. At the core of Polányi’s work were the processes that drive the relationship between state and market, namely commodification and decommodification, particularly the three fictitious commodities of land, labour and money. Understanding decommodification in the heart of the ecological crisis is of vital importance as no ecological sustainability can be achieved when commodifying nature, and no social sustainability is possible when commodifying humans. Today’s guest is Peadar Kirby and Logan Stranchock and we will talk about decommodification not just in theory but also in practice.
Economics for Rebels