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Jonathan D. London

Great Transformations: Marketizing East Asia

by Jonathan D. London

The world-scale expansion and deepening of markets and market relations rank among the most transformative developments of our times. We can refer to these processes by way of a generic if inelegant neologism – marketization. Accelerated processes of marketization that have taken hold globally in recent decades are deeply “Polanyian,” reflecting both the dialectic of market expansion and habitation and...

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