SPACE researchers presented their work at the International Schumpeter Society Conference

Johanna Rath, Ines Heck (Greenwich University) and Theresa Hager presented their work „Competition in Transitional Processes: Polanyi and Schumpeter“ that condenses to a comparison of Schumpeter’s and Polanyi’s view on societal change  and the role of competition therein. Both theorists ascribe major importance to the co-development and interdependencies of the economic, political and social sphere of society and analyze the consequences of rationalization and commodification on democracy. 
The authors develop an analytical framework that facilitates the comparison of the two ontologically different theories and gain valuable insights on dynamics regarding the current rise of populism in democracies. 

The researches benefitted from the vivid discussion and the fruitful atmosphere of the session „Schumpeterian Theory“.

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