@article{a5d130e8302e4ec49101cbb47fdbe96e,
title = "Environmental protection as market pathology?: carbon trading and the dialectics of the {\textquoteleft}double movement{\textquoteright}.",
abstract = "Polanyi{\textquoteright}s concept of the {\textquoteleft}double movement{\textquoteright} is frequently interpreted as the opposition between the problematic and unsustainable dynamics of the market and the benign and normatively desirable reaction against this by {\textquoteleft}society{\textquoteright}. This paper questions this dualistic interpretation of the double movement and undertakes a problematization of the Polanyian idea of social and environmental protection. It does this by revisiting the concept of the double movement in light of the recent proliferation of market-based mechanisms for environmental regulation. Through an exploration of the different interpretations of Polanyi{\textquoteright}s work, the paper presents a dialectical reading of the double movement that conceptualizes the idea of social protection within a broader capitalist framework. This is then illustrated with the case of emissions trading as a particular form of environmental protection. Carbon trading as a mitigation strategy, it is argued, corresponds to the Polanyian idea of {\textquoteleft}social protection{\textquoteright} in that its protective potential to reduce emissions is itself constrained by the socioeconomic framework within which it operates. This in turn points to the need for a critique of climate mitigation efforts that goes beyond a focus on current problems with emissions trading schemes.",
keywords = "EU Emissions Trading Scheme, Karl Polanyi, climate change, countermovement",
author = "Wim Carton",
note = "First published Online, 20 October 2014",
year = "2014",
doi = "10.1068/d13038p",
language = "English",
volume = "32",
pages = "1002--1018",
journal = "Environment and Planning D: Society and Space",
issn = "1472-3433",
publisher = "Pion Ltd",
number = "6",
}