State and Market (Part-II)

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  • Опубліковано 25 січ 2025

КОМЕНТАРІ • 20

  • @sonam-4113
    @sonam-4113 3 роки тому +2

    Thank you mam for such a valuable video .
    Globalization of markets involves the growing interdependency among. the economies of the world; multinational nature of sourcing, manufacturing, trading, and investment activities; increasing frequency of cross-border. transactions and financing; and heightened intensisy of competition among.

  • @sonalisangwan144
    @sonalisangwan144 3 роки тому +1

    Thank you ma'am for such a wonderful lecture.
    Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services.
    Globalization leads to increased competition. This competition can be related to product and service cost and price, target market, technological adaptation, quick response, quick production by companies etc. When a company produces with less cost and sells cheaper, it is able to increase its market share.
    Market, state and society are in a hierarchical relationship with markets organized transnationally while states remain stuck at the national level and society remains relatively fixed at the local level. The crisis is not of the market but of society and the state (and social rights states in particular).

  • @chimerachicken
    @chimerachicken 3 роки тому +3

    Brilliant lecture :)
    In each model of state-market interaction we see that a particular alliance between state and society shaped participation in markets in a different way. Social rights states strengthened society to promote a ‘high road’ of economic development within the market.
    Developmental states mobilize society to participate in the market but are threatened by the increased strength of society. Socialist states veer between state and society as alternative roads to the market, or face a bleak future if they cannot take either path (as in Russia). These dilemmas are themselves intensified by the crisis of ‘embedded liberalism’ itself in recent years.
    The institutional buffers which shielded these state-society alliances from the international liberal order are being eroded, creating a new and uncertain terrain upon which new alliances are being tentatively forged.

  • @Saloni-wm7yh
    @Saloni-wm7yh 3 роки тому +1

    Thanku Ma'am for this informative lecture...

  • @sheetalkaushik_09
    @sheetalkaushik_09 3 роки тому +1

    Thank you so much ma'am for this lecture...
    Market is defined as composition of institution procedure, social relation or infrastructure whereby parties engage in exchange...
    market is defined as the sum total of all the buyers and sellers in the area or region under consideration.
    The area may be earth, countries, regions, states and cities..
    Types...
    The 4 types of market structure in economies difference because of the following characteristics...
    ~Number of producers is used in the perfect and monopolistic competition
    ~There are only a few in oligopoly and one in monopoly
    Social choice theory is concerned with finding an optimal method that aggregates individual preferences judgements votes and decisions for good rule..
    When we understand idea of world economy we shall have to bring into focus that economic models are mainly focusing on mechanism of production and distribution...
    The key main economic models namely capitalism socialism and mixed economy...

  • @ChanchalaKumari-qh1fv
    @ChanchalaKumari-qh1fv 3 роки тому +1

    Thank ma'am for such an insightful lecture ✨🌸
    Globalization is transforming the relationship between states and markets. Even as some authors predict the demise of the state in the face of increasingly global markets, others focus on the role states play in constructing markets themselves and making sustainable market interactions possible.

  • @RaushanKumar-ef2lm
    @RaushanKumar-ef2lm 3 роки тому +1

    To give Artificial intelligence knowledge, what is it future in our society what effects,
    Lecture is nice.
    It gave more knowledge about market society. 🙏🙏

  • @Komal_Sharma
    @Komal_Sharma 3 роки тому +1

    Thank you mam for this amazing lecture:)
    Globalization is transforming the relationship between states and markets. In each model of state-market interaction we see that a particular alliance between state and society shaped participation in markets in a different way. Social rights states strengthened society to promote a ‘high road’ of economic development within the market.
    Market, state and society are in a hierarchical relationship with markets organized transnationally while states remain stuck at the national level and society remains relatively fixed at the local level. The crisis is not of the market but of society and the state (and social rights states in particular).

  • @instantclasses9657
    @instantclasses9657 3 роки тому +3

    Globalization is transforming the relationship between states and markets. Even as some authors predict the demise of the state in the face of increasingly global markets, others focus on the role states play in constructing markets themselves and making sustainable market interactions possible.

  • @Muskandalal7988
    @Muskandalal7988 3 роки тому +2

    A market is the organisation that coordinates the production and consumption of goods and services through voluntary transactions. ... In contrast, the state is an organisation for monopolizing its coercive power and Market, state and society are in a hierarchical relationship with markets organized transnationally while states remain stuck at the national level and society remains relatively fixed at the local level. The crisis is not of the market but of society and the state (and social rights states in particular).

  • @Suhanijaiswal1
    @Suhanijaiswal1 3 роки тому +1

    Market, state and Society are in a hierarchical relationship with markets organised transnationally while States remain stuck at the national level and Society remains relative fixed at the local level. The crisis is not of the market but of society and the state.
    Developmental States mobilize society to participate in the market but threatened by the increased strength of society.
    Socialist States between state and Society as alternative road to the market, on face a bleak future if they cannot take either Path (as in Russia.) These dilemmas are themselves intensified by the crisis of embedded liberalism itself in the recent years.
    The institutional buffers whitch shielded the state society alliances from the international liberal order are being eroded, creating a new and uncertain terrain upon which new alliances are being tentatively forged.
    Thanku ma'am..

  • @aashidhawan
    @aashidhawan 3 роки тому +1

    State-market relations call for a holistic view of the relationship between the material and relational dynamics of society, on the one hand, and between these dynamics and institutional dynamics on the other. As the institution-of-institutions, the state contains mechanisms that are essential to the existence of markets themselves, and these mechanisms are not “natural” givens. It is therefore a mistake to conceive of the state, the market and society as opposing entities. One should turn instead to the institutionalist perspective, which draws from Polanyi, in order to offer a political approach to the state and the market. Economies are actually institutional production systems wherein the material density of the state both as organization and administration is of relevance. The institutionalist perspective thus needs to be fine-tuned in order to show that the state is more than a political-legal entity.
    Thank you ma'am for this informative lecture.

  • @ShivaniBharti-bz5ts
    @ShivaniBharti-bz5ts 3 роки тому +2

    Globalization is transforming the relationship between states and markets. Even as
    some authors predict the demise of the state in the face of increasingly global markets,
    others focus on the role states play in constructing markets themselves and making
    sustainable market interactions possible. As the times change so do our theories,
    generating new concepts which can be used to better understand the previous period.
    This paper undertakes such a project. I argue that state, market and society are
    embedded in each other and constructed by their interactions with one another1
    . The
    paper briefly reviews world-systems and comparative political economy analyses of the
    relation between states and markets. This review provides the framework for a
    discussion of the variety of models of state-market interaction in the postwar ‘Golden
    Age’ of capitalism. Finally I review the challenges which globalization poses to these
    models and consider contemporary experiments with state-market relations in a
    transformed international order.
    Thank you

  • @riya2956
    @riya2956 3 роки тому +1

    Globalization is transforming the relationship between states and markets. State-market relations call for a holistic view of the relationship between the material and relational dynamics of society, on the one hand, and between these dynamics and institutional dynamics on the other. As the institution-of-institutions, the state contains mechanisms that are essential to the existence of markets themselves, and these mechanisms are not “natural” givens.
    Developmental states mobilize society to participate in the market but are threatened by the increased strength of society. Socialist states veer between state and society as alternative roads to the market, or face a bleak future if they cannot take either path (as in Russia). These dilemmas are themselves intensified by the crisis of ‘embedded liberalism’ itself in recent years. The institutional buffers which shielded these state-society alliances from the international liberal order are being eroded, creating a new and uncertain terrain upon which new alliances are being tentatively forged.
    Thank you

  • @nrreflections
    @nrreflections 3 роки тому +1

    Thank you ma'am for such an informative lecture✨
    Market, state and society are in a hierarchical relationship with markets organized transnationally while states remain stuck at the national level and society remains relatively fixed at the local level. The crisis is not of the market but of society and the state (and social rights states in particular).

  • @shruteeshree8025
    @shruteeshree8025 3 роки тому

    Great lecture 💫
    Market, state and society are in a hierarchical relationship with markets organised transnationally while states remain stuck at the national level and society remains relative fixed at the local level.

  • @muskanchhikara7013
    @muskanchhikara7013 3 роки тому +1

    The globalization of the economy has consisted in large part of the weakening and
    even destruction of these institutional buffers between national economies and global
    markets. States find themselves trying to respond to pressures from local societies and
    global markets simultaneously without the breathing room previously offered by
    controls on transnational trade, finance and production. These developments pose
    significant challenges to our current understanding of the relation between states and
    markets.

  • @shalini7268
    @shalini7268 3 роки тому +1

    State-market relations call for a holistic view of the relationship between the material and relational dynamics of society, on the one hand, and between these dynamics and institutional dynamics on the other. As the institution-of-institutions, the state contains mechanisms that are essential to the existence of markets themselves, and these mechanisms are not “natural” givens. It is therefore a mistake to conceive of the state, the market and society as opposing entities. One should turn instead to the institutionalist perspective, which draws from Polanyi, in order to offer a political approach to the state and the market.

  • @khushboodahiya
    @khushboodahiya 3 роки тому +2

    🌈State-market relations call for a holistic view of the relationship between the material and relational dynamics of society, on the one hand, and between these dynamics and institutional dynamics on the other. As the institution-of-institutions, the state contains mechanisms that are essential to the existence of markets themselves, and these mechanisms are not “natural” givens. It is therefore a mistake to conceive of the state, the market and society as opposing entities. One should turn instead to the institutionalist perspective, which draws from Polanyi, in order to offer a political approach to the state and the market. Economies are actually institutional production systems wherein the material density of the state both as organization and administration is of relevance. The institutionalist perspective thus needs to be fine-tuned in order to show that the state is more than a political-legal entity. That is one of the main goals of the present article.

  • @vershajakhar7532
    @vershajakhar7532 3 роки тому +1

    ☑️ *In each model of state-market interaction we see that a particular alliance between state and society shaped participation in markets in a different way. Social rights states strengthened society to promote a ‘high road’ of economic development within the market.*
    ☑️ *Developmental states mobilize society to participate in the market but are threatened by the increased strength of society.* Socialist states veer between state and society as alternative roads to the market, or face a bleak future if they cannot take either path (as in Russia). These dilemmas are themselves intensified by the crisis of ‘embedded liberalism’ itself in recent years. The institutional buffers which shielded these state-society alliances from the international liberal order are being eroded, creating a new and uncertain terrain upon which new alliances are being tentatively forged.
    *THANKYOU MA’AM*