The Great TransformationIn this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade. |
Contents
The Hundred Years Peace | 3 |
Conservative Twenties Revolutionary | 20 |
Satanic Mill | 33 |
Copyright | |
17 other sections not shown
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Common terms and phrases
actually Adam Smith agrarian agricultural allowance system balance of power balance-of-power system banking barter Bentham capitalism capitalist Chartist civilization commodity commodity money Concert of Europe countries countryside cultural currency dislocation economic liberalism economic system effect employment England exchange existence export fact factor fascism feudal forces free trade freedom function Germany gold standard haute finance human income Industrial Revolution institutions interests intervention involved labor market labor power laissez-faire land legislation market economy market system mechanism ment merely methods modern monetary motive movement nature nineteenth century nomic organization Owen parish pauperism peace political Poor Law population principle production protection protectionism rates reciprocity Reform regulation relief restricted result Ricardo Robert Owen rural self-regulating market social society Speenhamland status Statute of Artificers Thurnwald tion token money towns trade unions traditional urban village wages Western workers