The Great Transformation: The Political and Economic Origins of Our Time

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Beacon Press, 1944 - Business & Economics - 317 pages
10 Reviews
In 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.
  

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Review: The Great Transformation: The Political and Economic Origins of Our Time

User Review  - Sarah - Goodreads

As far as I know, Stiglitz was in diapers when Polanyi wrote the Great Transformation, so I don't know why he is listed as an author. I have the original edition of this book and it is a timeless ... Read full review

Review: The Great Transformation: The Political and Economic Origins of Our Time

User Review  - Goodreads

As far as I know, Stiglitz was in diapers when Polanyi wrote the Great Transformation, so I don't know why he is listed as an author. I have the original edition of this book and it is a timeless ... Read full review

Contents

FOREWORD BY JOSEPH E STIGLITZ
Conservative Twenties Revolutionary Thirties
Rise and Fall of Market Economy
Societies and Economic Systems
Evolution of the Market Pattern
Labor
Speenhamland 1795
Antecedents and Consequences
Pauperism and Utopia
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About the author (1944)

Karl Polanyi (1886-1964) is considered one of the twentieth century's most discerning economic historians. He left his position as senior editor of Vienna's leading financial and economic weekly in 1933, became a British citizen, taught adult extension programs for Oxford and London Universities, and held visiting chairs at Bennington College and Columbia University. He is co-author of Christianity and the Social Revolution; author of The Great Transformation; Trade and Market in Early Empires (with C.Arnsberg and H.Pearson) and posthumously, Dahomey and the Slave Trade (with A.Rotstein).

Joseph E. Stiglitz was formerly chair of President Clinton's Council of Economic Advisors, and chief economist of the World Bank. He is professor of economics at Stanford University, and senior fellow at the Brookings Institution.

Fred Block is professor of sociology at the University of California, Davis.

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