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
Thirties | 20 |
Satanic Mill | 33 |
Societies and Economic Systems | 43 |
Copyright | |
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Common terms and phrases
actually Adam Smith agricultural allowance system balance-of-power system banking barter Bentham CALIFORNIA/SANTA CRUZ capitalism capitalist Chartist civilization commodity commodity money Concert of Europe countries countryside CRUZ The University cultural currency economic liberalism economic system effect employment England exchange existence export fact factor fascism feudal forces foreign free trade freedom function Germany gold standard haute finance human income Industrial Revolution institutions interests intervention involved labor market laissez-faire land legislation market economy market system mechanism ment merely methods 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 Statute of Artificers Thurnwald tion token money towns trade unions traditional UNIVERSITY OF CALIFORNIA/SANTA urban village wages Western workers