The Great Transformation: The Political and Economic Origins of Our Time
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.
What people are saying - Write a review
We haven't found any reviews in the usual places.
FOREWORD BY JOSEPH E STIGLITZ
Conservative Twenties Revolutionary Thirties
Rise and Fall of Market Economy
Societies and Economic Systems
Evolution of the Market Pattern
Antecedents and Consequences
Pauperism and Utopia
Other editions - View all
actually Adam Smith agricultural allowance system balance-of-power banking barter Bentham capitalism capitalist central Chartist civilization commodity commodity money Concert of Europe countries countryside created cultural currency dislocation economic liberalism economic system economists effect employment England exchange existence export fact factor fascism forces foreign free trade freedom function Germany global gold standard haute finance human incomes increase individual Industrial Revolution institutions interests intervention involved Karl Polanyi labor market laissez-faire land legislation man’s market economy market liberalism market system mechanism merely modern monetary movement nature neoliberal nineteenth century organization parish pauperism peace Polanyi political Poor Law population primitive principle production protection protectionism rates reciprocity redistribution reform regulation restore restricted result Ricardo rule rural self-regulating market social socialist Speenhamland Statute of Artificers Thurnwald token money towns trade unions traditional transformation village wages Western workers