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| the great transformation karl polanyi: The Great Transformation Karl Polanyi, 2001-03-28 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. |
| the great transformation karl polanyi: Origins of Our Time Karl Polanyi, 1944 |
| the great transformation karl polanyi: Karl Polanyi Gareth Dale, 2010-06-21 Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis. |
| the great transformation karl polanyi: The Great Transformation Karl Polanyi, 2000-09-10 |
| the great transformation karl polanyi: From the Great Transformation to the Great Financialization Kari Polanyi-Levitt, 2013-08-08 Four years into the unfolding of the most serious crisis since the 1930s, Karl Polanyi's prediction of the fateful consequences of unleashing the destructive power of unregulated market capitalism on peoples, nations, and the natural environment has assumed new urgency and relevance. Polanyi's insistence that 'the self-regulating market' must be made subordinate to democracy, otherwise society itself may be put at risk, is as true today as it was when Polanyi wrote. Written from the unique perspective of his daughter, From the Great Transformation to the Great Financialization is an essential contribution to our understanding of the evolution and contemporary significance of Karl Polanyi's work, and should be read against the background of the accelerating accumulation of global finance that created a series of financial crises in Latin America, Russia, Asia, and, eventually, the heartlands of capitalism itself. |
| the great transformation karl polanyi: Market and Society C. M. Hann, Keith Hart, 2009-05-14 This volume considers how the work of Polanyi can contribute to our understanding of the relationship between market and society. |
| the great transformation karl polanyi: The Great Transformation Karl Polanyi, 1957 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. |
| the great transformation karl polanyi: Economy and Society: Selected Writings Karl Polanyi, 2018-06-29 Few figures are more crucial to understanding the upheavals of our contemporary era than Karl Polanyi. In a world riven by social and economic crises, from rising inequality to the decay of democratic institutions and profound technological disruption, Polanyi’s path-breaking account of the dynamics of market capitalism and his defence of society and nature against the dangerous tendencies of the market capitalist system are more relevant than ever. This book brings together Polanyi’s most important articles and essays to give a unique selection of his essential shorter writings, mixing classic texts with significant but previously little-known pieces. It highlights the coherence and richness of Polanyi’s theoretical and political approach, making it indispensable for understanding his overarching intellectual contribution. The volume includes his interwar writings, which deal with the world economic crisis and the socialist alternative to conservative and fascist developments; his reflection on political theory and the international situation after the war; and his comparative studies of economic institutions. Polanyi’s political writings are complemented and supported by the critique of economic determinism and what he termed ‘our obsolete market mentality’. This book is an invaluable companion to Polanyi’s masterpiece, The Great Transformation, and an essential resource for students and scholars of political economy, sociology, history and political philosophy. |
| the great transformation karl polanyi: Great Transformations Mark Blyth, 2002-09-16 This book picks up where Karl Polanyi's study of economic and political change left off. Building upon Polanyi's conception of the double movement, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s. Blyth views both sets of changes as part of the same dynamic. In the 1930s labor reacted against the exigencies of the market and demanded state action to mitigate the market's effects by 'embedding liberalism.' In the 1970s, those who benefited least from such 'embedding' institutions, namely business, reacted against these constraints and sought to overturn that institutional order. Blyth demonstrates the critical role economic ideas played in making institutional change possible. Great Transformations rethinks the relationship between uncertainty, ideas, and interests, achieving profound new insights on how, and under what conditions, institutional change takes place. |
| the great transformation karl polanyi: The Power of Market Fundamentalism Fred Block, Margaret R. Somers, 2014-04-30 What is it about free-market ideas that give them tenacious staying power in the face of such manifest failures as persistent unemployment, widening inequality, and the severe financial crises that have stressed Western economies over the past forty years? Fred Block and Margaret Somers extend the work of the great political economist Karl Polanyi to explain why these ideas have revived from disrepute in the wake of the Great Depression and World War II, to become the dominant economic ideology of our time. Polanyi contends that the free market championed by market liberals never actually existed. While markets are essential to enable individual choice, they cannot be self-regulating because they require ongoing state action. Furthermore, they cannot by themselves provide such necessities of social existence as education, health care, social and personal security, and the right to earn a livelihood. When these public goods are subjected to market principles, social life is threatened and major crises ensue. Despite these theoretical flaws, market principles are powerfully seductive because they promise to diminish the role of politics in civic and social life. Because politics entails coercion and unsatisfying compromises among groups with deep conflicts, the wish to narrow its scope is understandable. But like Marx's theory that communism will lead to a withering away of the State, the ideology that free markets can replace government is just as utopian and dangerous. |
| the great transformation karl polanyi: Karl Polanyi in Vienna , Karl Polanyi's belief that the greatest threat to freedom was a poorly administered economy led him to an economics that was more existential and human-centered. Part I of this book develops Polanyi's thinking for its significance today through a selection of papers on re-reading his major work entitled The Great Transformation, Part II looks at the life and work of Ilona Duczynska (Polanyi's wife), political activist, writer and translator and important influence over Karl and his work. Kenneth McRobbie, a poet and historian who teaches at the University of British Columbia, is the editor of Humanity, Society and Commitment, Kari Polanyi Levitt, emeritus professor at McGill University, is the editor of The Life and Work of Karl Polanyi, |
| the great transformation karl polanyi: England's Great Transformation Marc W. Steinberg, 2016-04-04 With England’s Great Transformation, Marc W. Steinberg throws a wrench into our understanding of the English Industrial Revolution, largely revising the thesis at heart of Karl Polanyi’s landmark The Great Transformation. The conventional wisdom has been that in the nineteenth century, England quickly moved toward a modern labor market where workers were free to shift from employer to employer in response to market signals. Expanding on recent historical research, Steinberg finds to the contrary that labor contracts, centered on insidious master-servant laws, allowed employers and legal institutions to work in tandem to keep employees in line. Building his argument on three case studies—the Hanley pottery industry, Hull fisheries, and Redditch needlemakers—Steinberg employs both local and national analyses to emphasize the ways in which these master-servant laws allowed employers to use the criminal prosecutions of workers to maintain control of their labor force. Steinberg provides a fresh perspective on the dynamics of labor control and class power, integrating the complex pathways of Marxism, historical institutionalism, and feminism, and giving readers a subtle yet revelatory new understanding of workplace control and power during England’s Industrial Revolution. |
| the great transformation karl polanyi: For a New West Karl Polanyi, 2014-11-10 At a recent meeting of the World Economic Forum in Davos, it was reported that a ghost was haunting the deliberations of the assembled global elite - that of the renowned social scientist and economic historian, Karl Polanyi. In his classic work, The Great Transformation, Polanyi documented the impact of the rise of market society on western civilization and captured better than anyone else the destructive effects of the economic, political and social crisis of the 1930s. Today, in the throes of another Great Recession, Polanyi’s work has gained a new significance. To understand the profound challenges faced by our democracies today, we need to revisit history and revisit his work. In this new collection of unpublished texts - lectures, draft essays and reports written between 1919 and 1958 - Polanyi examines the collapse of the liberal economic order and the demise of democracies in the inter-war years. He takes up again the fundamental question that preoccupied him throughout his work - the place of the economy in society - and aims to show how we might return to an economy anchored in society and its cultural, religious and political institutions. For anyone concerned about the danger to democracy and social life posed by the unleashing of capital from regulatory control and the dominance of the neoliberal ideologies of market fundamentalism, this important new volume by one of the great thinkers of the twentieth century is a must-read. |
| the great transformation karl polanyi: Karl Polanyi Gareth Dale, 2016-05-31 Karl Polanyi (1886–1964) was one of the twentieth century's most original interpreters of the market economy. His penetrating analysis of globalization's disruptions and the Great Depression's underlying causes still serves as an effective counterargument to free market fundamentalism. This biography shows how the major personal and historical events of his life transformed him from a bourgeois radical into a Christian socialist but also informed his ambivalent stance on social democracy, communism, the New Deal, and the shifting intellectual scene of postwar America. The book begins with Polanyi's childhood in the Habsburg Empire and his involvement with the Great War and Hungary's postwar revolution. It connects Polanyi's idealistic radicalism to the political promise and intellectual ferment of Red Vienna and the horror of fascism. The narrative revisits Polanyi's oeuvre in English, German, and Hungarian, includes exhaustive research in five archives, and features interviews with Polanyi's daughter, students, and colleagues, clarifying the contradictory aspects of the thinker's work. These personal accounts also shed light on Polanyi's connections to scholars, Christians, atheists, journalists, hot and cold warriors, and socialists of all stripes. Karl Polanyi: A Life on the Left engages with Polanyi's biography as a reflection and condensation of extraordinary times. It highlights the historical ruptures, tensions, and upheavals that the thinker sought to capture and comprehend and, in telling his story, engages with the intellectual and political history of a turbulent epoch. |
| the great transformation karl polanyi: Innovation and Transformation in International Studies Stephen Gill, James H. Mittelman, 1997-05-15 This book explores the nature of, and conditions for, theoretical innovation in international studies. |
| the great transformation karl polanyi: Reading Karl Polanyi for the Twenty-First Century A. Bugra, K. Agartan, Ay?e Bu?ra, 2007-10-01 Using Karl Polanyi's analysis of the separation of politics and the economy, the book argues that the market economy is not a spontaneous process, but a 'political project' realized through institutional change where labour, land, money, and currently knowledge are commodities. The contributions explore the impact of this commodification process. |
| the great transformation karl polanyi: The Moral Economists Tim Rogan, 2019-03-19 A fresh look at how three important twentieth-century British thinkers viewed capitalism through a moral rather than material lens What’s wrong with capitalism? Answers to that question today focus on material inequality. Led by economists and conducted in utilitarian terms, the critique of capitalism in the twenty-first century is primarily concerned with disparities in income and wealth. It was not always so. The Moral Economists reconstructs another critical tradition, developed across the twentieth century in Britain, in which material deprivation was less important than moral or spiritual desolation. Tim Rogan focuses on three of the twentieth century’s most influential critics of capitalism—R. H. Tawney, Karl Polanyi, and E. P. Thompson. Making arguments about the relationships between economics and ethics in modernity, their works commanded wide readerships, shaped research agendas, and influenced public opinion. Rejecting the social philosophy of laissez-faire but fearing authoritarianism, these writers sought out forms of social solidarity closer than individualism admitted but freer than collectivism allowed. They discovered such solidarities while teaching economics, history, and literature to workers in the north of England and elsewhere. They wrote histories of capitalism to make these solidarities articulate. They used makeshift languages of “tradition” and “custom” to describe them until Thompson patented the idea of the “moral economy.” Their program began as a way of theorizing everything economics left out, but in challenging utilitarian orthodoxy in economics from the outside, they anticipated the work of later innovators inside economics. Examining the moral cornerstones of a twentieth-century critique of capitalism, The Moral Economists explains why this critique fell into disuse, and how it might be reformulated for the twenty-first century. |
| the great transformation karl polanyi: The Origin of Capitalism Ellen Meiksins Wood, 2016-02-23 How did the dynamic economic system we know as capitalism develop among the peasants and lords of feudal Europe? In The Origin of Capitalism, a now-classic work of history, Ellen Meiksins Wood offers readers a clear and accessible introduction to the theories and debates concerning the birth of capitalism, imperialism, and the modern nation state. Capitalism is not a natural and inevitable consequence of human nature, nor simply an extension of age-old practices of trade and commerce. Rather, it is a late and localized product of very specific historical conditions, which required great transformations in social relations and in the relationship between humans and nature. |
| the great transformation karl polanyi: Karl Polanyi and Twenty-First-century Capitalism Radhika Desai, Kari Polanyi Levitt, 2020-06-24 As the neoliberal order decays, we recall Polanyi's warning against market domination and his trademark ideas: commodified money, the double movement, the US exception development, the reality of society, and socialism as freedom in a complex society. The contributors consider the links between Polanyi's ideas and income inequality, world systems theory, and comparative political economy. |
| the great transformation karl polanyi: Routledge Handbook of Ecological Economics Clive L. Spash, 2017-04-07 Since becoming formally established with an international academic society in the late 1980s, ecological economics has advanced understanding of the interactions between social and biophysical reality. It initially combined questioning of the basis of mainstream economics with a concern for environmental degradation and limits to growth, but has now advanced well beyond critique into theoretical, analytical and policy alternatives. Social ecological economics and transformation to an alternative future now form core ideas in an interdisciplinary approach combining insights from a range of disciplines including heterodox economics, political ecology, sociology, political science, social psychology, applied philosophy, environmental ethics and a range of natural sciences. This handbook, edited by a leading figure in the field, demonstrates the dynamism of ecological economics in a wide-ranging collection of state-of-the-art essays. Containing contributions from an array of international researchers who are pushing the boundaries of the field, the Routledge Handbook of Ecological Economics showcases the diversity of the field and points the way forward. A critical analytical perspective is combined with realism about how economic systems operate and their essential connection to the natural world and society. This provides a rich understanding of how biophysical reality relates to and integrates with social reality. Chapters provide succinct overviews of the literature covering a range of subject areas including: heterodox thought on the environment; society, power and politics, markets and consumption; value and ethics; science and society; methods for evaluation and policy analysis; policy challenges; and the future post-growth society. The rich contents dispel the myth of there being no alternatives to current economic thought and the political economy it supports. The Routledge Handbook of Ecological Economics provides a guide to the literature on ecological economics in an informative and easily accessible form. It is essential reading for those interested in exploring and understanding the interactions between the social, ecological and economic and is an important resource for those interested in fields such as: human ecology, political ecology, environmental politics, human geography, environmental management, environmental evaluation, future and transition studies, environmental policy, development studies and heterodox economics. |
| the great transformation karl polanyi: Primitive, Archaic, and Modern Economies Karl Polanyi, 1971 |
| the great transformation karl polanyi: Dahomey and the Slave Trade Polanyi Karl, 2022 The death of Karl Polanyi in 1964, at seventy-seven, curtailed a productive life in the fields economic history and economic anthropology. Some of his students-impressed with his erudition and disregard for the ordinary-described him as otherworldly. He was founder of the Galilei Society in Budapest, the cradle of the liberal revolutions in Hungary in the first decades of the 20th. century. In the first World War, he was a cavalry officer and after that war he went to Vienna. There he became a columnist and commentator for the Oesterreichische Volkswirt, in charge of analysis of international affairs. For years he read daily The Times, Le Temps, the Frankfurter Zeitung, all the Vienna papers and those from Budapest and others as they were relevant. He emigrated to England where he became a tutor for Oxford University and the University of London and wrote re-analysis of English economic history: The Great Transformation. After World War II, Polanyi came to Columbia University to teach economic history. His courses were always popular and well attended. During his last years at Columbia, and during his early years of retirement, Polanyi was joined by Conrad Arensberg in heading a large interdisciplinary project for the comparative study of economic systems. The volume that resulted was Trade and Market in the Early Empires, a landmark in economic anthropology and economic history. Polanyi's interest in Dahomey stems from one of his students who had contributed two papers on Dahomey to Trade and Market. Polanyi grew interested and, with characteristic thoroughness, read the literature on that West African kingdom. The present book resulted from these last years of productive scholarship. Dahomey and the Slave Trade was prepared for the press by his widow, Ilona Duczynska Polanyi. Foreword vii This book is of vital importance to anthropology for several reasons, the most compelling being that the concerns of history and of anthropology are overlapped in it. Besides making available the economic history of one of the great West African kingdoms, it sets forth some new theory for economic anthropology-particularly Part III, in which Polanyi makes sense of the intricacies of trade between a people with a fully monetized economy, and one without, and those passages in which he adds house-holding as a concept to his ideas about the principles of economic integration. Polanyi's position in economic anthropology-not to mention the status he achieved as economic historian, translator of Hungarian literature, man of action, and inspiring teacher-is secure. He has enabled anthropologists to focus their studies of economy on processes of allocation rather than on processes of production, thereby bringing the studies into line with economic theory without merely applying economic theory to systems it was not designed to explain. The release that resulted from this great stride forward can be compared, for economic anthropology and studies in comparative economics, with the importance of the discovery in the late nineteenth century of the price mechanism itself. The more we know about the workings of other, and strange, economies, the more we can know of our own. Polanyi's work will stand as a major source of comparative insight-the core of anthropological purpose. |
| the great transformation karl polanyi: Straight Talk on Trade Dani Rodrik, 2019-08-27 Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when it is most needed. |
| the great transformation karl polanyi: Readings in Economic Sociology Nicole Woolsey Biggart, 2008-04-15 These articles, over thirty in total, reflect the best and latest thought in the exciting field of economic sociology. Beginning with the foundation of Smith, Marx, Engels and Polanyi, the volume gathers some of the best writings by economic sociologists that consider national and world economies as both products and influences of society. Contains over twenty articles by classical and contemporary economic social theorists. Covers important topics on economic action, states, and markets. Includes insightful editorial introductions and further reading suggestions. |
| the great transformation karl polanyi: Reconstructing Karl Polanyi Gareth Dale, 2016 Karl Polanyi's contribution to political economy and social science is immeasurable. In Reconstructing Karl Polanyi, Gareth Dale provides a sweeping survey of his contributions to the social sciences. An opponent of traditional economics and a believer in economics' contingency to society and culture, Polanyi's work has a cross-disciplinary appeal, finding popularity in anthropology, economic history, economic sociology and political science. Paradoxical formulations, such as 'liberal socialist' and 'cosmopolitan patriot', are often used to describe Polanyi's intellectual and political vision. In exploring these paradoxes, Dale draws upon original writings and transcripts to reconstruct Polanyi's views on a range of topics long neglected in critical literature; including the history of antiquity, the evolution and dynamics of Stalin's Russia, McCarthyism and Polanyi's critical dialogue with Marxism. Accompanying the reconstruction of his work is Dale's analysis of Polanyi's relevance to current issues, notably the 'clash' between democracy and capitalism, and the nature and trajectory of European unification.--Provided by publisher. |
| the great transformation karl polanyi: A Brief History of Neoliberalism David Harvey, 2007-01-04 Neoliberalism - the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action - has become dominant in both thought and practice throughout much of the world since 1970 or so. Its spread has depended upon a reconstitution of state powers such that privatization, finance, and market processes are emphasized. State interventions in the economy are minimized, while the obligations of the state to provide for the welfare of its citizens are diminished. David Harvey, author of 'The New Imperialism' and 'The Condition of Postmodernity', here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. While Thatcher and Reagan are often cited as primary authors of this neoliberal turn, Harvey shows how a complex of forces, from Chile to China and from New York City to Mexico City, have also played their part. In addition he explores the continuities and contrasts between neoliberalism of the Clinton sort and the recent turn towards neoconservative imperialism of George W. Bush. Finally, through critical engagement with this history, Harvey constructs a framework not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements. |
| the great transformation karl polanyi: War and Social Change in Modern Europe Sandra Halperin, 2004 Halperin traces the persistence of traditional class structures during the development of industrial capitalism in Europe, and the way in which these structures shaped states and state behavior and generated conflict. She documents European conflicts between 1789 and 1914, including small and medium scale conflicts often ignored by researchers and links these conflicts to structures characteristic of industrial capitalist development in Europe before 1945. This book revisits the historical terrain of Karl Polanyi's The Great Transformation (1944), however, it argues that Polanyi's analysis is, in important ways, inaccurate and misleading. Ultimately, the book shows how and why the conflicts both culminated in the world wars and brought about a 'great transformation' in Europe. Its account of this period challenges not only Polanyi's analysis, but a variety of influential perspectives on nationalism, development, conflict, international systems change, and globalization. |
| the great transformation karl polanyi: Digital Capitalism Dan Schiller, 1999 Schiller explores how corporate domination is changing the political and social underpinnings of the Internet. He argues that the market driven policies which govern the Internet are exacerbating existing social inequalities. |
| the great transformation karl polanyi: Black People Invented Everything Dr. Sujan K. Dass, 2020-02-01 Who invented the traffic light? What about transportation itself? Farming? Art? Modern chemistry? Who made…cats? What if I told you there was ONE answer to all of these questions? That one answer? BLACK PEOPLE! Seriously. And this book is like a mini-encyclopedia, full of more evidence than WikiLeaks and just as eye-opening! Do you know just how much Black inventors and creators have given to modern society? Within the past 200 years, Black Americans have drawn on a timeless well of inner genius to innovate and engineer the design of the world we live in today. But what of all the Black history before then? Before white people invented the Patent Office, Black folks were the original creators and builders, developing ingenious ways to manage the world’s changes over millions of years, everywhere you can imagine, from Azerbaijan to Zagazig! With wit and wisdom (and tons of pictures!) this book digs deeper than the whitewashed history we learn in school books and explores how our African ancestors established the foundation of modern society! Have you inherited this genius? What can you do with it? Inspired by solutions from the past, we can develop strategies for a successful future! |
| the great transformation karl polanyi: Karl Polanyi's Vision of a Socialist Transformation Brie Michael Brie, 2019-10-15 The political and economic turmoil that followed our most recent financial crisis has sparked a huge resurgence of interest in the work of Karl Polanyi (1886-1964), famous anthropologist, economist, and social philosopher. Polanyi's 1944 masterpiece, The Great Transformation, spoke of dangerous increasing dominance of the market and the resulting counter-movements, a prediction that has been borne out by current international grassroots resistance to austerity, alienation, and environmental upheaval of our world. In Karl Polanyi's Vision of a Socialist Transformation, German social and economic philosophers Michael Brie and Claus Thomasberger bring together central figures in in the field-including Gareth Dale, Nancy Fraser, and Kari Polanyi Levitt-to provide an essential anthology on the contemporary importance of Polanyi's thought. This book is centered around Polanyi's ideas on freedom and community in a complex socialist society based on a completely transformed economy. It also includes five 1920s essays by Polanyi recently discovered in the Montreal Polanyi archive and translated into English for the first time, including his lecture e;On Freedome;, which is central to his unique understanding of socialism. |
| the great transformation karl polanyi: Property and Prophets: The Evolution of Economic Institutions and Ideologies E. K. Hunt, 2016-07-08 Property and Prophets is a concise history of the rise and subsequent triumph of capitalism. Focused primarily on England until 1800 and the United States since 1800, the book's economic history is interspersed with the history of ideas that evolved along with the capitalist system. |
| the great transformation karl polanyi: Life and Work of Karl Polanyi Kari Levitt, 1990 |
| the great transformation karl polanyi: Understanding India's New Political Economy Sanjay Ruparelia, Sanjay Reddy, John Harriss, Stuart Corbridge, 2011-03-09 A number of large-scale transformations have shaped the economy, polity and society of India over the past quarter century. This book provides a detailed account of three that are of particular importance: the advent of liberal economic reform, the ascendance of Hindu cultural nationalism, and the empowerment of historically subordinate classes through popular democratic mobilizations. Filling a gap in existing literature, the book goes beyond looking at the transformations in isolation, managing to: • Explain the empirical linkages between these three phenomena • Provide an account that integrates the insights of separate disciplinary perspectives • Explain their distinct but possibly related causes and the likely consequences of these central transformations taken together By seeking to explain the causal relationships between these central transformations through a coordinated conversation across different disciplines, the dynamics of India’s new political economy are captured. Chapters focus on the political, economic and social aspects of India in their current and historical context. The contributors use new empirical research to discuss how India’s multidimensional story of economic growth, social welfare and democratic deepening is likely to develop. This is an essential text for students and researchers of India's political economy and the growth economies of Asia. |
| the great transformation karl polanyi: Can Democracy Survive Global Capitalism? Robert Kuttner, 2018-04-10 “Democracy is no longer writing the rules for capitalism; instead it is the other way around. With his deep insight and wide learning, Kuttner is among our best guides for understanding how we reached this point and what’s at stake if we stay on our current path.”—Heather McGhee, president of Demos With a new Afterword In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. What is going on? According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, and allowing corporations to evade taxation, raw capitalism strikes at the very foundation of a healthy democracy. Capitalism should serve democracy and not the other way around. One result of this misunderstanding is the large number of disillusioned voters who supported the faux populism of Donald Trump. Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West. |
| the great transformation karl polanyi: Specialization and Trade Arnold Kling, 2016-06-14 Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system. |
| the great transformation karl polanyi: Plutocracy in America Ronald P. Formisano, 2015-09-15 This data-driven book offers insight into the fallacy of widespread opportunity, the fate of the middle class, and the mechanisms that perpetuate income disparity. |
| the great transformation karl polanyi: Local Social Innovation to Combat Poverty and Exclusion Stijn Oosterlynck, Andreas Novy, Yuri Kazepov, 2019-11-27 Based on more than 30 case studies in eight different countries, this book explores the governance dynamics of local social innovations in the field of poverty reduction. The diverse team of contributors reflects on the trajectory of social innovation in European governance. They illustrate how different governance dynamics and welfare mixes enable or hinder poverty reduction strategies and analyse how such dynamics involve a diversity of actors, instruments and resources at different spatial scales. The contributions are based on research motivated by the standstill in the fight against poverty in Europe and the anxiety that conventional macro-social policies are insufficient to deal with the current challenges. |
| the great transformation karl polanyi: Challenging the Right, Augmenting the Left Robert Latham, 2020-04-08T00:00:00Z What does the future hold for the left? How does the left adapt to, and prepare for, the crises of our time? In moments of crisis it is always important to rethink longstanding assumptions, jettison wishful thinking and dated ideas, and recover wisdom from the past. In so doing, we have the opportunity to plot a new way forward. The authors of this edited collection do just this: putting forward a diversity of approaches and issues to strategize for the work that awaits us in the 2020s, particularly in the struggle against capitalism, climate change and the far right. Working within five major thematic areas, the contributors examine how to engage working class people in anti-capitalist struggles, undermine reactionary currents of ethno-nationalism while supporting anti-colonial movements, strategically build power inside and outside the state apparatus, demand new forms of resistance to address environmental crises, and effectively promote solidarity and ecological responsibility. This book provides suggestions for working with popular disaffection, taking the rich, fragmented, conflicted history of refusals and defeats as a starting point for next steps in the struggle against capitalism and the far right, rather than as the basis for more conflict or defeatism. |
| the great transformation karl polanyi: Zombie Economics John Quiggin, 2012-05-06 In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many—members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us—and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs—that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off—brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough—either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession. |
| the great transformation karl polanyi: The Collected Works of Friedrich August Hayek Friedrich August Hayek, 1988 |
The Great Transformation (book) - Wikipedia
The Great Transformation is a book by Karl Polanyi, a Hungarian political economist. First published in 1944 by Farrar & Rinehart, it deals with the social and political upheavals that took place in England during the rise of the market economy.
The Great Transformation - Penguin Books UK
Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has …
The Great Transformation: The Political and Economic Origins …
10 May 2002 · One of the twentieth century's most thorough and discerning historians, Karl Polanyi sheds "new illumination on . . . the social implications of a particular economic system, the market economy that grew into full stature in the nineteenth century."
The Great Transformation - UFRJ
Polanyi, Karl, 1886-1964. The great transformation: the political and economic origins of our time / Karl Polanyi; foreword by Joseph E. Stiglitz; with a new introd. by Fred Block.—2nd
The Great Transformation by Karl Polanyi | Waterstones
20 Jun 2024 · Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has …
The Great Transformation: The Political and Economic Origins of …
Karl Polanyi’s striking insights into the free-market fantasies and failed financial foundations of 19th century civilization hit home hard, as our own global order totters and slouches toward Armageddon – and once again a new system struggles to be born.
The great transformation : Karl Polanyi : Free Download, …
The great transformation by Karl Polanyi. Publication date 1944-01-01 Publisher Farrar & Rinehart, inc. Collection internetarchivebooks; inlibrary; printdisabled Contributor Internet Archive Language English Item Size 813.6M . Access-restricted-item true Addeddate 2024-02 …
The Great Transformation by Karl Polanyi is a classic critique of ...
26 Jun 2024 · Hungarian social theorist Karl Polanyi is best known for his exploration of the collapse of liberal institutions that occurred between 1914 and 1945. His book, The Great Transformation,...
Karl Polanyi and the Writing of 'The Great Transformation'
Karl Polanyi's 1944 book, The Great Transformation, has been recognized as central for the field of economic sociology, but it has not been subject to the same theoretical scrutiny as other classic works in the field.
The Great Transformation by Karl Polanyi - Penguin
20 Jun 2024 · ‘The twentieth century's most prophetic critic of capitalism’ Prospect. Tracing the history of capitalism in England and beyond, Karl Polanyi's landmark 1944 classic brilliantly exposed the myth of laissez-faire economics.
The Great Transformation (book) - Wikipedia
The Great Transformation is a book by Karl Polanyi, a Hungarian political economist. First published in 1944 by Farrar & Rinehart, it deals with the …
The Great Transformation - Penguin Books UK
Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism …
The Great Transformation: The Political and Economic …
10 May 2002 · One of the twentieth century's most thorough and discerning historians, Karl Polanyi sheds "new illumination on . . . the …
The Great Transformation - UFRJ
Polanyi, Karl, 1886-1964. The great transformation: the political and economic origins of our time / Karl Polanyi; foreword by Joseph E. …
The Great Transformation by Karl Polanyi | Waterstones
20 Jun 2024 · Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of …
