The Great Transformation

The Political and Economic Origins of Our Time

Paperback, 360 pages

English language

Published March 27, 2001 by Beacon Press.

ISBN:
978-0-8070-5643-1
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4 stars (2 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.

10 editions

A redpill if there has ever been one

4 stars

A solid introduction if you're new to the study of political economy and general economic history. Proves the fact that in the global history of relationships between two intertwined fields, economy and politics, the leading element has been the embodiment of social relations that is the political aspect of any given society and the current predicament of the economic side being the one leading society trough the expansion of global markets is but a temporary feature of our current given society. Basically proves the historicity of capitalism.

Also, the bookwyrm page is wrong, Stiglitz wrote the prologue to this book, the author is austrian economist Karl Polanyi (altough if you've searched for this book you probably know that by now)

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rated it

4 stars

Subjects

  • Cultural studies
  • Social History
  • General
  • History
  • Sociology
  • Anthropology - Cultural
  • History: World
  • Political Science / General
  • Economics
  • Economic History