The Great Transformation
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See moreA classic work of social science from the twentieth century's most prophetic critic of capitalism Prospect
One of the most powerful books in social sciences ever written. ... A must-read Thomas Piketty
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. From the great transformation that occurred during the industrial revolution onwards, he showed, there has been nothing 'natural' about the market state.
Instead, the economy must always be embedded in society, and human needs and relations. Witnessing the 'avalanche of social dislocation' of his time - from the Great Depression, to the rise of fascism and communism and the First and Second World Wars - Polanyi ends with a rallying cry for freedom, and a passionate vision to protect our common humanity.
Polanyi's revolutionary work is a must-read for anyone interested in understanding the complexities of our economic systems and debunking the myths around the free market Mariana Mazzucato
Series: Penguin Modern Classics
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INFORMATION
ISBN: 9780241685556
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 20 June 2024
Country: United Kingdom
Imprint: Penguin Classics
Audience: General / adult
DIMENSIONS
Spine width: 22.0mm
Width: 129.0mm
Height: 198.0mm
Weight: 285g
Pages: 384
About the Author
Karl Polanyi (1886-1964) is considered one of the twentieth century's most prophetic and perceptive economic historians and social theorists. After fleeing his native Hungary and Austria with the rise of fascism, he became a British citizen. During his academic career he taught for the Workers' Educational Association and at Bennington College and Columbia University. He wrote 'The Essence of Fascism', The Great Transformation, and (with A. Rotstein) Dahomey and the Slave Trade.
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