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Category Archives: Polanyi
Anthropologists and inequality
Inequality in human societies has always existed. When it becomes extreme (that point varies by society and historical circumstances) the society either collapses completely (e.g., revolution, war, failure of basic services, famine) or undergoes changes in its basic framework. Ancient … Continue reading
Posted in Inequality, Polanyi
Tagged inequality, polanyi
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Karl Polanyi and social justice
An alternative notion of “economy” In the introductory note to the book Trade and Market, Polanyi invites the readers to re-examine the notion of the “economy” since many people think that the only way of organizing the livelihoods of men … Continue reading
Socially Embedding the Market and the Role of Law
Professor Margaret Somers is a Professor of Sociology at the University of Michigan and a renowned expert on the work of Karl Polanyi. She is highly regarded for her writing on a nascent sociology of human rights and its links … Continue reading
The Methodology of Polanyi’s Great Transformation
Polanyi’s book on The Great Transformation provides an analysis of the emergence and significance of capitalist economic structures which differs radically from those currently universally taught in economic textbooks. This analysis is based on a methodological approach which is also … Continue reading
Posted in Capitalism, Economy, Polanyi, Political economy
Tagged capitalism, economics, polanyi, political economy
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Karl Polanyi : prophète de la fin de l’économie libérale
Karl Polanyi, écrivain et professeur d’origine hongroise, a vécu en Europe centrale et en Grande-Bretagne avant d’émigrer aux Etats-Unis durant la Deuxième Guerre mondiale. Il est l’auteur d’une critique brillante et puissante de la tendance libérale à placer le marché … Continue reading
Karl Polanyi – 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 … Continue reading
Posted in Capitalism, Polanyi
Tagged capitalism, polanyi
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Our Obsolete Market Mentality – Civilization Must Find a New Thought Pattern
Karl Polanyi: “The market mechanism moreover created the delusion of economic determinism as a general law for all human society.. To attempt to apply economic determinism to all human societies is little short of fantastic. Nothing is more obvious to … Continue reading
Posted in Capitalism, Polanyi
Tagged capitalism, polanyi
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The Power of Market Fundamentalism – Karl Polanyi’s Critique
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 … Continue reading
Posted in Capitalism, Polanyi
Tagged capitalism, polanyi
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Shifting Involvements: Private Interest and Public Action
Why does society oscillate between intense interest in public issues and almost total concentration on private goals? In this classic work, Albert O. Hirschman offers a stimulating social, political, and economic analysis dealing with how and why frustrations of private … Continue reading
Posted in Civic engagement, Polanyi, Public engagement
Tagged civic engagement, polanyi, public engagement
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