The Great Transformation by Karl Polanyi
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  The Great Transformation by Karl Polanyi
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Author Topic: The Great Transformation by Karl Polanyi  (Read 1798 times)
Hamster
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« on: May 16, 2014, 01:47:26 PM »

The Great Transformation, Karl Polanyi (1944).

I've just cracked this one open for the first time. Rather than comment on what I've read, I have reproduced the first page of the text as a jumping-off point.

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King of Kensington
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« Reply #1 on: July 19, 2014, 10:37:05 PM »

A remarkable book.  It's unfortunate that economics has become a technical discipline divorced from questions of economic history, how markets are formed, the role of politics etc.

I have the edition that features a forward by Joseph Stiglitz and an introduction by Fred Block.

His daughter Kari Polanyi Levitt has a collection of essays out addressing the relevance of Polanyi today.

http://www.pressprogress.ca/fr/node/599
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Antonio the Sixth
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« Reply #2 on: July 20, 2014, 01:13:52 AM »

It's unfortunate that economics has become a technical discipline divorced from questions of economic history, how markets are formed, the role of politics etc.

Indeed, the degeneracy of "orthodox" economics into stale pseudo-mathematics is one of the great tragedies of this century.
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Beet
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« Reply #3 on: July 20, 2014, 01:20:01 AM »

I got the impression that the front page summarized the rest of the book well. "Capitalism is dead, etc. etc." Well 1943 was the nadir of capitalism, as it turned out.
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