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List Price: $24.00Amazon.com's Price: $21.60 You Save: $2.40 (10%)Prices subject to change.
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Binding: Paperback
Dewey Decimal Number: 330.9
EAN: 9780807056431
ISBN: 080705643X
Label: Beacon Press
Manufacturer: Beacon Press
Number Of Items: 1
Number Of Pages: 317
Publication Date: March 28, 2001
Publisher: Beacon Press
Sales Rank: 31048
Studio: Beacon Press
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Editorial Review:
Product Description:
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." -R. M. MacIver
Average Rating: 
Rating:  -
"Our thesis is that the idea of a self-adjusting market implied a stark utopia. Such an institution could not exist for any length of time without annihilating the human and natural substance of society; it would have physically destroyed man and transformed his surroundings into a wilderness." (p. 3)
As one can see from possibly the most famous Polanyi quote, "The Great Transformation" is about the market and its consequences. This book is not an easy read; as Joseph Stiglitz acknowledges ... Read More
Rating: -
While this is now a classic text, having been written in 1944, as time passes it provides a more and more compelling explanation of modern economic history; I have found it to be of immense value - definately worth reading!
Rating:  -
Adam Smith's *Wealth of Nations* may well have been the premier work in the history of economic thought, but his ventures into the realm of economic origins are, alas, founded on Platonic myth. Polanyi's work *Great Transformation* incorporated anthropological work from known primitive societies, plus available historical documents, to construct a far more empirical explanation of the origins of the market economy.
In this work, published fourteen years later, Polanyi (and colleagues) returns ... Read More
Rating: -
Adam Smith's *Wealth of Nations* may well have been the premier work in the history of economic thought, but his ventures into the realm of economic origins are, alas, founded on Platonic myth. Polanyi's work *Great Transformation* incorporated anthropological work from known primitive societies, plus available historical documents, to construct a far more empirical explanation of the origins of the market economy.
In this work, published fourteen years later, Polanyi (and colleagues) returns ... Read More
Rating:  -
Polanyi's great transformation starts in the 19th century with the installation of a self-regulating market system ('the satanic mill') for labor, land and money and by letting the whole society be run by the system without any intervention. It provoked a wholesale destruction of the `traditional fabric of society'.
Attack on the market economy and democracy
In fact, this book is not only an attack against `laissez-faire', but also against a `regulated' market system and against, for Polanyi, ... Read More
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