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.
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Karl Polanyi (1886-1964) is considered one of the twentieth century's most discerning economic historians. He left his position as senior editor of Vienna's leading financial and economic weekly in 1933, became a British citizen, taught adult extension programs for Oxford and London Universities, and held visiting chairs at Bennington College and Columbia University. He is co-author of Christianity and the Social Revolution; author of The Great Transformation; Trade and Market in Early Empires (with C.Arnsberg and H.Pearson) and posthumously, Dahomey and the Slave Trade (with A.Rotstein).
Joseph E. Stiglitz was formerly chair of President Clinton's Council of Economic Advisors, and chief economist of the World Bank. He is professor of economics at Stanford University, and senior fellow at the Brookings Institution.
Fred Block is professor of sociology at the University of California, Davis.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Hardcover. Etat : new. Hardcover. One of the twentieth centurys most important pieces of social and economic theory, highlighting the rise and reality of capitalism as it shaped our world A limited Beacon Classics editionIn this classic work of economic history and social theory, Karl Polanyi tracks the economic and social changes brought about by the great transformation of the Industrial Revolution. He pays particular attention to capitalisms rise and its role in fundamentally altering life after the Industrial Revolution. While previous economic arrangements were embedded within social relations, capitalism reverses this: social relations are defined by economic relations. This seminal analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism.In an era of ever-increasing globalization and free trade, Polanyis cogent historical, social, and economic analysis offers grounded insight into the inner workings of the modern world. Polanyi suggests that capitalism is a historical anomaly. The rules of reciprocity, redistribution and communal obligations were far more consistent as guiding principles of exchange than market relations throughout human history. Capitalism, however, does not exhibit these obligations, and in fact its rise irreversibly destroyed them. The true "great transformation" of the industrial revolution was to completely replace all modes of interaction with capitalism and market relations, forever altering the function, and result, of human relations.Now with a new hardcover package, this treatise from one of the greatest thinkers of the 20th century will illuminate seminal economic and social theory for fans old and new. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780807018828
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