Karl Polanyi: The Great Transformation: The Political and Economic Origins of Our Time, 2nd ed. (1944/2001)

25 July 2009, dusan

“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.”

Keywords and phrases: fascism, gold standard, Concert of Europe, economic liberalism, market economy, protectionism, laissez-faire, Industrial Revolution, Statute of Artificers, nomic, commodity money, Chartist, trade unions, token money, Adam Smith, Robert Owen, labor power, economic system, outdoor relief.

Foreword by Joseph E. Stiglitz.
With a New Introduction by Fred Block
Publisher Beacon Press, 2001
ISBN 080705643X, 9780807056431
317 pages


PDF (21 MB, updated on 2014-8-29)

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