
The Great Transformation
the political and economic origins of our time
$25.51
- Paperback
384 pages
- Release Date
9 September 2024
Summary
The Great Transformation: Unmasking the Market Myth
Tracing the tumultuous history of capitalism from the Industrial Revolution, Karl Polanyi’s seminal work exposes the fallacy of laissez-faire economics. He argues that the economy is not a self-regulating entity but is intrinsically linked to society, shaped by human needs and social connections.
Witnessing the social upheaval of the 20th century – from the Great Depression to the rise of fascism and world wars – Polanyi pa…
Book Details
ISBN-13: | 9780241685556 |
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ISBN-10: | 0241685559 |
Series: | Penguin Modern Classics |
Author: | Karl Polanyi |
Publisher: | Penguin Books Ltd |
Imprint: | Penguin Classics |
Format: | Paperback |
Number of Pages: | 384 |
Release Date: | 9 September 2024 |
Weight: | 282g |
Dimensions: | 197mm x 128mm x 21mm |
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What They're Saying
Critics Review
‘One of the most powerful books in social sciences ever written. Polanyi convincingly shows that market fundamentalism, the religion of competition and the commodification of social relations largely contributed to fragilize Western societies and to lead to the authoritarian and totalitarian nightmare of 1914-1945. The same risk applies today at the global scale. A must-read.’ With this book Karl Polanyi explained the rise of fascism in the 1920s and 30s. Today his great work sheds light on the worldwide rise of authoritarianism, and on our predicament. It is as essential and relevant as it was in 1944.Polanyi’s vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative * Guardian *Polanyi exposes the myth of the free marketThe twentieth century’s most prophetic critic of capitalism … The Great Transformation, written for a broad audience, is witty and passionate as well as erudite * Prospect *His masterpiece * New Yorker *His magnum opus … a totem for social democracy * Dissent *A vital counterpoint to the hegemony of political economics … one of the century’s classics * Boston Review *[The Great Transformation] did more than any work of that generation to broaden and deepen the critique of market societies * Progressive *Polanyi’s revolutionary work is a must-read for anyone interested in understanding the complexities of our economic systems and debunking the myths around the free market – Mariana Mazzucato
About The Author
Karl Polanyi
Karl Polanyi (1886-1964) is considered one of the twentieth century’s most prophetic and perceptive economic historians and social theorists. After fleeing his native Hungary and Austria with the rise of fascism, he became a British citizen. During his academic career he taught for the Workers’ Educational Association and at Bennington College and Columbia University. He wrote ‘The Essence of Fascism’, The Great Transformation, and (with A. Rotstein) Dahomey and the Slave Trade.
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