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In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great ...Show synopsisIn 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.Hide synopsis
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I find beaches beautiful but running in dry sand is slow going. Similarly,The Great Transformation, in its literary qualities is awkward. Its beauty lies in penetrating the political economy of our times in ways that dissolve sand castles of superficial ideology. Probing origins is an essential function ...
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