EconomicsBook · 1944
The Great Transformation
Karl Polanyi
Polanyi argues that treating land, labour and money as ordinary commodities tears up the societies underneath them, and that the resulting backlash produced the upheavals of the twentieth century. Written in 1944, and the reason the phrase double movement keeps resurfacing.
Why you should read this
Polanyi's history and critique of the self-regulating market as a nineteenth-century invention rather than a natural human arrangement, still cited across economics, sociology and political science whenever people argue about markets pulling free of social control. Dense and argumentative, better suited to readers with some grounding in economic history.
- Field
- Economics
- Form
- Non-fiction
- Published
- 1944
- Themes
- Political EconomyEconomics
