The Great Transformation: Political and Economic Origins of Our Time by Karl Polanyi (Author)

Publisher: ECONOMICS

Availability: In Stock
SKU: 52507
Number of Pages: 315

Rs.710.00

Rs.1,050.00

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In The Great Transformation: Political and Economic Origins of Our Time, Karl Polanyi presents a seminal analysis of the profound changes in society brought about by the rise of industrial capitalism. Published in 1944, Polanyi's work remains a cornerstone in economic history and political economy, exploring how the economic systems of the 19th and 20th centuries fundamentally reshaped political dynamics and social structures worldwide. Through a meticulous historical analysis, Polanyi argues that the emergence of a market society transformed not only economies but also had profound implications for the organization of states and societies.

Polanyi's thesis challenges the notion of the self-regulating market and explores how economies are embedded within social and political institutions. He examines the societal repercussions of market economies, highlighting the tensions between economic forces and social welfare, and how these tensions have shaped modern political landscapes. Drawing on a wide range of historical examples, from the Industrial Revolution to the Great Depression, Polanyi demonstrates how economic policies and transformations have influenced the course of history and continue to do so today. The Great Transformation is essential reading for anyone seeking to understand the complex interplay between economics, politics, and society in the modern era.

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