Tag Archives: The Great Transformation

The Great Transformation — 75 Years Later

Karl Polanyi’s masterpiece The Great Transformation was written during the Second World War and published in 1944, but the relevance and importance of this preeminent book has continued to grow. 75 year later, The Great Transformation — an admirable treatise … Continue reading

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Karl Polanyi on the Rise of Fascism and Market Economy

A spectre is haunting the US, parts of Europe and the world — the spectre of Fascism and authoritarian Neoliberalism, veiled as “defensive democracy” and “common-sense patriotism”, disguised as social protectionism, perceived by laymen as innocuous populism. The bothering question … Continue reading

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The Best Book in Economic Sociology and Political Economy for 2014: ‘The Power of Market Fundamentalism’ by Block and Somers

In The Power of Market Fundamentalism: Karl Polanyi’s Critique Fred Block and Margaret R. Somers did a superb scholarly work, sagaciously encountering readers with a powerful intellectual legacy of Karl Polanyi through their insightful analysis of his writings, especially of his … Continue reading

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The Power of ‎Market‬ ‪‎Fundamentalism‬: Karl ‪Polanyi‬’s Critique — a must-read for every economic ‪sociologist‬ and political economist

As the eminent social scientist Karl Polanyi has stultified and debunked the erroneous ideas of economic determinism and market fundamentalism, Fred Block and Margaret Somers greatly contributed to the intellectual endeavor to manifest the ontological embeddedness of State-Economy-Society in their important … Continue reading

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