The Great Transformation - The Political and Economic Origins of Our Time

Karl Polanyi’s influential work delves into the profound shifts that shaped modern economies and societies, analyzing how political and economic systems became inseparably entwined in the fabric of contemporary life. Through a historical and analytical lens, the author explores the transformation from pre-industrial societies, where markets played a subordinate role, to the rise of market-driven economies, arguing that these changes have had far-reaching consequences for society, culture, and governance. The book offers a critical perspective on the emergence of market liberalism, the social disruptions it caused, and the resulting movements to protect society from the destabilizing effects of...