THE POWER OF MARKET FUNDAMENTALISM KARL POLANYIS CRITIQUE

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The Power Of Market Fundamentalism

Author : Fred Block
ISBN : 9780674050716
Genre : Business & Economics
File Size : 78.69 MB
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What is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.
Category: Business & Economics

The Power Of Market Fundamentalism

Author : Fred Block
ISBN : 9780674416352
Genre : Political Science
File Size : 48.96 MB
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What is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.
Category: Political Science

The Power Of Market Fundamentalism

Author : Fred Block
ISBN : 0674970888
Genre : Political Science
File Size : 30.68 MB
Format : PDF
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What is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.
Category: Political Science

Karl Polanyi

Author : Gareth Dale
ISBN : 9780231541480
Genre : Biography & Autobiography
File Size : 56.48 MB
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Karl Polanyi (1886–1964) was one of the twentieth century’s most original interpreters of the market economy. His penetrating analysis of globalization’s disruptions and the Great Depression’s underlying causes still serves as an effective counterargument to free market fundamentalism. In this first full biography of the intellectual’s life and work, we learn how personal and historical events structured Polanyi’s clear-eyed analyses and complex convictions. He began his career as a bourgeois radical but transitioned into a Christian socialist with ambivalent views on social democracy, communism, the New Deal, and the intellectual provocations of postwar America. The narrative begins with Polanyi’s childhood in the Habsburg Empire and his involvement with the Great War and Hungary’s postwar revolution. It connects Polanyi’s idealistic radicalism to the political promise and intellectual ferment of Red Vienna and the horror of fascism. The book revisits Polanyi’s oeuvre in English, German, and Hungarian, includes exhaustive research in five archives, and features interviews with Polanyi’s daughter, students, and colleagues, clarifying the contradictory aspects of the thinker’s work. These personal accounts also shed light on Polanyi’s network of scholars, Christians, atheists, journalists, hot and cold warriors, and socialists of all stripes. Offering a unique portal into an epoch’s ruptures, tensions, and upheavals, this biography reflects and condenses extraordinary times through the life of one of its most engaged witnesses.
Category: Biography & Autobiography

Karl Polanyi

Author : Gareth Dale
ISBN : 9780745640716
Genre : Business & Economics
File Size : 64.85 MB
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Karl Polanyi′s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth–century "market fundamentalism" it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi′s ideas and legacy. It assesses not only the texts for which he is famous prepared during his spells in American academia but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi′s daughter, Kari Polanyi–Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi′s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.
Category: Business & Economics

For A New West

Author : Karl Polanyi
ISBN : 9780745684475
Genre : Business & Economics
File Size : 77.19 MB
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At a recent meeting of the World Economic Forum in Davos, it was reported that a ghost was haunting the deliberations of the assembled global elite - that of the renowned social scientist and economic historian, Karl Polanyi. In his classic work, The Great Transformation, Polanyi documented the impact of the rise of market society on western civilization and captured better than anyone else the destructive effects of the economic, political and social crisis of the 1930s. Today, in the throes of another Great Recession, Polanyi’s work has gained a new significance. To understand the profound challenges faced by our democracies today, we need to revisit history and revisit his work. In this new collection of unpublished texts - lectures, draft essays and reports written between 1919 and 1958 - Polanyi examines the collapse of the liberal economic order and the demise of democracies in the inter-war years. He takes up again the fundamental question that preoccupied him throughout his work - the place of the economy in society - and aims to show how we might return to an economy anchored in society and its cultural, religious and political institutions. For anyone concerned about the danger to democracy and social life posed by the unleashing of capital from regulatory control and the dominance of the neoliberal ideologies of market fundamentalism, this important new volume by one of the great thinkers of the twentieth century is a must-read.
Category: Business & Economics

The Great Transformation

Author : Karl Polanyi
ISBN : 9780807056424
Genre : Business & Economics
File Size : 62.76 MB
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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 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.
Category: Business & Economics

Genealogies Of Citizenship

Author : Margaret R. Somers
ISBN : 9780521790611
Genre : History
File Size : 41.70 MB
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This book is an ambitious intertwining of multidisciplinary themes about citizenship, social exclusion, statelessness, civil society, knowledge, the public sphere, networks and narrativity. Margaret Somers offers a fundamental rethinking of democracy, freedom, rights and social justice in today's world. This is political, economic and cultural sociology and social theory at its best.
Category: History

Economic Anthropology

Author : Chris Hann
ISBN : 9780745644837
Genre : Social Science
File Size : 80.61 MB
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This book is a new introduction to the history and practice of economic anthropology by two leading authors in the field. They show that anthropologists have contributed to understanding the three great questions of modern economic history: development, socialism and one-world capitalism. In doing so, they connect economic anthropology to its roots in Western philosophy, social theory and world history. Up to the Second World War anthropologists tried and failed to interest economists in their exotic findings. They then launched a vigorous debate over whether an approach taken from economics was appropriate to the study of non-industrial economies. Since the 1970s, they have developed a critique of capitalism based on studying it at home as well as abroad. The authors aim to rejuvenate economic anthropology as a humanistic project at a time when the global financial crisis has undermined confidence in free market economics. They argue for the continued relevance of predecessors such as Marcel Mauss and Karl Polanyi, while offering an incisive review of recent work in this field. Economic Anthropology is an excellent introduction for social science students at all levels, and it presents general readers with a challenging perspective on the world economy today. Selected by Choice as a 2013 Outstanding Academic Title
Category: Social Science

The Limits Of The Market

Author : Paul De Grauwe
ISBN : 9780198784289
Genre : Business & Economics
File Size : 77.84 MB
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The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show?
Category: Business & Economics