The Economic Thought of Karl Polanyi
By:James Ronald Stanfield
Published on 1986-10-20 by Springer



The democratic industrial societies face a deeply-rooted institutional crisis. The accepted ways and means of living lead to frustration and anxiety rather than creativity and joy. The roots of this crisis are political and economic. These societies contain economies that pervert and obstruct the human life process and polities that are subordinate to economic vested interests. Karl Polanyi was a Hungarian emigrho witnessed first hand the cataclysms to which this political economic crisis can lead. He created a powerful social economic theory to analyze this institutional impasse and lay the foundation for social reconstruction. This book reviews Polanyi's life and work, his contributions to the methodology of economics, his concepts of social integration, his theory of market capitalism, and his view of freedom in complex industrial societies.
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Book which was published by Springer since 1986-10-20 have ISBNs, ISBN 13 Code is 9781349184347 and ISBN 10 Code is 1349184349
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