In 'The Great Transformation,' Karl Polanyi explores the radical shifts in economic and social structures that shaped modern society during the Industrial Revolution. He argues that the rise of the market economy led to profound disruptions in community life and environmental balance. Polanyi challenges the notion of self-regulating markets, revealing the hidden social costs of laissez-faire capitalism. Through historical examples, he illustrates the tension between economy and society, emphasizing the need for protective measures. This thought-provoking work invites readers to reconsider the relationship between markets and social welfare in contemporary life.
By Karl Polanyi
Published: 2001
"The elements of a social and economic order must be seen not as a finality but as a dynamic process, an ongoing evolution of society, where human values dictate the terms of our interactions with the market."
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.
Showing 8 of 30 similar books
David Heinemeier Hansson, also known as DHH, is a Danish programmer, entrepreneur, and author, best known as the creator of Ruby on Rails, a popular web application framework. Heinemeier Hansson is also a partner at Basecamp, a project management and collaboration software company he co-founded. His contributions to software development have earned him widespread recognition, with Ruby on Rails being used by thousands of developers and companies worldwide. Heinemeier Hansson is also a vocal advocate for remote work, simplicity in business, and sustainable work practices, ideas he explores in his bestselling books Rework and It Doesn’t Have to Be Crazy at Work. In addition to his work in tech, he is an accomplished race car driver, having competed in the 24 Hours of Le Mans. Heinemeier Hansson’s approach to work-life balance and entrepreneurship has made him a thought leader in the tech community, where he continues to challenge traditional business practices and advocate for more human-centered approaches to work
Naval Ravikant is an entrepreneur, angel investor, and philosopher, best known as the co-founder of AngelList, a platform that connects startups with investors. Ravikant is a prolific thinker and writer on topics such as startups, investing, and personal well-being, sharing his wisdom through essays, podcasts, and social media. He has invested in over 100 companies, including Uber, Twitter, and Yammer, making him one of Silicon Valley’s most successful angel investors. Ravikant is also known for his philosophical musings on wealth, happiness, and the meaning of life, which have garnered him a large and dedicated following.
Marc Andreessen is an American entrepreneur, software engineer, and venture capitalist, best known for co-creating the Mosaic web browser, the first widely-used web browser, and co-founding Netscape. Andreessen is also the co-founder of Andreessen Horowitz, one of Silicon Valley’s most prominent venture capital firms, where he invests in groundbreaking technology companies like Facebook, Airbnb, and Coinbase. He is a thought leader on the impact of technology and innovation, often sharing his views on the future of the internet and startups. His contributions to the development of the web and the tech ecosystem have made him one of the most influential figures in technology.
Ezra Klein is a prominent American journalist, political analyst, and author, renowned for his incisive commentary on politics and policy. He co-founded Vox, a widely respected news website known for its explanatory journalism, and served as its editor-in-chief. Klein's work includes the critically acclaimed book "Why We're Polarized," which delves into the deep-seated divisions in American politics. He also hosts "The Ezra Klein Show," a popular podcast where he interviews thought leaders from various fields. Klein's contributions have significantly shaped contemporary political discourse and media consumption.
Alex Honnold is an American professional rock climber, best known for his free solo ascent of El Capitan in Yosemite National Park, a feat that was documented in the Oscar-winning film Free Solo. Honnold is renowned for his mental toughness, technical skill, and ability to climb without ropes or safety equipment. His accomplishments have made him a legend in the climbing world, and he continues to push the boundaries of the sport. Outside of climbing, Honnold is a philanthropist, founding the Honnold Foundation, which supports environmental sustainability projects, particularly in solar energy.
Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.
Jon Stewart is an American comedian, writer, and former host of The Daily Show, where he gained fame for his satirical take on news and politics. Stewart transformed The Daily Show into a critical voice in American media, blending humor with hard-hitting commentary on political and social issues. After stepping down from the show, Stewart has continued to advocate for causes like 9/11 first responders and veterans' rights. He is also a filmmaker, directing the political satire film Irresistible. Stewart remains a significant figure in American culture, known for his wit, activism, and influence on political discourse.
Reid Hoffman is an influential American entrepreneur, venture capitalist, and author, best known as the co-founder of LinkedIn, the professional networking platform that transformed online professional interactions. Hoffman has significantly impacted the business world through his investments in notable tech companies like Airbnb, Facebook, and Zynga. As an author, he has co-written several acclaimed books, including "The Start-Up of You" and "Blitzscaling," which provide strategic insights into career development and business growth. His works are celebrated for their practical advice and have become essential reading for aspiring entrepreneurs and business leaders. Hoffman's contributions extend beyond his literary efforts, as he remains a prominent figure in Silicon Valley, shaping the future of technology and innovation.
Showing 8 of 22 related collections
“The elements of a social and economic order must be seen not as a finality but as a dynamic process, an ongoing evolution of society, where human values dictate the terms of our interactions with the market.”
The Great Transformation
By Karl Polanyi
Discover a world of knowledge through our extensive collection of book summaries.
Karl Polanyi (1886-1964) was a Hungarian economic historian and social philosopher, best known for his influential work, 'The Great Transformation' (1944), which explores the development of market economies and the social consequences of economic systems. Polanyi's writing style is characterized by a blend of historical analysis and critical theory, emphasizing the interplay between economy and society. His other notable works include 'Trade and Market in the Early Empires' and 'The Livelihood of Man,' where he examines the role of economic institutions in shaping human societies. Polanyi's contributions have had a lasting impact on economic sociology, political economy, and the critique of neoliberalism.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In 'Democracy at Work', Richard D. Wolff challenges the conventional notions of democracy and the workplace, advocating for a radical transformation where workers have a say in their enterprises. Through compelling arguments and real-world examples, he explores the failures of capitalism and presents a vision for a more just and equitable economic system. Wolff introduces the idea of worker cooperatives as a feasible alternative, illustrating how they can empower employees and foster true democratic practices. This thought-provoking book urges readers to reconsider their understanding of democracy beyond the confines of politics and into the very fabric of their daily work lives. Are we ready to rethink who really holds the power in the workplace?
In 'Interventions,' Kofi Atta Annan shares riveting insights from his tenure as the UN Secretary-General, unraveling the complexities of global diplomacy and humanitarian crises. Co-authored by Nader Mousavizadeh, the book offers a candid exploration of critical international interventions in the realms of conflict, peacekeeping, and development. Annan's personal anecdotes and reflections challenge conventional narratives, inviting readers to ponder the moral dilemmas faced by world leaders. With a blend of personal and political history, the text reveals the intricate dance between power, responsibility, and human rights on the global stage. Prepare to be captivated by Annan's vision for a more just and united world.
In 'Business as a System of Power', Robert A. Brady delves into the intricate relationship between business and political power in America. He posits that corporations are not merely economic entities, but powerful institutions that shape public policy and societal norms. Through a compelling blend of historical analysis and contemporary examples, Brady uncovers how business influences democracy and governance. Readers are invited to reflect on the ethical implications of this power dynamic. What does it mean for society when business interests can circumvent democratic processes?
In 'Capital,' Karl Marx unveils the intricate mechanics of capitalism, revealing how it perpetuates class struggle and economic disparity. Through a meticulous exploration of labor, commodity, and value, he exposes the exploitative relationships hiding beneath the surface of wealth. With a bold critique of industrial society, Marx argues that the relentless pursuit of profit leads to societal decay and discontent. His revolutionary ideas challenge the very foundations of capitalism, prompting readers to question the status quo. Dive into this groundbreaking work that continues to influence modern economic thought and societal change.
No summary available
In 'Crises of Democracy', Adam Przeworski explores the fragile foundations upon which democratic governments stand. He delves into the causes of contemporary democratic crises, revealing how economic inequality, political polarization, and eroding trust can destabilize societies. Przeworski offers a thought-provoking analysis of historical examples, prompting readers to consider whether democracy can survive in the face of these challenges. With a blend of political science insights and compelling narratives, the book invites reflection on the future of governance. Can democracy endure, or are we witnessing its twilight?
In 'Breaking Rockefeller,' Peter B. Doran unveils the fierce struggle for control over the world’s oil industry in the early 20th century. This riveting narrative dives deep into the fierce rivalry between titans like John D. Rockefeller and the upstart competitors who sought to dismantle his empire. Through thrilling tales of ambition, betrayal, and unexpected alliances, Doran reveals the gritty realities behind the growth of the oil industry and its global implications. Will the challengers succeed in dismantling the monopolistic grip of the Rockefellers? This captivating account will leave readers questioning the true cost of power and the lengths to which individuals will go to secure their legacy.
In 'The Age of Surveillance Capitalism', Shoshana Zuboff unveils the hidden mechanisms behind the digital economy that manipulate personal data for profit. This gripping exploration reveals how tech giants harvest our behaviors and emotions, reshaping our societies and economies. Zuboff warns of a future where privacy is obliterated, and our very autonomy is at stake. With compelling evidence and insightful analysis, she urges us to reclaim control over our lives and destinies. Are we prepared to confront the consequences of this digital revolution?
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
