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.
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.
Support 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 'Power Without Responsibility', James Curran and Jean Seaton delve into the intricate interplay between media power and social responsibility. They explore the historical journey of the press and its transformation in the digital age, raising critical questions about accountability. The authors analyze the impact of media monopolies and government regulations on public discourse. Drawing on a wealth of examples, they reveal how media influences democracy and individual freedoms. This provocative examination will leave you pondering the true cost of information in a society thirsting for truth.
In 'High-Rise,' J. G. Ballard explores the eerie disintegration of a luxury skyscraper's community as its inhabitants descend into chaos and primal instincts. What begins as a utopian living space gradually transforms into a battleground of social classes and psychological turmoil. As the building's residents confront their deepest fears and desires, they find themselves spiraling into madness and violence. Could this architectural marvel hold the very worst of human nature within its walls? Discover how isolation and ambition clash within the confines of a high-rise, unraveling the fabric of civilization itself.
In 'Juicy and Delicious', Lucy Alibar takes readers on a tantalizing journey through flavors, memories, and the secrets of the culinary world. The story follows a young aspiring chef who navigates the complexities of family ties, personal dreams, and the art of cooking. With a mix of humor and heartfelt moments, Alibar explores how food can be a vessel for love, culture, and connection. Each chapter unveils recipes that are as rich in emotion as they are in taste. What hidden truths will be revealed in the kitchen, and how will they change the lives of those who dare to savor every bite?
In 'How Proust Can Change Your Life,' Alain De Botton illuminates the profound wisdom of Marcel Proust, revealing how his insights can enhance our everyday existence. Through a blend of humor and philosophy, De Botton explores themes like love, art, and the search for identity, encouraging readers to embrace their inner selves. He posits that Proust's reflections on memory and experience can lead to a deeper understanding of happiness and fulfillment. With anecdotes and practical advice, this book serves as a guide to transforming mundane life into something extraordinary. Discover how Proust can inspire you to rethink your own journey and find beauty in the ordinary.
In "What Technology Wants," Kevin Kelly delves into the deep interplay between humanity and technology, suggesting that technology is an extension of life itself. He argues that just like biological evolution, technology has its own agenda and desires, shaping our future in profound ways. Through a blend of philosophical insights and real-world examples, Kelly reveals how technological advancements reflect our aspirations and fears. As he explores the notion of 'the technium'—a vast, interconnected web of technology—readers are invited to reconsider their relationship with the tools they create. This thought-provoking journey challenges us to embrace technology as a living entity that influences and drives our evolution.
In 'The Art of Game Design,' Jesse Schell unravels the captivating world of game development, blending theory and practical insights. He presents a unique perspective that gaming is not just a skill but an art form, exploring what truly makes games immersive and memorable. With a combination of engaging anecdotes and hands-on exercises, Schell invites readers to think like designers and embrace creativity. The book serves as a comprehensive guide, making it an essential read for aspiring game creators and enthusiasts alike. Dive into the playful intricacies of design and discover the secrets that could inspire your next game masterpiece!
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?
Showing 8 of 25 similar books

Brandon Stanton is an American photographer and author, best known for creating Humans of New York, a photography project that shares the personal stories of everyday people. Through his portraits and interviews, Stanton captures the diverse experiences of people in New York City and around the world, offering intimate insights into their lives. Humans of New York has become a global phenomenon, with millions of followers on social media and several best-selling books. Stanton’s work has expanded beyond photography to include fundraising campaigns that have raised millions of dollars for individuals and charitable causes. His ability to connect with people and share their stories has made him one of the most impactful storytellers of his generation.

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.

Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.

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.

Audrey Gelman is an American entrepreneur and writer, best known as the co-founder and former CEO of The Wing, a network of co-working spaces and social clubs designed for women. She has been recognized for her innovative approach to creating supportive environments for professional women, significantly impacting feminist discourse and workplace equality. Gelman has also contributed thought-provoking essays to prominent publications such as The New York Times and The New Yorker, where she discusses gender, politics, and culture. Her leadership at The Wing has been celebrated for fostering community and collaboration among women. Additionally, Gelman's influence extends to the political sphere, having previously worked as a press aide on several high-profile campaigns.

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.

Jocko Willink is a retired Navy SEAL officer, renowned for his leadership during the Battle of Ramadi in the Iraq War, which earned him the Silver Star and Bronze Star. Transitioning from military service, he co-authored the best-selling book "Extreme Ownership: How U.S. Navy SEALs Lead and Win" with fellow SEAL Leif Babin, which has become a cornerstone in leadership and management literature. Willink has also written the "Way of the Warrior Kid" series, aimed at empowering young readers with principles of discipline and resilience. Additionally, he hosts the popular "Jocko Podcast," where he discusses leadership, discipline, and personal development. Willink's influence extends beyond literature through his Echelon Front leadership consultancy, helping organizations implement effective leadership strategies.

Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.
Showing 8 of 16 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.