The Great Transformation. Book Summary

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The Great Transformation

Karl Polanyi

What’s inside

An investigation into the societal and economic changes brought about by the ‘market society’ during the Industrial Revolution.

You’ll Learn

  • Understanding economic history
  • Insights into societal changes
  • Learn about the impacts of market society
  • Gaining perspective on economic thought

Key Points

  • Societal upheaval due to Industrial Revolution
  • Consequences of ‘market society’
  • Emphasizes on the role of state
  • Transformation of human livelihoods
  • Countermovement against market society

Who’s it For

  • Economists
  • Sociologists
  • Historians
  • Students of Political Economy

About author

Karl Polanyi was an economic historian and social philosopher known for his opposition to traditional economic thought.