Beacon Press: The Great Transformation
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The Great Transformation

The Political and Economic Origins of Our Time

Author: Karl Polanyi   Foreword by: Joseph E. Stiglitz   Introduction by: Fred Block

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.
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“One of the most important and original works of this century.”
—Robert Kuttner

“As the Second World War was drawing to a close in 1944, two great works of political economy were published. One was Hayek’s The Road to Serfdom, the driving force behind the free-market revolution in the final quarter of the twentieth century. The other was Karl Polanyi’s The Great Transformation.… [It] is well worth reading.” —Larry Elliott, The Guardian

“[The Great Transformation] did more than any work of that generation to broaden and deepen the critique of market societies.” —John Buell, The Progressive

The Great Transformation

ISBN: 978-080705643-1
Publication Date: 3/28/2001
Pages: 360
Size: x Inches (US)
Price:  $25.00
Format: Paperback
Availability: In stock.