The Power of Market Fundamentalism: Karl Polanyi's Critique

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Block, Fred, and Margaret R. Somers. 2014. The Power of Market Fundamentalism: Karl Polanyi's Critique. Harvard University Press.


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"Polanyi teaches us that periods of prosperity and rising living standards [...] were a direct result of democratic gains in politics and civil society. The greatest prosperity in living memory in Europe and the United States came during the social democratic moment -- in the 1950s and 1960s -- when the constraints on business were the greatest."


The Return of Karl Polanyi [More...]
Karl Polanyi's The Great Transformation is an analysis of the enormously destructive and seductive nature of the market fundamentalist worldview that has been so influential over the last three decades.


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