Karl Polanyi's Vision of a Socialist Transformation

The political and economic turmoil that followed our most recent financial crisis has sparked a huge resurgence of interest in the work of Karl Polanyi (1886—1964), famous anthropologist, economist, and social philosopher. Polanyi's 1944 masterpiece, The Great Transformation, spoke of dangerous increasing dominance of the market and the resulting counter-movements, a prediction that has been borne out by current international grassroots resistance to austerity, alienation, and environmental...