EconPapers    
Economics at your fingertips  
 

The Methodology of Polanyi's Great Transformation

Asad Zaman ()

Economic Thought, 2016, vol. 5, issue 1, pages 44

Abstract: Polanyi's book, The Great Transformation, provides an analysis of the emergence and significance of capitalist economic structures which differs radically from those currently universally taught in economic textbooks. This analysis is based on a methodological approach which is also radically different from existing methodologies for economics, and more generally social science. This methodology is used by Polanyi without explicit articulation. Our goal in this article is to articulate the methodology used in this book to bring out the several dimensions on which it differs from current approaches to social science. Among the key differences Polanyi provides substantial scope for human agency and capability to change the course of history. He also shows that the social, political and economic spheres of human existence are deeply interlinked and cannot be analysed in isolation, as current approaches assume.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://et.worldeconomicsassociation.org/papers/the ... reat-transformation/ (text/html)
http://et.worldeconomicsassociation.org/files/WEA-ET-5-1-Zaman.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wea:econth:v:5:y:2016:i:1:p:44

Access Statistics for this article

Economic Thought is currently edited by Kyla Rushman

More articles in Economic Thought from World Economics Association Contact information at EDIRC.
Series data maintained by Jake McMurchie ().

 
Page updated 2017-03-26
Handle: RePEc:wea:econth:v:5:y:2016:i:1:p:44