Social and Economic Integration

J. R. Stanfield

Chapter 3 in The Economic Thought of Karl Polanyi, 1986, pp 54-92 from Palgrave Macmillan

Abstract: Abstract As indicated in the previous chapter, Polanyi’s historical and anthropological bent had a definite, eminently practical purpose. His intent was ‘to make universal economic history the starting point of a comprehensive reconsideration of the problem of human livelihood’ (LM, p. xxxix). This is the task for further research which Polanyi set in The Great Transformation. Its completion requires that ‘general economic history be re-established on broad conceptual foundations’ (LM, p. xxxix). In this chapter, I consider, first, the method for approaching this task, institutional analysis; and, second, the conceptual foundations that result, the forms of integration. Finally, I review Marshall Sahlins’ application of this research programme to the ethnographic record of primitive economies.

Keywords: Market Economy; Market Exchange; Economic Integration; Integrative Mechanism; Institutional Analysis (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18434-7_3

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DOI: 10.1007/978-1-349-18434-7_3

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