 Polanyi on Markets, Democracy and the Crisis of LiberalismAlexander Ebner ()
Chapter Chapter 2 in The Beginnings of Scholarly Economic Journalism, 2011, pp 15-29 from Springer Abstract: Abstract Karl Polanyi, who was born in 1886 in Vienna and died in 1964 in Pickering, Ontario remains a most influential theoretical figure in the social sciences, in particular stimulating both analytical and policy-related concerns that are related with the new institutionalism in economics, sociology and political science. Polanyian insights on the political economy of economic development from an institutional perspective have persistently shaped a variety of discourses that range from the theory of the welfare state to research in comparative economic systems and economic anthropology. Polanyi’s “Great Transformation” may be singled out as a key contribution to both the domains of economic sociology and political economy, as it addresses basic tensions between the developmental dynamics of the market economy and the institutional substance of political democracy (Block 2001). Keywords: Market Economy; Welfare State; Market System; Political Sphere; Market Society (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:euhchp:978-1-4614-0079-0_2 Ordering information: This item can be ordered from DOI: 10.1007/978-1-4614-0079-0_2 Access Statistics for this chapter More chapters in The European Heritage in Economics and the Social Sciences from Springer |
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