Karl Polanyi's The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century 'market fundamentalism' it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi's ideas and legacy. It assesses not only the texts for which he is famous - prepared during his spells in American academia - but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi's seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi's daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi's thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.
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"Gareth Dale's book is the most erudite and theoretically comprehensive account of Polanyi's ideas that I have come across. This is above all an exercise in intertextuality and as such it is a remarkable example of intellectual dialogue." -- Keith Hart, Goldsmiths, University of London
"This will likely become the definitive book on Polanyi. In fact, it should be regarded and promoted as the definitive exposition of Polanyi's vision, ideas and the attendant debates. Gareth Dale combines a respectful and duly admiring attitude with unassailable theoretical erudition and clear-headed sobriety. The book also stands on its own as a serious contribution to current ideological debates and scholarly controversies regarding the prospects of post capitalist transitions." -- Georgi Derluguian, Northwestern University
"This will likely become the definitive book on Polanyi. In fact, it should be regarded and promoted as the definitive exposition of Polanyi's vision, ideas and the attendant debates. Gareth Dale combines a respectful and duly admiring attitude with unassailable theoretical erudition and clear-headed sobriety. The book also stands on its own as a serious contribution to current ideological debates and scholarly controversies regarding the prospects of post capitalist transitions." -- Georgi Derluguian, Northwestern University
Gareth Dale's new biography offers us a bracing reminder of a far richer world of socialist activity that once existed in much of the West. Nikil Saval, The Nation