UK Business

The Great Transformation by Karl Polanyi is a classic critique of capitalism – but it wasn’t an overnight success

Written by: Gareth Dale, Reader in Political Economy, Brunel University London

According to Polanyi, the expansion of market society brought not peace and prosperity, but economic collapse, fascism and war.Everett Collection/Shutterstock

Hungarian social theorist Karl Polanyi is best known for his exploration of the collapse of liberal institutions that occurred between 1914 and 1945. His book, The Great Transformation,...

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The Great Transformation by Karl Polanyi is a classic critique of capitalism – but it wasn’t an overnight success

More Articles …

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Scott Capelin's 14-Point Formula That Predicts Whether a Fitness Studio Will Make Money

Why this year's Budget barely touches the $3,287 headwind

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What Role Does Office Space Play in Talent Attraction?

Ageing industrial infrastructure is risking Australia’s export economy – and now industry has the answer

Traditions of Rural Bali at Villa Sabana

Budget negative gearing changes put small commercial property on investor radar: BMT

Will the Australian dollar keep rising in 2026? 3 factors to watch in the new year

Shearwater Capital Invests in EvenBetter.ai to Drive Gender Pay Gap Action

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New AR tech helping to solve field service skills crisis

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