Karl Polanyi quotes

Karl Polanyi photo
6   2

Karl Polanyi

Birthdate: 25. October 1886
Date of death: 23. April 1964

Karl Paul Polanyi was an Austro-Hungarian economic historian, economic anthropologist, economic sociologist, political economist, historical sociologist and social philosopher. He is known for his opposition to traditional economic thought and for his book, The Great Transformation, which argued that the emergence of market-based societies in modern Europe was not inevitable but historically contingent. Polanyi is remembered today as the originator of substantivism, a cultural approach to economics, which emphasized the way economies are embedded in society and culture. This view ran counter to mainstream economics but is popular in anthropology, economic history, economic sociology and political science.

Polanyi's approach to the ancient economies has been applied to a variety of cases, such as Pre-Columbian America and ancient Mesopotamia, although its utility to the study of ancient societies in general has been questioned. Polanyi's The Great Transformation became a model for historical sociology. His theories eventually became the foundation for the economic democracy movement. His daughter, Canadian economist Kari Polanyi Levitt , is Emerita Professor of Economics at McGill University, Montreal. Wikipedia

Works

Quotes Karl Polanyi

„The economic system is, in effect, a mere function of social organization.“

—  Karl Polanyi, book The Great Transformation

The Great Transformation (1944), Ch. 4 : Societies and Economic Systems

Similar authors

Ludwig von Mises photo
Ludwig von Mises62
austrian economist
Amartya Sen photo
Amartya Sen27
Indian economist
John Maynard Keynes photo
John Maynard Keynes118
British economist
Paul A. Samuelson photo
Paul A. Samuelson47
American economist
Wassily Leontief photo
Wassily Leontief10
Russian economist
Martin Heidegger photo
Martin Heidegger66
German philosopher
Ludwig Wittgenstein photo
Ludwig Wittgenstein228
Austrian-British philosopher
Milton Friedman photo
Milton Friedman158
American economist, statistician, and writer
Ronald H. Coase photo
Ronald H. Coase19
British economist and author
Michel Foucault photo
Michel Foucault128
French philosopher
Today anniversaries
Vladimir Lenin photo
Vladimir Lenin335
Russian politician, led the October Revolution 1870 - 1924
Vladimir Nabokov photo
Vladimir Nabokov193
Russian-American novelist, lepidopterist, professor 1899 - 1977
Pierre Teilhard De Chardin photo
Pierre Teilhard De Chardin63
French philosopher and Jesuit priest 1881 - 1955
Khalil Gibran photo
Khalil Gibran93
Lebanese artist, poet, and writer 1883 - 1931
Another 63 today anniversaries
Similar authors
Ludwig von Mises photo
Ludwig von Mises62
austrian economist
Amartya Sen photo
Amartya Sen27
Indian economist
John Maynard Keynes photo
John Maynard Keynes118
British economist
Paul A. Samuelson photo
Paul A. Samuelson47
American economist
Wassily Leontief photo
Wassily Leontief10
Russian economist