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- Title
The Economic Thought of Karl Polanyi: Lives and Livelihood (Book).
- Authors
Stanfield, J. Ron; Neale, Walter C.; Sievers, Allen M.; Fusfeld, Daniel R.
- Abstract
The article discusses the book "The Economic Thought of Karl Polanyi: Lives and Livelihood," by J. Ron Stanfield. The book presents the work of economist Karl Polanyi, and the significance of his work, in five chapters. Chapter 1 contains a brief biography, an account of the intellectual influences upon Polanyi, and account of how his work has influenced others. The chapter ends with a brief discussion of the ethical foundations of Polanyi's work. Chapter 2 takes up, seriatim, the relationship of Polanyi's work to the study of economic anthropology and comparative economic systems, the contrast between the formal and substantive root meanings of "economic" and the "economistic fallacy" of treating all economies as loci of maximizing behavior, and the importance of treating society as primary in analyses of life and of economies. Chapter 3 discusses Polanyi's work as institutionalism, Polanyi's four forms of integration and their relationship to the economic anthropology of economist Marshall Sahlins and "primitive exchange." Chapter 4 is an analysis of the arguments in the book "The Great Transformation." In Chapter 5, Stanfield concludes his analyses with discussions of Polanyi's views on freedoms, industrial society, and planning.
- Subjects
ECONOMIC Thought of Karl Polanyi: Lives &; Livelihood, The (Book); BIOGRAPHY (Literary form); STANFIELD, J.; STANFIELD, J. Ron; ECONOMICS; POLANYI, Karl, 1886-1964; NONFICTION; GREAT Transformation, The (Book)
- Publication
Journal of Economic Issues (Association for Evolutionary Economics), 1988, Vol 22, Issue 1, p253
- ISSN
0021-3624
- Publication type
Book Review