"Presenting a profound and far-reaching analysis of economic, ecological, social, cultural and political developments of contemporary capitalism, this book draws on the work of Karl Polanyi, and re-reads it for our times. The renowned authors offer key insights to current changes in the...

The paper proposes an interpretation of Polanyi's Great Transformation based on a distinction between two meanings contained in the concept of the embedded economy (and its opposite - the disembedded economy). Polanyi's thesis that the market economy is a disembedded economy in fact comprises...

Intro -- Contents -- Foreword -- Introduction -- Note on the 2001 Edition -- Author's Acknowledgments -- The Hundred Years' Peace -- Conservative Twenties, Revolutionary Thirties -- ''Habitation versus Improvement'' -- Societies and Economic Systems -- Evolution of the Market Pattern -- The...