Karl Polanyi (1886-1964) was a Hungarian economic historian. His view of laissez-faire capitalism as a fleeting episode in history and of a new world economy as having evolved from it led to better understanding of nonmarket economies. Born in Vienna...

Karl Polanyi (1886–1964) was born in Vienna on October 25 of Hungarian parents and became a leading economic historian of the twentieth century. His understanding of the Industrial Revolution as dependent on a disembedding of the economy from...

Polanyi, a charismatic teacher and original thinker whose ideas cut across both academic and political boundaries, grew up in the intellectual milieu of revisionist socialism in Hungary which also produced Georg Lukács and Karl Mannheim. To escape...

Hungarian socialist who migrated from Budapest to Vienna in 1919 and then to England in 1933. He lectured for the Workers’ Educational Association before moving in 1947 to Columbia University where he conducted seminars on comparative economic...

Karl Paul Polanyi (October 25, 1886, Vienna, Austria — April 23, 1964, Pickering, Ontario)[1] was a Hungarian intellectual known for his opposition to traditional economic thought and his influential book The Great...

The end of the 20th century has been celebrated as the the triumph of the free market. While Fukuyama's "end of history" thesis has been discredited by events, the victory of market capitalism continues to be mythologized. Globalization is erasing ideological differences; the...

In the wake of the neoliberal policies of the 1980s, a new wave of interest has grown in Karl Polanyi's work as a source of inspiration for a new theoretical and social countermovement. Within this context, Polanyi's work has been gradually incorporated into...