- Full Description
- Bibliographic Information
- Add Review
Karl Polanyi believed that the greatest threat to freedom was a poorly administered economy. His search for economic and political institutions which reconciled society's moral need for freedom with the requirements of our complex technological civilization led him to believe in the possibility and necessity of an economics that was more existential and human-centered. He did not underestimate the significance of livelihood to lives; he recognized that an inadequate quantity of the former was detrimental to the quality of the latter. He emphasised nonetheless that beyond sufficient livelihood, preoccupation with the pursuit of even more economic wealth greatly erodes the quality of human existence. Economist J.R. Stanfield observed: "In his life and in his work Polanyi seems to represent a unique and compelling blend of the Enlightenment tradition with the more existential thinking of the twentieth century. His economics was both holistic and sharply focused on the effects of economic forces on the life of the human individual."
This is Volume Seven in the series 'Critical Perspectives on Historic Issues'.
Kari Polanyi Levitt is professor of economics at McGill University and author of the bestseller Silent Surrender.
Polanyi's insights into the social and political impact of the market-driven economy were both timely and prescient, and have guaranteed him a place among the great thinkers of the 20th century. - Canadian Book Review Annual
|Date Published||1 Jan 1993|
|Publisher||Black Rose Books|