The Life and Work of Karl Polanyi: A CelebrationKari Levitt This book developes Karl Polanyi's thinking for its significance in the practice of economics and everyday life in democratic societies, and also treats the life of Polanyi from a perspective that conveys an impression of the man, his times, and his place in the evolution of social and economic thought. 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 need for freedom to develop a moral sense, 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-centred. He did not underestimate the significance of livelihood to lives. He emphasized nonetheless tht beyond sufficient livelihood, preoccupation with the pursuit of even more economic wealth greatly erodes the quality of human existence. |
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analysis approach associations Austrian Austrian school Budapest school capitalism capitalist concept crisis criticism cultural Dahomey Dalton debates democracy democratic disembedded econ economic anthropology economic history economic sphere economic system economic theory economists essay essence fascism formalist freedom functional G.D.H. Cole Galilei Circle Georg Lukács guild guild socialism human Hungarian Hungary Ibid ideas ideological Ilona Duczynska important individual industrial institutionalists institutionalization institutions intellectual interests János Kis Karl Polanyi Karl's labour liberal Lukács Magyar market economy market mentality market society market system Marx Marxism means Michael Polanyi Mihály Mises mixed economy modern moral movement nature nineteenth century omic organization Oszkár Jászi planned economy Polanyi's theory political Pollacsek principle problem production radical Red Vienna redistribution relations role self-regulating market social sciences socialist economy sociological Soviet structure Szelényi theoretical tion Trade and Market tradition Transformation University Vienna Western workers wrote