Polanyi on the Persistence of Economic Dogma

In reading Karl Polanyi’s 1944 classic, The Great Transformation, I’ve come across some passages regarding the persistence of the doctrines of economic liberalism (what we would today refer to as neo-liberalism) despite the onset of economic crisis. Despite being written almost 70 years ago, it sounds like it could have been written today: ‘Secular tenets … More Polanyi on the Persistence of Economic Dogma

Book to read – From the Great Transformation to the Great Financialization

Originally posted on Real-World Economics Review Blog:
from  Maria Alejandra Madi and the WEA Pedagogy Blog In her new book, Kari Polanyi Levitt considers the insights of her father Karl Polanyi’s classic The Great Transformation to propose a challenging discussion on the contemporary global financial crisis in the perspective of the financialization of Western capitalism. In…