Showing results for "the transformations" in Economic Conditions

In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the great transformation of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.

Global neoliberalism is on its last legs, as a new international economic order takes hold: trade blocs, tariff wars, economic sanctions, and national champions are in; nationalism, anti-immigration movements, and the far-right are on the rise. Liberalism is being rejected by the civic realm, as the status quo of the past fifty years crumbles. Drawing on original research, leading economist Branko Milanovic reveals the seismic shifts that are shaping our world.