Karl Polanyi
Austro-Hungarian economist and historian
Born
Died
1964
61 years ago — 78 years old
Category
Thinkers & Philosophers
Country
Hungary
Links & References
Developed theories on the social and economic impacts of market economies. Published 'The Great Transformation' in 1944, analyzing the rise of the market economy and its relationship with social order. Focused on the critique of classical economics and advocated for social justice in economic practices. Contributed to the understanding of the nature of capitalism and its effects on society, emphasizing the importance of social relations in economic systems.
Published 'The Great Transformation'
Critiqued classical economic theories
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