Karl Polanyi

Karl Paul Polanyi (/poʊˈlænji/; Hungarian: Polányi Károly [ˈpolaːɲi ˈkaːroj]; 25 October 1886 – 23 April 1964)[1] was an Austro-Hungarian economic anthropologist, economic sociologist, and politician,[2] best known for his book The Great Transformation, which questions the conceptual validity of self-regulating markets.[3] In his writings, Polanyi advances the concept of the Double Movement, which refers to the dialectical process of marketization and push for social protection against that marketization. He argues that market-based societies in modern Europe were not inevitable but historically contingent. https://en.wikipedia.org/wiki/Karl_Polanyi cf free market


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