Karl Polanyi


Book Description

Karl Polanyi’s The Great Transformation is generally acclaimed as being among the most influential works of economic history in the twentieth century, and remains as vital in the current historical conjuncture as it was in his own. In its critique of nineteenth-century ‘market fundamentalism’ it reads as a warning to our own neoliberal age, and is widely touted as a prophetic guidebook for those who aspire to understand the causes and dynamics of global economic turbulence at the end of the 2000s. Karl Polanyi: The Limits of the Market is the first comprehensive introduction to Polanyi’s ideas and legacy. It assesses not only the texts for which he is famous – prepared during his spells in American academia – but also his journalistic articles written in his first exile in Vienna, and lectures and pamphlets from his second exile, in Britain. It provides a detailed critical analysis of The Great Transformation, but also surveys Polanyi’s seminal writings in economic anthropology, the economic history of ancient and archaic societies, and political and economic theory. Its primary source base includes interviews with Polanyi’s daughter, Kari Polanyi-Levitt, as well as the entire compass of his own published and unpublished writings in English and German. This engaging and accessible introduction to Polanyi’s thinking will appeal to students and scholars across the social sciences, providing a refreshing perspective on the roots of our current economic crisis.




American Business History


Book Description

This introduction looks at the rise of the American economy from its colonial and frontier beginnings. What made the United States an attractive testing ground for entrepreneurs? How did the United States come to have the largest business enterprises in the world by the early twentieth century? Why did business organizations gain a central place in American society?







Origins of Our Time


Book Description




Fur, Fortune, and Empire: The Epic History of the Fur Trade in America


Book Description

A Seattle Times selection for one of Best Non-Fiction Books of 2010 Winner of the New England Historial Association's 2010 James P. Hanlan Award Winner of the Outdoor Writers Association of America 2011 Excellence in Craft Award, Book Division, First Place "A compelling and well-annotated tale of greed, slaughter and geopolitics." —Los Angeles Times As Henry Hudson sailed up the broad river that would one day bear his name, he grew concerned that his Dutch patrons would be disappointed in his failure to find the fabled route to the Orient. What became immediately apparent, however, from the Indians clad in deer skins and "good furs" was that Hudson had discovered something just as tantalizing. The news of Hudson's 1609 voyage to America ignited a fierce competition to lay claim to this uncharted continent, teeming with untapped natural resources. The result was the creation of an American fur trade, which fostered economic rivalries and fueled wars among the European powers, and later between the United States and Great Britain, as North America became a battleground for colonization and imperial aspirations. In Fur, Fortune, and Empire, best-selling author Eric Jay Dolin chronicles the rise and fall of the fur trade of old, when the rallying cry was "get the furs while they last." Beavers, sea otters, and buffalos were slaughtered, used for their precious pelts that were tailored into extravagant hats, coats, and sleigh blankets. To read Fur, Fortune, and Empire then is to understand how North America was explored, exploited, and settled, while its native Indians were alternately enriched and exploited by the trade. As Dolin demonstrates, fur, both an economic elixir and an agent of destruction, became inextricably linked to many key events in American history, including the French and Indian War, the American Revolution, and the War of 1812, as well as to the relentless pull of Manifest Destiny and the opening of the West. This work provides an international cast beyond the scope of any Hollywood epic, including Thomas Morton, the rabble-rouser who infuriated the Pilgrims by trading guns with the Indians; British explorer Captain James Cook, whose discovery in the Pacific Northwest helped launch America's China trade; Thomas Jefferson who dreamed of expanding the fur trade beyond the Mississippi; America's first multimillionaire John Jacob Astor, who built a fortune on a foundation of fur; and intrepid mountain men such as Kit Carson and Jedediah Smith, who sliced their way through an awe inspiring and unforgiving landscape, leaving behind a mythic legacy still resonates today. Concluding with the virtual extinction of the buffalo in the late 1800s, Fur, Fortune, and Empire is an epic history that brings to vivid life three hundred years of the American experience, conclusively demonstrating that the fur trade played a seminal role in creating the nation we are today.




Trade and Empire in the Atlantic 1400-1600


Book Description

Trade and Empire in the Atlantic 1400-1600 provides an accessible and concise introduction to European expansion overseas during the early modern period. It explains why and how seafarers visited the Caribbean, South America and Africa, and looks at the history of the communities that lived around the ocean as they responded to the challenges and opportunities which sea trade opened for them. Historical thinking on the subject of Empire is naturally controversial as is shown by this survey of the first four stages of early Atlantic colonisation from the conquest of the Canary Islands to the creation of slave plantations in Brazil. This history of the Atlantic Empires is an authoritative introduction to an essential topic in world history.




Dahomey and the Slave Trade


Book Description

The death of Karl Polanyi in 1964, at seventy-seven, curtailed a productive life in the fields economic history and economic anthropology. Some of his students-impressed with his erudition and disregard for the ordinary-described him as "otherworldly". He was founder of the Galilei Society in Budapest, the cradle of the liberal revolutions in Hungary in the first decades of the 20th. century. In the first World War, he was a cavalry officer and after that war he went to Vienna. There he became a columnist and commentator for the Oesterreichische Volkswirt, in charge of analysis of international affairs. For years he read daily The Times, Le Temps, the Frankfurter Zeitung, all the Vienna papers and those from Budapest and others as they were relevant. He emigrated to England where he became a tutor for Oxford University and the University of London and wrote re-analysis of English economic history: The Great Transformation. After World War II, Polanyi came to Columbia University to teach economic history. His courses were always popular and well attended. During his last years at Columbia, and during his early years of retirement, Polanyi was joined by Conrad Arensberg in heading a large interdisciplinary project for the comparative study of economic systems. The volume that resulted was Trade and Market in the Early Empires, a landmark in economic anthropology and economic history. Polanyi's interest in Dahomey stems from one of his students who had contributed two papers on Dahomey to Trade and Market. Polanyi grew interested and, with characteristic thoroughness, read the literature on that West African kingdom. The present book resulted from these last years of productive scholarship. Dahomey and the Slave Trade was prepared for the press by his widow, Ilona Duczynska Polanyi. Foreword vii This book is of vital importance to anthropology for several reasons, the most compelling being that the concerns of history and of anthropology are overlapped in it. Besides making available the economic history of one of the great West African kingdoms, it sets forth some new theory for economic anthropology-particularly Part III, in which Polanyi makes sense of the intricacies of trade between a people with a fully monetized economy, and one without, and those passages in which he adds "house-holding" as a concept to his ideas about the principles of economic integration. Polanyi's position in economic anthropology-not to mention the status he achieved as economic historian, translator of Hungarian literature, man of action, and inspiring teacher-is secure. He has enabled anthropologists to focus their studies of economy on processes of allocation rather than on processes of production, thereby bringing the studies into line with economic theory without merely "applying" economic theory to systems it was not designed to explain. The "release" that resulted from this great stride forward can be compared, for economic anthropology and studies in comparative economics, with the importance of the discovery in the late nineteenth century of the price mechanism itself. The more we know about the workings of other, and strange, economies, the more we can know of our own. Polanyi's work will stand as a major source of comparative insight-the core of anthropological purpose.




The Roman Market Economy


Book Description

The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.




The Ancient Economy


Book Description

"The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history. This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption."--Josiah Ober, author of Political Dissent in Democratic Athens