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£150 today · previous high £150 · all-time low £137

Routledge Questioning the Utopian Springs of Market Economy - Rethinking Globalizations

Amazon

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Description

This Routledge volume revisits the foundational economic theories of Karl Polanyi and Friedrich Hayek to examine the utopian ideals underpinning modern market economies. Drawing on Polanyi's seminal work The Great Transformation, the book challenges the notion that laissez-faire capitalism is a natural state, instead tracing how liberalism's dogma relied on treating land, labour, and money as 'fictitious commodities'. The author argues that the self-regulating market was never autonomous but rather sustained by state intervention and contested by social resistance movements. This critical exploration provides contemporary readers with essential intellectual tools for questioning market mechanisms in the twenty-first century, offering historical perspective on how economic systems are constructed rather than inevitable. Perfect for students and scholars examining political economy, globalisation, and the ideological foundations of capitalism.

Key Features

Routledge publication examining Karl Polanyi's The Great Transformation and its critique of market liberalism's utopian claims.

Comparative analysis of Polanyi and Friedrich Hayek's opposing perspectives on political economy and market mechanisms.

Part of the Rethinking Globalizations series, addressing how economic systems shape and are shaped by global forces.

Scholarly exploration of fictitious commodities including land, labour, and money within capitalist frameworks.

Critical resource for understanding state intervention, market regulation, and social resistance to economic dogma.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 November 2020
Listed Since
07 June 2020

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