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Karl Polanyi's belief that the greatest threat to freedom was a
poorly administered economy led him to an economics that was more
existential and human-centered. Part I of this book develops
Polanyi's thinking for its significance today through a selection
of papers on re-reading his major work entitled "The Great
Transformation." Part II looks at the life and work of Ilona
Duczynska (Polanyi's wife), political activist, writer and
translator and important influence over Karl and his work.
Kenneth McRobbie, a poet and historian who teaches at the
University of British Columbia, is the editor of "Humanity, Society
and Commitment."
Kari Polanyi Levitt, emeritus professor at McGill University, is
the editor of "The Life and Work of Karl Polanyi."
As far right movements, social disintegration and international
conflict emerge from the decay of the neoliberal order, Karl
Polanyi's warnings against the unbridled domination of markets, is
ever more relevant. The essays in Karl Polanyi for the 21st Century
extend the boundaries of our understanding of Polanyi's life and
work. They will interest Polanyi scholars and all interested in
socialism and our future after neoliberalism. One asks whether,
following Keynes and Hayek, Polanyi's ideas will shape the
twenty-first century. Some clarify, for the meaning of money as a
fictitious commodity. Others resolve difficulties in understanding
the building blocks of Polanyi's thought: fictitious commodities,
the double movement, the United States' exceptional development,
the reality of society, and socialism as freedom in a complex
society. And yes others explore how Polanyi sheds light on income
inequality, world systems theory, comparative political economy. --
.
This important book provides a fascinating insight into the
conceptual underpinnings of the theory of plantation economy,
initiated by Lloyd Best and Kari Levitt in the 1960s, as a basis
for analysing the nature of the Caribbean economy. While
acknowledging an intellectual debt to Latin American structuralists
Raul Prebisch, Celso Furtado and Osvaldo Sunkel, and also to the
work of Dudley Seers and William Demas, the authors develop an
original and innovative analytical framework as a counter to more
'universalist' models which failed to take account of the Caribbean
reality. Their work identifies the main features of the plantation
economy as a hinterland characterised by subordination and
dependency on the dominant metropole. Distinguishing between
hinterlands of conquest, settlement and exploitation, Best and
Levitt analyse the rules that determine this complex relationship
with the metropole. Their economic theories are presented against a
background of the historical factors that gave rise to the
'structural continuity' of Caribbean economies and which now impede
meaningful structural transformation.
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