Primitive, Archaic, And Modern Economies by Karl Polanyi
Essays of Karl Polanyi
Collecting comparative essays in economic anthropology and history, this volume contends that in many nonmarket societies, provisioning is organized through reciprocity, redistribution, and householding, with economic life embedded in social and political institutions. It contrasts these embedded arrangements with the disembedded, self-regulating market of modern capitalism, challenging the universality of formalist, utility-maximizing models. Clarifying concepts like embeddedness, multiple-purpose money, and integrative modes of exchange, it offers a framework for understanding how different societies structure economic life across time.
- Published
- 1968
- Nationality
- American
- Length
- Moderate
- Pages
- 350-450
- Original Language
- English
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- Alternate Titles
- None
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