Karl Polanyi for Historians: An Alternative Economic Narrative

The European Legacy 13 (2):175-191 (2008)

The purpose of this essay is to provide the historian with a generic understanding of the term economy by examining some aspects of the work of the Hungarian ?economic historian? Karl Polanyi (1886?1964). It does not seek to explain Polanyi's economic ideas to economists nor does it seek to locate his ideas within the discourses of the academic discipline of economics; there is abundant academic literature which carries out those tasks. This essay is intended to help fill a void in the historical understanding, especially the modern historical understanding, of the term economy, and of how the characteristics associated with it are generally understood. Yet, in reality, it is the neoclassical paradigm of economics which is typically and uncritically taken to be the touchstone for understanding the economy. This circumstance is problematic, however, when referring to the economy of societies earlier than the late nineteenth century or of societies whose culture differs radically from that of the advanced capitalist ?west.? Polanyi's insights may help historians avoid the risk of either distorting or anachronistically misunderstanding the economy of such societies
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
DOI 10.1080/10848770801913131
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 45,328
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Karl Polanyi y la "hybris" economicista de la Modernidad.Jorge Polo Blanco - 2013 - Logos. Anales Del Seminario de Metafísica [Universidad Complutense de Madrid, España] 46:261-285.
The Reproving of Karl Polanyi.Santhi Hejeebu & Deirdre McCloskey - 1999 - Critical Review 13 (3-4):285-314.
Michael Polanyi and Karl Mannheim.Phil Mullins & Struan Jacobs - 2005 - Tradition and Discovery 32 (1):20-43.
Market Economies and Market Societies.Frank Cunningham - 2005 - Journal of Social Philosophy 36 (2):129–142.
Polanyi and Tillich on History.Donald W. Musser - 1995 - Tradition and Discovery 22 (1):20-30.
Michael Polanyi and the History of Science.Gerald Holton - 1992 - Tradition and Discovery 19 (1):16-30.
Polanyi, Universals, and the Nominalism Controversy.Jon Fennell - 2013 - Journal of Speculative Philosophy 27 (4):365-387.


Added to PP index

Total views
26 ( #348,818 of 2,280,259 )

Recent downloads (6 months)
1 ( #830,174 of 2,280,259 )

How can I increase my downloads?


My notes

Sign in to use this feature