Asad Zaman — Polanyi’s methodology in the Great Transformation

Polanyi’s book is widely recognized as among the most deeply original and seminal analyses of the origins and effects of capitalism. In a previous post, I provided a brief summary of the main arguments of Polanyi. Polanyi does not explicitly discuss methodology, but his analysis is based on a methodology radically different from any currently in use in social sciences. This methodology could provide the basis for an entirely new approach to the subject matter. In my paper entitled The Methodology of Polanyi’s Great Transformation, I have articulated central elements of this methodology by showing how Polanyi uses them in his book. I provide a brief summary of the main ideas of the paper here.

Real-World Economics Review Blog
Polanyi’s methodology in the Great Transformation
Asad Zaman