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  • Cited by 32
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    This chapter has been cited by the following publications. This list is generated based on data provided by CrossRef.

    Lie, John 1991. Embedding Polanyi's Market Society. Sociological Perspectives, Vol. 34, Issue. 2, p. 219.

    Mayfield, David and Thorne, Susan 1992. Social history and its discontents: Gareth Stedman Jones and the politics of language∗. Social History, Vol. 17, Issue. 2, p. 165.

    Somers, Margaret R. 1996. Class formation and capitalism. A second look at a classic. European Journal of Sociology, Vol. 37, Issue. 01, p. 180.

    Böröcz, József 1997. Stand Reconstructed: Contingent Closure and Institutional Change. Sociological Theory, Vol. 15, Issue. 3, p. 215.

    Mittelman, James H 1998. Globalisation and environmental resistance politics. Third World Quarterly, Vol. 19, Issue. 5, p. 847.

    Somers, Margaret R. 1998. Symposium on Historical Sociology and Rational Choice Theory "We're No Angels": Realism, Rational Choice, and Relationality in Social Science. American Journal of Sociology, Vol. 104, Issue. 3, p. 722.

    Lacher, Hannes 1999. The politics of the market: Re‐reading Karl Polanyi. Global Society, Vol. 13, Issue. 3, p. 313.

    Lacher, Hannes 1999. Embedded Liberalism, disembedded markets: Reconceptualising the pax Americana. New Political Economy, Vol. 4, Issue. 3, p. 343.

    Jessop, Bob 2001. Regulationist and Autopoieticist Reflections on Polanyi's Account of Market Economies and the Market Society. New Political Economy, Vol. 6, Issue. 2, p. 213.

    Barthélemy, Denis and Nieddu, Martino 2007. Non-Trade Concerns in Agricultural and Environmental Economics: How J.R. Commons and Karl Polanyi Can Help Us. Journal of Economic Issues, Vol. 41, Issue. 2, p. 519.

    Peck, Jamie 2009. Economic Sociologies in Space. Economic Geography, Vol. 81, Issue. 2, p. 129.

    Rudy, P 2009. Culture of the Labor Movement and Work in the United States. Sociology Compass, Vol. 3, Issue. 4, p. 575.

    Bandelj, Nina Shorette, Kristen and Sowers, Elizabeth 2011. Work and Neoliberal Globalization: A Polanyian Synthesis. Sociology Compass, Vol. 5, Issue. 9, p. 807.

    Migone, Andrea 2011. Embedded markets: A dialogue between F.A. Hayek and Karl Polanyi. The Review of Austrian Economics, Vol. 24, Issue. 4, p. 355.

    Despain, Hans 2011. Karl Polanyi's Metacritique of the Liberal Creed. Journal of Critical Realism, Vol. 10, Issue. 3, p. 277.

    Scott, Alan 2012. Development Theory and the Constitution of Market Society: A Polanyian View. Comparative Sociology, Vol. 11, Issue. 2, p. 160.

    Wedel, Janine R. 2012. Rethinking Corruption in an Age of Ambiguity. Annual Review of Law and Social Science, Vol. 8, Issue. 1, p. 453.

    Höpner, Martin and Schäfer, Armin 2012. Embeddedness and Regional Integration: Waiting for Polanyi in a Hayekian Setting. International Organization, Vol. 66, Issue. 03, p. 429.

    Silva, Eduardo 2012. Exchange Rising? Karl Polanyi and Contentious Politics in Contemporary Latin America. Latin American Politics and Society, Vol. 54, Issue. 03, p. 1.

    HOLMES, CHRISTOPHER 2013. Ignorance, denial, internalisation, and transcendence: a post-structural perspective on Polanyi's double movement. Review of International Studies, Vol. 39, Issue. 02, p. 273.

  • Print publication year: 1984
  • Online publication date: June 2012

3 - Beyond the Economistic Fallacy: The Holistic Social Science of Karl Polanyi


Karl Polanyi's intellectual work stands among the most significant and original contributions to social science scholarship in the period since the end of World War I. In particular, his book The Great Transformation is now widely recognized to be a classic of sociological thought. Although Polanyi was influenced by the major figures of nineteenth- and early twentieth-century sociology, his work cannot easily be classified within one or another of the major social science traditions. There are echoes throughout The Great Transformation of Marx, Weber, Durkheim, and other classical thinkers, but Polanyi was not a direct disciple of any of these theorists. In fact, in anthropology, where Polanyi's influence has been greatest, the uniqueness of his contribution is suggested by the recognition of a distinctly Polanyian paradigm in economic anthropology that stands in conflict with both Marxist and substantivist traditions.

Significantly, such a paradigm or tradition cannot be located in the other disciplines that were central to Polanyi's work – history, economics, and sociology. While his ideas have influenced subgroups within each of these disciplines, there has been no recognizable attempt to carry out a Polanyian research program in any of them, and for a long period there was almost no secondary literature on Polanyi.

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Vision and Method in Historical Sociology
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