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The Economic Thought Of Michael Polanyi
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Book Synopsis The Economic Thought of Michael Polanyi by : Gábor Biró
Download or read book The Economic Thought of Michael Polanyi written by Gábor Biró and published by Routledge. This book was released on 2019-07-24 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics. Drawing on rich archival materials on Polanyi and his correspondents, Gábor Biró explores their competing worldviews and their struggles to popularise their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi’s pioneering economics film and postmodern ideas. This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies.
Book Synopsis The Economic Thought of Karl Polanyi by : J. Ron Stanfield
Download or read book The Economic Thought of Karl Polanyi written by J. Ron Stanfield and published by Palgrave Macmillan. This book was released on 1986 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The democratic industrial societies face a deeply-rooted institutional crisis. The accepted ways and means of living lead to frustration and anxiety rather than creativity and joy. The roots of this crisis are political and economic. These societies contain economies that pervert and obstruct the human life process and polities that are subordinate to economic vested interests. Karl Polanyi was a Hungarian emigrho witnessed first hand the cataclysms to which this political economic crisis can lead. He created a powerful social economic theory to analyze this institutional impasse and lay the foundation for social reconstruction. This book reviews Polanyi's life and work, his contributions to the methodology of economics, his concepts of social integration, his theory of market capitalism, and his view of freedom in complex industrial societies.
Book Synopsis Michael Polanyi by : Mark T. Mitchell
Download or read book Michael Polanyi written by Mark T. Mitchell and published by Simon and Schuster. This book was released on 2023-10-10 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: The polymath Michael Polanyi first made his mark as a physical chemist, but his interests gradually shifted to economics, politics, and philosophy, in which field he would ultimately propose a revolutionary theory of knowledge that grew out of his firsthand experience with both the scientific method and political totalitarianism. In this sixth entry in ISI Books’ Library of Modern Thinkers’ series, Mark T. Mitchell reveals how Polanyi came to recognize that the roots of the modern political and spiritual crisis lay in an errant conception of knowledge that served to foreclose any possibility of making meaningful statements about truth, goodness, or beauty. Polanyi’s theory of knowledge as ineluctably personal but also grounded in reality is not merely of historical interest, writes Mitchell, for it proposes an attractive alternative for anyone who would reject both the hubris of modern rationalism and the ultimately nihilistic implications of academic postmodernism.
Book Synopsis Society, Economics, and Philosophy by : Michael Polanyi
Download or read book Society, Economics, and Philosophy written by Michael Polanyi and published by Routledge. This book was released on 2017-07-28 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Society, Economics and Philosophy represents the full range of Polanyi's interests outside of his scientific work: economics, politics, society, philosophy of science, religion and positivist obstacles to it, and art. Polanyi's principal ideas are contained in three essays: on the scientific revolution, the creative imagination and the mind-body relation. Precisely because of Polanyi's work in the physical sciences, his writings have a unique dimension not found in other advocates of the market and too infrequently found even in philosophers of science.Polanyi was a powerful critic of totalitarianism and of the deficiencies of the usual defenses of freedom which helped to prepare the way for it. Freedom, he argued, can be based only upon truth and dedication to transcendent ideals, not upon skepticism, utilitarianism and the liberty of doing merely as one pleases. At a time when easy slogans about socialism were dominant in intellectual circles, epitomized by Sidney and Beatrice Webb, and when calls for the central planning of scientific research were made by such as J.D. Bernal, Polanyi exposed their errors and showed that science can flourish only in a free society.More radically than even von Mises and Hayek, Polanyi showed that an industrial economy can operate only polycentrically, that central planning is logically impossible, and that what was called by that name in the Soviet Union was in reality no such thing. Likewise, scientific research can proceed, not by a central plan, but only by the spontaneous self-adjustment of separate initiatives to discover a common reality. Against the positivism dominant within philosophy of science, he argued that the notion of reality must be restored and made central. Yet physical sciences, he also argued, are only one branch of science, and the sciences of life and mind are logically richer and more complex and cannot be reduced to the former, nor mind to body or to computers, nor art to its ph
Book Synopsis Humanity and Nature in Economic Thought by : Gábor Bíró
Download or read book Humanity and Nature in Economic Thought written by Gábor Bíró and published by Routledge. This book was released on 2021-11-29 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy argues that organic elements seen as incompatible with rational homo economicus have been left out of, or downplayed in, mainstream histories of economic thought. The chapters show that organic aspects (that is, aspects related to sensitive, cognitive or social human qualities) were present in the economic ideas of a wide range of important thinkers including Hume, Smith, Malthus, Mill, Marshall, Keynes, Hayek and the Polanyi brothers. Moreover, the contributors to this thought-provoking volume reveal in turn that these aspects were crucial to how these key figures thought about the economy. This stimulating collection of essays will be of interest to advanced students and scholars of the history of economic thought, economic philosophy, heterodox economics, moral philosophy and intellectual history.
Book Synopsis Freedom, Authority and Economics: Essays on Michael Polanyi's Politics and Economics by : R. T. Allen
Download or read book Freedom, Authority and Economics: Essays on Michael Polanyi's Politics and Economics written by R. T. Allen and published by Vernon Press. This book was released on 2019-08-05 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume of original contributions deals with the economic and political thought of Michael Polanyi. Requiring little prior knowledge of Polanyi, this volume further develops a somewhat neglected side of Polanyi's work. In particular it examines the 'tacit integration', of subsidiary details into focal objects or actions as central to all knowing and action. It traces ontological counterparts in the structures of comprehensive entities and complex actions, and a multi-level universe in which lower levels have their boundary conditions, the extents to which they apply, determined by those of the next higher level, whilst each possessing its own laws or operative principles. This schema of 'dual control' preserves the reality and relative autonomy of each level, and its interactions with others, against the various reductions. The essays in this volume also employ and develop important additional concepts and distinctions such as: 'corporate' and 'spontaneous' order; 'public' and 'private' liberties; 'general' and 'specific authority'; and 'moral inversion'; which, as the essays show, are necessary for understanding and maintaining a free society and the freedom of institutions within it. Among the topics treated with them are: more of the prerequisites of freedom in public liberties dedicated to principles and transcendent values; totalitarianism and society as spontaneous order; the balance of general and specific authority in society and particular institutions; reductionism, totalitarianism and consumption in consumer societies, as moral inversions; the mutual interactions of economics and politics as distinct and autonomous but interacting levels; the sociological aspects of economics; and Polanyi's own contributions to sociology. Although, as indicated, Polanyi has his special terms, the essays in this volume, like his works, give them meaning with concrete examples and so avoid merely shuffling a mass of abstractions. Together the essays show that his work is a rich seam of ideas and inspiration for yet further extension and application.
Book Synopsis Michael Polanyi and His Generation by : Mary Jo Nye
Download or read book Michael Polanyi and His Generation written by Mary Jo Nye and published by University of Chicago Press. This book was released on 2011-09-16 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Michael Polanyi and His Generation, Mary Jo Nye investigates the role that Michael Polanyi and several of his contemporaries played in the emergence of the social turn in the philosophy of science. This turn involved seeing science as a socially based enterprise that does not rely on empiricism and reason alone but on social communities, behavioral norms, and personal commitments. Nye argues that the roots of the social turn are to be found in the scientific culture and political events of Europe in the 1930s, when scientific intellectuals struggled to defend the universal status of scientific knowledge and to justify public support for science in an era of economic catastrophe, Stalinism and Fascism, and increased demands for applications of science to industry and social welfare. At the center of this struggle was Polanyi, who Nye contends was one of the first advocates of this new conception of science. Nye reconstructs Polanyi’s scientific and political milieus in Budapest, Berlin, and Manchester from the 1910s to the 1950s and explains how he and other natural scientists and social scientists of his generation—including J. D. Bernal, Ludwik Fleck, Karl Mannheim, and Robert K. Merton—and the next, such as Thomas Kuhn, forged a politically charged philosophy of science, one that newly emphasized the social construction of science.
Book Synopsis Freedom, Authority and Economics by : Klaus Allerbeck
Download or read book Freedom, Authority and Economics written by Klaus Allerbeck and published by Vernon Press. This book was released on 2017-03-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume deal with the economic and political thought of Michael Polanyi. Requiring little prior knowledge of Polanyi, the essays in this volume further develop a somewhat neglected side of Polanyi's work. In particular it examines the 'tacit integration', of subsidiary details into focal objects or actions as central to all knowing and action. The essays in this volume trace ontological counterparts in the structures of comprehensive entities and complex actions, and a multi-level universe in which lower levels have their boundary conditions, the extents to which they apply, determined by those of the next higher level, whilst each possessing its own laws or operative principles. This schema of 'dual control' preserves the reality and relative autonomy of each level, and its interactions with others, against the various reductions. The essays in this volume also employ and develop important further concepts and distinctions such as: 'corporate' and 'spontaneous' order; 'public' and 'private' liberties; 'general' and 'specific authority'; and 'moral inversion'; which, as the essays show, are necessary for understanding and maintaining a free society and the freedom of institutions within it. Among the topics treated with them are: more of the prerequisites of freedom in public liberties dedicated to principles and transcendent values; totalitarianism and society as spontaneous order; the balance of general and specific authority in society and particular institutions; reductionism, totalitarianism and consumption in consumer societies, as moral inversions; the mutual interactions of economics and politics as distinct and autonomous but interacting levels; the sociological aspects of economics; and Polanyi's own contributions to sociology. Although, as indicated, Polanyi has his special terms, the essays in this volume, like his works, give them meaning with concrete examples and so avoid merely shuffling a mass of abstractions. Together the essays show that his work is a rich seam of ideas and inspiration for yet further extension and application.
Book Synopsis Personal Knowledge by : Michael Polanyi
Download or read book Personal Knowledge written by Michael Polanyi and published by Routledge. This book was released on 2012-06-25 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2012. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis Emotion, Reason, and Tradition by : Struan Jacobs
Download or read book Emotion, Reason, and Tradition written by Struan Jacobs and published by Routledge. This book was released on 2005 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of essays on the non-scientific work of Michael Polanyi which place particular emphasis on his social, political and economic thought.
Book Synopsis The Power of Market Fundamentalism by : Fred Block
Download or read book The Power of Market Fundamentalism written by Fred Block and published by Harvard University Press. This book was released on 2014-04 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is it about free-market ideas that gives them staying power in the face of such failures as persistent unemployment, widening inequality, and financial crises? The Power of Market Fundamentalism extends economist Karl Polanyi's work to explain why these dangerous utopian ideas have become the dominant economic ideology of our time.
Book Synopsis The Effortless Economy of Science? by : Philip Mirowski
Download or read book The Effortless Economy of Science? written by Philip Mirowski and published by Duke University Press. This book was released on 2004 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of essays by the author that reveals the value for science studies of examples arising within the history of economics.
Book Synopsis Science, Faith and Society by : Michael Polanyi
Download or read book Science, Faith and Society written by Michael Polanyi and published by University of Chicago Press. This book was released on 2013-01-07 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its concern with science as an essentially human enterprise, Science, Faith and Society makes an original and challenging contribution to the philosophy of science. On its appearance in 1946 the book quickly became the focus of controversy. Polanyi aims to show that science must be understood as a community of inquirers held together by a common faith; science, he argues, is not the use of "scientific method" but rather consists in a discipline imposed by scientists on themselves in the interests of discovering an objective, impersonal truth. That such truth exists and can be found is part of the scientists' faith. Polanyi maintains that both authoritarianism and scepticism, attacking this faith, are attacking science itself.
Book Synopsis The Great Transformation by : Karl Polanyi
Download or read book The Great Transformation written by Karl Polanyi and published by Random House. This book was released on 2024-06-20 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘One of the most powerful books in the social sciences ever written. ... A must-read’ Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect ‘Polanyi’s revolutionary work is a must-read’ Mariana Mazzucato Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi’s hugely influential work is a passionate call to protect our common humanity. ‘Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative’ Guardian ‘Polanyi exposes the myth of the free market’ Joseph E. Stiglitz With a new introduction by Gareth Dale
Book Synopsis The Ancient Economy by : Moses I. Finley
Download or read book The Ancient Economy written by Moses I. Finley and published by Univ of California Press. This book was released on 1973 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Ancient Economy holds pride of place among the handful of genuinely influential works of ancient history. This is Finley at the height of his remarkable powers and in his finest role as historical iconoclast and intellectual provocateur. It should be required reading for every student of pre-modern modes of production, exchange, and consumption."--Josiah Ober, author of Political Dissent in Democratic Athens
Book Synopsis The Tacit Dimension by : Michael Polanyi
Download or read book The Tacit Dimension written by Michael Polanyi and published by University of Chicago Press. This book was released on 2009-05 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Tacit Dimension" argues that tacit knowledge -tradition, inherited practices, implied values, and prejudgments- is a crucial part of scientific knowledge. This volume challenges the assumption that skepticism, rather than established belief, lies at the heart of scientific discovery.
Book Synopsis Great Transformations by : Mark Blyth
Download or read book Great Transformations written by Mark Blyth and published by Cambridge University Press. This book was released on 2002-09-16 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book picks up where Karl Polanyi's study of economic and political change left off. Building upon Polanyi's conception of the double movement, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s. Blyth views both sets of changes as part of the same dynamic. In the 1930s labor reacted against the exigencies of the market and demanded state action to mitigate the market's effects by 'embedding liberalism.' In the 1970s, those who benefited least from such 'embedding' institutions, namely business, reacted against these constraints and sought to overturn that institutional order. Blyth demonstrates the critical role economic ideas played in making institutional change possible. Great Transformations rethinks the relationship between uncertainty, ideas, and interests, achieving profound new insights on how, and under what conditions, institutional change takes place.
