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The Methodology of Polanyi’s Great Transformation

Summary:
CUrrent economic methodology is based on positivist ideas and is seriously flawed. An alternative is presented by Polanyi. Social Science theories are based on analysis of human experience and must be understood within historical context. Drivers of history are collective action by groups. The political, economic, social and environmental spheres of our human existence are ...

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CUrrent economic methodology is based on positivist ideas and is seriously flawed. An alternative is presented by Polanyi. Social Science theories are based on analysis of human experience and must be understood within historical context. Drivers of history are collective action by groups. The political, economic, social and environmental spheres of our human existence are closely interlinked and cannot be studied in isolation.


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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