Karl Polanyi (1886-1964) is a well-known economic historian and anthropologist of Hungarian descent, the author of the “Great Transformation,” and also one of the key figures who have had significant influence on the evolution of European social democracy.
Polanyi’s contribution to the European tradition of social democracy mostly stems from his nuanced understanding of “freedom in a complex society.” Polanyi’s understanding refers to accepting the reality of society to remove injustice and lack (...)
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