Emancipation in the Neoliberal Era:

Rethinking Transition with Karl Polanyi

Dirk Holemans

The economic historian Karl Polanyi charted the development of market society. Moving beyond a simple opposition between the state and the market, his seminal The Great Transformation explained how a centuries-long dialectical relationship between the two shaped modern Western Europe. Today, transition and transformation are again the order of the day. After 40 years of neoliberalism tearing at the social fabric, what form will the 21st-century counter-movement take?

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