Matthew adds: “The more that I read it, the more I find new things in it. Increasingly, I find at least three different analytical voices that appear within The Great Transformation. There’s Karl Polanyi the anthropologist, who makes some very interesting observations about the nature of modern economic life to show that self-regulating markets are far from being the only form of economic life that’s possible. There’s also the historical Karl Polanyi, where he shows the decisions that were made on a calculated basis across a number of years to produce an international settlement that seemed to prefer market self-regulation over all other forms or potential alternatives of economic life.
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