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A Neo-Polanyian Theory of Economic Crises

Datos Bibliográficos

ID2819002
AutoresF Block (0000-0003-3170-074X, Johnson Matthey (Germany), autor de correspondencia)
Año2015
Volumen74
Número2
Páginas361-378
Fecha de publicación2015-03-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaAmerican Journal of Economics and Sociology (JOURNAL)
Identificadores de la revistaISSN: 0002-9246 • E-ISSN: 1536-7150
EditorialWiley (PUBLISHER • GB)
DOI10.1111/ajes.12095
OpenAlexW2148249821
IdiomaEN
Citas recibidas1
Referencias citadas13

This article seeks to use Karl Polanyi's book, The Great Transformation, first published in 1944, to understand the global financial crisis that began in 2008. Polanyi's basic premise was that a great crisis must result from powerful causes. He argued that the crisis of the 1930s was a consequence of three distinct processes: deep imbalances in the global trading system, a crisis within the global financial mechanism that was supposed to manage those imbalances, and a failure of adaptation in the world's leading economy, the United States. The same processes can be seen at work in the last decade

Economics · Economy · Epistemology · Financial crisis · Keynesian economics · Political economy · Political science · Premise · Economic Theory and Policy · Political Economy and Marxism · World Systems and Global Transformations

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Obras citantes distintas1
Citas por año0,1
Intervalo de citas2016 - 2016 (1)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 1
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