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What is the name of Polanyi's famous book?

  • The Little Transformation

  • The Great Gatsby

  • The Great Transformation

  • War and Peace

Answer

The Great Transformation (1944) is Karl Polanyi's best known book. It is considered one of the foundation texts of economic sociology, and is still widely cited by historians and sociologists. The book argues that the modern market economy is a recent development, and that for most of human history, economies were embedded in social and cultural institutions.
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