Whither Capitalism?

More about the book

Focusing on the profound implications of globalization, the book explores Polanyi's three socioeconomic principles: exchange, reciprocity, and redistribution. It offers a coherent theoretical framework for understanding the evolution of market and capitalist economies, particularly how commodification has progressed through Marx's concept of the market's integration into community and state structures. This analysis provides a deep insight into the interconnectedness of economic systems and societal dynamics in the context of globalization.