Outline for a revision of The Great transformation (1954)
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- I The Market Economy
- 1. What it is and does – a theoretical model
- Prices as the governing element
- Analogy of the thermostat, the automatic governor
- 2. Commodities, real and fictitious
- 3. Motives
- 1. What it is and does – a theoretical model
- II Contrast
- 1. Primitive economies, examples, motives
- 2. Mercantilism, single markets
- 3. The economy embedded in society
- 4. A substantive approach
- III The Rise of Market Economy
- 1. Early history, the machine and the Industrial Revolution
- 2. Labour
- 3. Land
- 4. Money, prices
- 5. Gold standard and the international archway
- IV The Origins of Economic Theory
- 1. The two meanings of economic
- 2. The classical school
- 3. Marxism
- V The Reality of Society
- 1. Economic liberalism, philosophy and conspiracy
- 2. Rates of change. Impact on primitive societies
- 3. Robert Owen and the critique of market economy
- VI The Double Movement
- 1. Man
- 2. Nature
- 3. Productive Organization
- VII Breakdown and Emerging Adjustment
- 1. Nineteenth century civilization, 4 institutions.
- 2. Short history to 1933
- 3. Fascism
- 4. Russia
- 5. The New Deal
- VIII The Human Perspective
- 1. America in the Post-war period
- 2. Re-embedding the economy in non-economic institutions:
- The trade union
- The corporation
- The government
- 3. The significance of functional finance
- 4. Relativizing the market and freedom from economics”
- 5. Freedom and peace: from Economics to Politics.