Outline for a revision of The Great transformation (1954)
- I The Market Economy
- What it is and does – a theoretical model
- Prices as the governing element
- Analogy of the thermostat, the automatic governor
- Commodities, real and fictitious
- Motives
- II Contrast
- Primitive economies, examples, motives
- Mercantilism, single markets
- The economy embedded in society
- A substantive approach
- III The Rise of Market Economy
- Early history, the machine and the Industrial Revolution
- Labour
- Land
- Money, prices
- Gold standard and the international archway
- IV The Origins of Economic Theory
- The two meanings of economic
- The classical school
- Marxism
- V The Reality of Society
- Economic liberalism, philosophy and conspiracy
- Rates of change. Impact on primitive societies
- Robert Owen and the critique of market economy
- VI The Double Movement
- Man
- Nature
- Productive Organization
- VII Breakdown and Emerging Adjustment
- Nineteenth century civilization, 4 institutions.
- Short history to 1933
- Fascism
- Russia
- The New Deal
- VIII The Human Perspective
- America in the Post-war period
- Re-embedding the economy in non-economic institutions:
- The trade union
- The corporation
- The government
- The significance of functional finance
- Relativizing the market and freedom from economics”
- Freedom and peace: from Economics to Politics.
References
Reference:
Date: February 24, 1954
KPA: 38/12