The substantivists: Polanyi

Karl Polanyi (1886-1964) was a Hungarian lawyer turned journalist and economic historian who's reading of anthropology, especially the work of Bronislaw Malinowski and Richard Thurnwald, led him to produce work that made major contributions to economic anthropology, classical Greek studies and post-Soviet eastern European social policy (Polanyi, 1936, 1944). Polanyi attempts to explain the causes of great depression and the fascism of the 1930s and 1940s (Goldfrank, 1990). His larger aim was to lay the groundwork for a general theory of comparative economics that would accommodate all economies; past and present (see Polanyi 1957; Halperin 1988, 1994a; Stanfield 1986, 1990).

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