Great Transformations Economic Ideas and Institutional Change in the Twentieth Century

ISBN-10: 0521010527

ISBN-13: 9780521010528

Edition: 2002

Authors: Mark Blyth
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Description: This book picks up where Karl Polanyi's study of economic and political change left off. Building upon Polanyi's conception of the double movement, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s. Blyth views both sets of changes as part of the same dynamic. In the 1930s labor reacted against the exigencies of the market and demanded state action to mitigate the market's effects by 'embedding liberalism.' In the 1970s, those who benefited least from such 'embedding' institutions, namely business, reacted against these constraints and sought to overturn that institutional order. Blyth demonstrates the critical role economic ideas played in making institutional change possible. Great Transformations rethinks the relationship between uncertainty, ideas, and interests, achieving profound new insights on how, and under what conditions, institutional change takes place.

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Book details

Copyright year: 2002
Publisher: Cambridge University Press
Publication date: 9/16/2002
Binding: Paperback
Pages: 298
Size: 6.00" wide x 8.75" long x 0.75" tall
Weight: 1.144
Language: English

Preface
Acknowledgments
Theory
Karl Polanyi and Institutional Change
A Theory of Institutional Change
Cases
Building American Embedded Liberalism
Building Swedish Embedded Liberalism
Disembedding Liberalism: Ideas to Break a Bargain
Disembedding Liberalism in the United States
Disembedding Liberalism in Sweden
Conclusions
Conclusions
Index
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