Antonino Palumbo and Alan Scott (2018): Remaking Market Society: A Critique of Social Theory and Political Economy in Neoliberal Times

London: Routledge. 236 pages, € 98.61
  • Karl M. BeyerEmail author

The work of the Hungarian economic historian Karl Polanyi is experiencing growing attention within social sciences, inspiring scholars from different disciplines like history, political science, sociology and economics. Especially his prominent institutionalist account on the rise and fall of the market society in the 19th century and the first third of the 20th century, exposed in his seminal book “The Great Transformation” (Polanyi 2001[1944]), is under close review. A work which is believed to provide valuable insights for the understanding of contemporary neoliberal social change (e. g. Block and Somers 2014) and economic crises (e. g. Seccareccia and Correa 2017).

In their book “Remaking Market Society: A Critique of Social Theory and Political Economy in Neoliberal Times” Antonino Palumbo and Alan Scott contribute to this interdisciplinary engagement with Polanyian ideas from a political sociology point of view. On a theoretical level, the authors aim to formulate a powerful...


  1. Block, Fred L., and Margaret R. Somers. 2014. The power of market fundamentalism: Karl Polanyi’s critique. Cambridge: Harvard University Press.CrossRefGoogle Scholar
  2. Polanyi, Karl. 2001. The great transformation. The political and economic origins of our time. Boston: Beacon Press. [1944].Google Scholar
  3. Seccareccia, Mario, and Eugenia Correa. 2017. Supra-national money and the Euro crisis: Lessons from Karl Polanyi. Forum for Social Economics 3:252–274. Scholar

Copyright information

© Österreichische Gesellschaft für Soziologie 2019

Authors and Affiliations

  1. 1.Institute for Comprehensive Analysis of the EconomyJohannes Kepler University LinzLinzAustria

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