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Book
Author Blyth, Mark, 1967-

Title Great transformations : economic ideas and institutional change in the twentieth century / Mark Blyth
Published Cambridge ; New York : Cambridge University Press, [2002]
New York : Cambridge University Press, 2002
©2002

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Location Call no. Vol. Availability
 MELB  320.51309485 Polany Bly/Gte  DUE 03-05-24
Description xii, 284 pages ; 24 cm
Contents Karl Polanyi and institutional change -- A theory of institutional change -- 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
Summary 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
Bibliography Includes bibliographical references and index
Subject Polanyi, Karl, 1886-1964.
Liberalism -- United States -- History -- 20th century.
Liberalism -- Sweden -- History -- 20th century.
Economic history -- 20th century.
Social history -- 20th century.
LC no. 2002067685
ISBN 0521811767
9780521811767
0521010527
9780521010528
Other Titles Economic ideas and institutional change in the 20h century