Sample Question for Final:
The Great Transformation describes a battle between two different ways of organizing political, economic, and social affairs, and the conquest of the market society over traditional society.
1. Describe THREE key differences between traditional societies and market societies.
2. Illustrate, with reference to real life examples. the battle between values of a market society, and traditional values, that you see going on around you in Pakistan.
Summary of Karl Polanyi's Great Transformation - Post on WEA Pedagogy Blog, with link to 28m Video Lecture
HipCrime Summary of TGT - Background -- redistribution, reciprocity, householding -- development of self-regulating markets and their effects.
Chapter by Chapter Summary of Polanyi TGT - Good overview of entire book.