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Boundaries of the State In Us History$
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James T. Sparrow, William J. Novak, and Stephen W. Sawyer

Print publication date: 2015

Print ISBN-13: 9780226277646

Published to Chicago Scholarship Online: May 2016

DOI: 10.7208/chicago/9780226277813.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 30 July 2021

The Great Transformation: The State and the Market in the Postwar World

The Great Transformation: The State and the Market in the Postwar World

Chapter:
(p.127) Five The Great Transformation: The State and the Market in the Postwar World
Source:
Boundaries of the State In Us History
Author(s):

Jason Scott Smith

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226277813.003.0005

Following the work of Karl Polanyi, this essay explores the interaction of the state and the market in creating the postwar global economy, tracing the persistent influence of New Deal liberalism. Politicians, policy makers, and business people fostered impressive rates of economic growth in many parts of the world, but often at the expense of concerns about social justice, human rights, and the distribution of wealth.

Keywords:   New Deal, postwar, economy, Karl Polanyi, social justice, human rightsMarshall Plan, Bechtel, World Bank, TVA

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