Category Archives: Events

Board of the International Karl Polanyi Society

Foundation of the International Karl Polanyi Society (IKPS)

In recent years, there has been a Karl Polanyi (1886-1964) revival. Scholars all over the world are referring to his masterpiece The Great Transformation to understand and explain the development and changes of contemporary capitalism, of market fundamentalism and the rise of new reactionary forms of authoritarianism. Karl Polanyi promoted an integrated analysis of complex, conflict-laden phenomena that did not resort to dogma. Engagement with and criticism of his concepts and predictions have inspired new research fields – be it in transformation studies, socioeconomics or cultural political economy.

The International Karl Polanyi Society – founded May 8, 2018, in Vienna – will take up this intellectual legacy as well as the huge international interest. It will aim at promoting and broadening the research inspired by Karl Polanyi to understand the contradictions inherent in contemporary capitalism. In the age of the climate crisis, rising illiberal democracies, social polarization and looming geopolitical confrontation, his writings inspire us to engage with the multiple contradictions of economic growth and technological progress (“improvements”) on the one hand and threats to ecological sustainability and sociocultural well-being (“habitation”) on the other.


Presentations at the event:

Kari Polanyi Levitt: A West Indian from Eastern Europe

Development Lecture ÖFSE – Austrian Research Foundation for International Development 

Kari Polanyi Levitt, renowned Canadian development economist and daughter of Karl Polanyi, visited Vienna to participate at the foundation of the International Karl Polanyi Society in May 2018. On this occasion, she gave a lecture at the 14th ÖFSE Development Lecture on the challenges for development economics in the age of neoliberal globalization. Kari Polanyi Levitt received an award for her lifetime achievements by the City of Vienna. 

Watch a recording of the whole lecture here:

Kari Polanyi was born in Vienna, where she spent most of her childhood. Her father went into exile in 1933, Kari in 1934 and her mother Ilona, an anti-fascist activist, in 1936. Many central-european intellectuals followed them into exile to Great Britain. Once arrived, they quickly became part of an innovative milieu of expatriates and the british elite, who not only changed economics through the Keynesian Revolution, but also did an important job on development politics.

Read the opening speech, held by Andreas Novy, here: