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Great Transformations
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  • Cited by 638
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    This book has been cited by the following publications. This list is generated based on data provided by CrossRef.

    McCashin, Anthony 2019. Continuity and Change in the Welfare State. p. 183.

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    London, Jonathan D. 2018. Welfare and Inequality in Marketizing East Asia. p. 83.

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    Vormann, Boris 2018. When private vice hurts public virtue: of blind men, elephants and the politics of market failure. Economy and Society, Vol. 47, Issue. 4, p. 607.

    Neep, Daniel 2018. Narrating Crisis, Constructing Policy: Economic Ideas and Institutional Change in Syria. New Political Economy, Vol. 23, Issue. 4, p. 495.

    Fetzer, Thomas and Gilgrist, James 2018. The ambiguous personality of the European economy. Territory, Politics, Governance, p. 1.

    Eagleton-Pierce, Matthew 2018. Professionalizing Protest: Scientific Capital and Advocacy in Trade Politics. International Political Sociology, Vol. 12, Issue. 3, p. 233.

    Shenai, Neil 2018. Social Finance. p. 29.

    Díez Medrano, Juan 2018. Beliefs and trade union support for trade liberalisation in the US and the UK: the AFL-CIO and the TUC compared. Journal of International Relations and Development, Vol. 21, Issue. 3, p. 769.

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Book description

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.


‘Great Transformations is a significant book in at least two ways. First, it extends academic debate about the causes of change in wealthy capitalist countries in important ways … Second, and more important, Great Transformations dissects profound changes in the state that leave many millions of individuals much more vulnerable … Those hostile to granting ideas a role in political explanation will have to engage with Blyth’s framework, the mark of an important scholarly work.’

Source: West European Politics

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