After years of relative obscurity, Karl Polanyi’s 1944 book, The Great Transformation, is increasingly recognized as one of the major works of twentieth-century social science. It is an indispensable reference in current debates about globalization and it has achieved the status of a canonical work for economic sociology and international political economy. Even in the ¢eld of economics that long ignored Polanyi’s powerful critique of market self-regulation,his ideas have gained renewed consideration and respect.