By Stephen G. Rabe
Published: 1982
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Stephen G. Rabe is an esteemed historian and author, recognized for his extensive work on U.S. foreign relations, particularly in the context of Latin America. His notable works include 'The Most Dangerous Area in the World: John F. Kennedy Confronts Cold War Crisis in Latin America,' which explores the intricacies of American policy in the region during the Cold War, and 'The Killing Zone: The United States Wages Cold War in Latin America.' Rabe's writing style is characterized by his meticulous research and engaging narrative, which brings historical events to life and provides insightful analysis of political contexts. He is a professor at the University of Texas at Dallas, where he continues to contribute to the field of history through both teaching and research.
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In 'The Great Transformation,' Karl Polanyi explores the radical shifts in economic and social structures that shaped modern society during the Industrial Revolution. He argues that the rise of the market economy led to profound disruptions in community life and environmental balance. Polanyi challenges the notion of self-regulating markets, revealing the hidden social costs of laissez-faire capitalism. Through historical examples, he illustrates the tension between economy and society, emphasizing the need for protective measures. This thought-provoking work invites readers to reconsider the relationship between markets and social welfare in contemporary life.
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