Exploring Polanyi's lesser-known works as well as The Great Transformation, Baum provides a more complete and nuanced understanding of Polanyi's thought. He examines Polanyi's interpretation of modern economic and social history, clarifies the ethical presuppositions present in Polanyi's work, and addresses how Polanyi's understanding of the relation between ethics and economics touches on many issues relevant to the contemporary debate about the world's economic future. Baum argues that we should look to Polanyi's understanding of modern capitalism to reinstate the social discourse and, in...

Breaking new ground in Polanyi scholarship, Gregory Baum explores the relation between ethics, culture, and economics in Karl Polanyi's writings. He identifies and analyses key concepts of Polanyi's thought and shows how they apply to the contemporary debate on ethics and economics.

Born to a Jewish mother and Protestant father in 1923 Berlin, Gregory Baum has devoted his career to a humanistic approach to Catholicism. In The Oil Has Not Run Dry, Baum shares recollections about his lifelong commitment to theology, his atypical views, and his evolving understanding of the Catholic Church s message. Baum reflects on his groundbreaking work with the Second Vatican Council (1962-65) and how it helped to open the Church to a new understanding of outsiders - one that advocated cooperation with world religions in support of peace and justice and respected secular philosophies...

About the Contributor(s): Jeff Nowers is Adjunct Lecturer in Theology at Trinity College, University of Toronto. Nestor Medina is Assistant Professor of Theology and Culture at Regent University School of Divinity."