Our thesis is that the idea of a self-adjusting market implied a stark utopia. Such an institution could not exist for any length of time without annihilating the human and natural substance of society; it would have physically destroyed man and transformed his surroundings into a wilderness.
To allow the market mechanism to be the sole director of the fate of human beings and their natural environment....would result in the demolition of … - Karl Polanyi
To allow the market mechanism to be the sole director of the fate of human beings and their natural environment....would result in the demolition of …
- Karl Polanyi
Our thesis is that the idea of a self-adjusting market implied a stark utopia. Such an institution could not exist for any length of time without ann… - Karl Polanyi
Our thesis is that the idea of a self-adjusting market implied a stark utopia. Such an institution could not exist for any length of time without ann…
Enclosures have been appropriately called a revolution of the rich against the poor. - Karl Polanyi
Enclosures have been appropriately called a revolution of the rich against the poor.
There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as … - Karl Polanyi
There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as …
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