Post by: Asad Zaman

EconoFiction

Polanyi’s six points

20 Feb , 2018  

The analysis of Polanyi’s Great Transformation can be summarized in the six points listed below.

1: All societies face the economic task of producing and providing for all members of society. Modern market societies are unique in assigning this responsibility to the marketplace, thereby creating entitlements to production for those ...

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