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Karl Polanyi - The mechanism of the market was...

The mechanism of the market was asserting itself and clamoring for its completion: human labor had to be made a commodity. Reactionary paternalism had in vain tried to resist this necessity. Out of the horrors of Speenhamland men rushed blindly for the shelter of a utopian market economy. (Karl Polanyi)

The mechanism of the market was asserting itself and clamoring for its completion: human labor had to be made a commodity. Reactionary paternalism had in vain tried to resist this necessity. Out of the horrors of Speenhamland men rushed blindly for the shelter of a utopian market economy.

Karl Polanyi

Related topics

asserting clamoring commodity completion economy human men labor market mechanism necessity paternalism reactionary resist shelter try utopian vain

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