Neoliberalism was a setback that current reform proposals don't recuperate.
On 11/20/10 4:28 PM, Michael Pollak wrote:
>
> On Sat, 20 Nov 2010, C. G. Estabrook wrote:
>
>> In /The Great Transformation/ (1944) Karl Polanyi charted the social and
>> political upheavals that took place in England during the rise of the market
>> economy. He argued that the modern market economy and the modern nation-state
>> should be understood not as discrete elements, but as the single human
>> invention that he called the "market society." He sees its effects as overall
>> deleterious, and - while approving of the existence of markets within a
>> society - excoriates the transformation of the society into a market.
>>
>> Today the most our current advanced thinkers - like Hutton - seem to be able
>> to do is to advise that we ameliorate its effects. --CGE
>
> Um, isn't that basically the same as Polyani's politics? Social market
> economics a la the Freiburg school?
>
> Michael
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