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The Karl Polanyi Project

Because We Are All Polanyian Now

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October 26, 2020

The history of markets: lessons from the past for the future

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The Polanyi Library

‘The end of market society means in no way the absence of markets. These continue, in various fashions, to ensure the freedom of the consumer, to indicate the shifting of demand, to influence producers' income, and to serve as an instrument of accountancy, while ceasing altogether to be an organ of economic self-regulation.’

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