Top 4 Quotes & Sayings by Karl Polanyi

Explore popular quotes and sayings by a Hungarian historian Karl Polanyi.

Last updated on December 19, 2024.

Karl Paul Polanyi, also known as Yanya, was an Austro-Hungarian economic historian, economic anthropologist, economic sociologist, political economist, historical sociologist and social philosopher.

Hungarian - Historian | October 25, 1886 - April 23, 1964

Source: Wikipedia

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 society.

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 cotton manufactures were created by the help of protective tariffs, export bounties, and indirect wage subsidies, laissez-faire was enforced by the state.

Karl Polanyi

Enclosures have been appropriately called a revolution of the rich against the poor.

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 annihilating the human and natural substance of society; it would have physically destroyed man and transformed his surroundings into a wilderness.

Karl Polanyi

Top 4 Quotes & Sayings by Karl Polanyi

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