Economic growth at expense of social cohesion from "summary" of The Great Transformation by Karl Polanyi
The idea that economic growth might be achieved at the expense of social cohesion is a central concern in understanding the workings of modern market economies. In the pursuit of economic progress, societies often prioritize the accumulation of wealth and the expansion of markets, sometimes neglecting the social bonds that hold communities together. As individuals and institutions strive to maximize their economic gains, relationships based on trust, reciprocity, and shared values can be weakened or even destroyed. This tension between economic advancement and social cohesion is a recurring theme in the history of capitalism. The drive for profit and efficiency can lead to the commodification of human relationships and the erosion of traditional norms and practices. In the relentless pursuit of growth, people may find themselves isolated, alienate...Similar Posts
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