Market expansion threatens livelihoods from "summary" of The Great Transformation by Karl Polanyi
Karl Polanyi explores the intricate relationship between market expansion and its impact on people's livelihoods in his seminal work, 'The Great Transformation'. He argues that the relentless pursuit of market growth poses a significant threat to individuals' ability to sustain themselves and their communities. As markets expand and commodify various aspects of human life, they often encroach upon traditional livelihoods and modes of subsistence. This encroachment can destabilize local economies and social structures, leading to widespread dislocation and hardship for those who are unable to compete in the newly formed marketplace. Moreover, the co...
Similar Posts
Institutional change is difficult but not impossible
Institutional change is a formidable challenge, as it involves altering established norms, rules, and practices that have often...
Individuals have the power to create change
Throughout these confessions, it becomes abundantly clear that people, individuals like you and me, possess a tremendous amount...
Environmental damage leads to resource depletion
Environmental damage is a serious issue that can have far-reaching consequences. When human activities harm the natural environ...
Human kindness offers a ray of hope in the darkness
In Annawadi, a slum nestled in the shadows of luxury hotels near the Mumbai airport, darkness is a constant presence. It is not...
Substantive change requires a redistribution of power and resources
To truly bring about meaningful change, there must be a fundamental shift in the distribution of power and resources within soc...