January 23 – Societies and Economic Systems
Hello everyone, I hope you are having a great start to the week. Here is the plan for class.
1 – Introduction and check-in
2 – Reminder about student-led seminars
3 – Discussion about The Great Transformation
- Summarize the chapters
- What does Polanyi say about the development of markets?
- What does Polanyi say about reciprocity, redistribution and households?
- What does Polanyi say about autocracy, centrality and symmetry?
- What does Polanyi say about the development of market patterns?
- What does Polanyi say about the development of local and international trade in creating market societies?
- What are fictitious commodities? Why are these commodities fictitious?
- Can markets self-regulate?
- What does Polanyi say about classical economists?