5 quotes
Such economic solipsism, as it might well be called, was indeed an outstanding feature of the market mentality. Economic action, it was deemed, was "natural" to men and was, therefore, self-explanatory.
The Livelihood of Man (1977)
The economy as an instituted process of interaction serving the satisfaction of material wants forms a vital part of every human community. Without an economy in this sense, no society could exist for any length of time.
The Livelihood of Man (1977)
The nineteenth century gave birth to two sets of events of a very different order of magnitude: the machine age, a development of millennial range; and the market system, an initial adjustment to that development.
The Livelihood of Man (1977)
As a general conclusion, it can be stated that the production and distribution of material goods was embedded in social relations of a noneconomic kind. No institutionally separate economic system—no network of economic institutions—could be said to exist.
The Livelihood of Man (1977)
The history of mankind and the place of the economy in it, is not, as the evolutionists would have it, an account of unconscious growth and organic continuity. Such an approach would necessarily obscure some aspects of economic development vital to men in the present phase of transition. For the dogma of organic continuity must, in the last resort, weaken man's power of shaping his own history.
The Livelihood of Man (1977)