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Title Fragments of texts – Economy and society
Author  Polanyi, Karl
Description File contains Karl Polanyi’s hand-written and typed fragments of texts on economy and society, and economy in underdeveloped areas. Also included in the file are notes by Harry Pearson sent to Karl Polanyi. The notes are in English.
URI http://hdl.handle.net/10694/791
Date 2010-09-10

Contents

Page [1957]

[1] The concept of the economy and underdeveloped areas.

ad §: The doctrinal groundings argument of the underdeveloped (unenturked) areas that possess no mandat systematization. Since 1957 a conceptual system was developed by Karl Polanyi and associated at Columbia University. It starts from the two meanings of economic and leads up to a minimum definition of the economy which claims to be applicable to all the social sciences that touch upon the economy and its place in society. Comprehensive theoretical and empirical efforts were made to establish the mean substantive and institutional approach in the sub-disciplines of anthropology, sociology, economic and history. Important contributions were made by Harry W. Pearson and Walter C. Neale, economics; Terrence K. Hopkins, sociology; Paul Bohannan and C. W. Arensberg, anthropology and A. L. Opphenheim and R. F. G. Sweet, assyriology.

A detailed bibliography is provided.

Page a

[2] The discovery: atomistic individualism - the situation of man with Owen it was the discovery of society […] Rousseau […]

Hobbes: a control social should be …

Adam Smith : […]

Page b

[4] The word economy is there used in two different senses, as Menger was the first to joint out with _____ emphasis. It may ____ fault that the passage ______ not knows to him since it has never yet been translated into English, ______ we will return presently.

On the other hand it might be that ___ _______ was copying ____ Menger's “two aspects of the economy, which indeed have “everything in common” since it is one and the same economy which can be looked upon once, once as an aggregate of objects, once as a group of persons dealing with those objects.[…] sphere of material livelihood whether or not …

Page c

[6] The process of rationalization that pervaded Western culture.

It has been said - Max Weber devoted his genius to this thesis - that the Western culture common source was the rise of science, technology and economic organization. Their separate emergences were then [7]

Page d

[8] Always a {meshausur} automatically enhanced rational to the pitch of was established which action irrational excess.

The poursuit of knowledge was absolutized … [9]

[10] It has been said - Max Weber devoted his genius to this thesis - that the use of man's reason explains those modern {products} - science, technology and economic organization. It might then indeed be that within a century then emergence was not formations, and that their eventual fusion in the industrial revolution was certainly not … force of man's rationality that was here asserting itself against superstition and irrational custom. That may well be so; it seems both to explain the spectacular success attained by the modern mind in the real world and attribute our ills of the inevitable consequences of those successes themselves: too much science, too much technology, too vast economic organization. This may be fair dialectics, but hardly shows up the way how things happen. Actually our rational drives were allowed [12][1] to develop into passions governed and stimulated beyond all rational ends by some instituted mechanisms, which alone accounts for the dialectical miracle of reason turning into unreason all along the time. […]

[13] Max [14]

Page e

[15]

Page f

[16] [17]

Harry Pearson fragments of texts

[18] The conventional view of ecy-polity:

In the conventional view the ecoy is a private realm, the polity public. The ecly is the sphere in which individuals go about the business of life, providing themselves with the means of existence. The polity is the sphere in which decisions are mude regarding the collectivity.

Supported by economist's view - positive economics - based on means-end distinction with “economic” action involving the neutral adaptation of means to ends. Thus the economy is viewed as a value-neutral analyst.

The political scientist sees himself as concerned with the use of power to achieve collective ends.

Actually the economy is a social political order unto itself, a distinctive way of ordering the relations between men in a wide variety of situations. As such it is a rival to the polity. It provides its own self generating set of rules and powers. This with fact that its values pervade the society has had fateful implications for the polity. It is in the nature of the market economy that the ends of life appear as means; all as means to end which is making money. Aristotle was first to perceive the effects of this on the polity: “every art is turned to money making”. It is these arts which are the ends the primary values of the liberal polity.

[…] => [25]

Other fragment

[25] => [28]

Editor's Notes

  1. Page 11 is a copy of 10.