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== Table of Contents ==
== Table of Contents ==
== Contents ==
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| 60-64
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| [[From (29 February 1960)]]
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| [[From George Dalton (2 June 1961)]]
| 1961.06.02
| 1961.06.02
| 74-78
| 70
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| [[From Nathan Keyfitz (2 June 1961)]] (Disembedding the Economy)
| 1961.06.02
| 73-78
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| [[To George Dalton (18 June 1961)]]
| 1961.06.18
| 89-98
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| [[From George Dalton (22 July 1961)]]
| 1961.06.18
| 118-121
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=== To George Dalton (28 May 1961) ===
{{Page |n°=60}} Your defense of redistribution as a sort of exchange is <u>not</u> only catallactic, but the Benthamite variant of it: utilitarian. Such an undisciplined use of the terms would demolish the advances of <u>most of modern anthropology</u>. Middle 19th century fantaisies of atomistic individualism as the foundation of political science would be restored with a vengeance.
=== Disembedding the Economy [02 June] ===
{{Page |n°=74}} People who are 'uncivilized', whether their culture is rich or poor, do not typically separate their lives into work, religion, play, education and the other  segments that we recognize.
[…]
Once institutions which have this single purpose have come into existence, then the individuals participating can apply rationality in their behavior in relation to the institutions. If it is known that there is a difference in price between two markets, then the individual can weight in his mind the trouble of taking his contents to the further one against the higher price that he will receive. This is a primitive kind of rationality of course, but it can lead to more elaborate kinds {{Page |n°=75}} of calculation in actual numbers, obtainable when in prices have been set ont the various components, including the time of the person, and including by extension into cost accounting, on those intermediate products that do not pass immediately through the market.
[…]
{{Page |n°=76}}
{{Page |n°=78}} …(such as those people for whom Weber said 'The churches are open') the lost innocence is irretrievable.
[…]
And this applies as much to planned as to free economies; in fact the distinction between these two does not appear to be fundamental. Both operate through organizations which are bureaucratic; they involve people working in definite slots, according to impersonal rules, and a rational awareness in the making of decisions both at the highest level, where they concern the product that the institutions as a whole will turn out, and at the level of implementation where the foreman is directing his men on the job. The elements of the accounting seem to be given by the market in the one case; in the other they are apparently arbitrary. But the Soviet decision marker who has calculated with 'wrong' prices will find his mistake when the goods do not move, and in practice there is no question that he will quickly make the necessary adjustment. The process in both goes to the point where one can weight the economic  against other elements. One could build a factory in the countryside, perhaps more easily in a socialist system than in a capitalist one, but in both cases one would want to know the cost of the attainment of the non-economic ideal of the open air.

Latest revision as of 15:01, 29 May 2019

KPI Description

Title Correspondence: Karl Polanyi, May-August, 1961
Author Polanyi, Karl
Description File contains typed and hand-written correspondence with graduate students, publishers, friends, and colleagues including Paul Meadow, Paul Bohannan, Walter C. Neale, George Dalton, Harry W. Pearson, Rudolf Schlesinger, and others. The correspondence is in English and Hungarian, dated May to August 1961. The file also contains a draft on “Disembedding the Economy” by Nathan Keyfitz.
URI http://hdl.handle.net/10694/190
Date 1961

Table of Contents

Letter Date Page
To George Dalton (28 May 1961) 1961.05.28 60-64
From George Dalton (2 June 1961) 1961.06.02 70
From Nathan Keyfitz (2 June 1961) (Disembedding the Economy) 1961.06.02 73-78
To George Dalton (18 June 1961) 1961.06.18 89-98
From George Dalton (22 July 1961) 1961.06.18 118-121