The Livelihood of Man

by Karl Polanyi

Studies in Social Discontinuity (1977)

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5 reviews
My favorite quote was:

"utilitarianism...opiate of the comercialized masses."

This book is something of a recap of 'The Great Transformation' as he says idea of stages of development is wrong, hence mkts are not historical progression, but an aberration.

Today is Fri Apr 25 2014, Gregorian Calendar.
Meow Dt: Tuesday, April 24. 12014 H.E. (Holocene Era)
My favorite quote was:

"utilitarianism...opiate of the comercialized masses."

This book is something of a recap of 'The Great Transformation' [b:The Great Transformation: The Political and Economic Origins of Our Time|53981|The Great Transformation The Political and Economic Origins of Our Time|Karl Polanyi|https://d.gr-assets.com/books/1386924633s/53981.jpg|1997401] as he says idea of stages of development is wrong, hence mkts are not historical progression, but an aberration.

Today is Fri Apr 25 2014, Gregorian Calendar.
Meow Dt: Tuesday, April 24. 12014 H.E. (Holocene Era)

(Remaining notes found and posted 16.2.12016HE:
"2006-03-26 22:25:00
Book notes: Polanyi, The Livelihood of Man
(I love this!) "utilitarianism...opiate of the show more comercialized masses."

Recap of 'Great Transformation' -says idea of stages of dev. is wrong, hence mkts not historical progression, but aberration.

Economic Solipsism:
19th c. educated thought only of econ. & that pol. didn't matter. i.e. Spencer 'ind. vs. mil. systems'; mkt pushes out justice and law (we're seeing this today w/globalization...); law/justice/freedom
2 meanings of economic: economizing/economical vs. physical sustainment

Carl Menger Principles 1871 -important distinctions w/'2 economies' lost due to selection...

Scarcity as !, economic man !, Aristotle rejected scarcity. (Aristotle 'Politics'...); oikos and polis == life, not $; unlimited $-seeking is the problem.

lbr other goods in specific way -> econ. prod.
See Walt Whitman's 'Democratic Vistas' (1871)


Kin grps ==econ funct. unless econ. sep. from pol/soc. org.

p.63 -"primative man was strongly averse to barter."
p. 73 soc. disruptions (Babylon & Assyrian empire frced relocations) allowed gain-ban elim.

p. 97 $ uses: 1. val. std/account (counters) 2. store of wealth/value 3. medium of exchange


p. 117/9 diff. kinds of money existed for different status/ranks of people -not interchangeable
p. 120 $ was NOT all-purpose in ancient times; recip and redistr need equivalencies

p. 148 hesiod & amos worried about individualist market -> starvation; tribes redist. so !hunger

iron age ->breakdown of kinship/tribal rel.

agora and polis:
cyrus insulted greek mkts ('cheat each other and forswear themselves'); no mkts in persia

athenian citizens rotated offices filled by lot, no second term until every citizen had held the office

Athenians not eng. in trade: dep. on imported grain; Free Trde England also, but controlled wrld mkt until now; Rome dir. contrld grain to prevent Athenian problem

creation of world grain market by Athens & Alexander, Ptolemy

token (local) $ != external $;
p.260 town of Clazomenae minted iron coins, taxed wealthy citizens & gave the iron coins to wealthy, retiring iron over several years for silver to no income lost (to pay loan to foriegners in silver...)
pottery 'drafts' as temp coin for merchants w/eventual redemption by Timotheus, of Athenian army, told by Polyaenus: 'bore no value beyond the king's domain' but it worked, as king took it for grain, etc.
p. 263 NO INFLATION or devaluing happened.
Dionysius 'sober and temperant' saved Syracuse from Carthage; no good coins forced out for bad...

-----That's not what I've read up to now...
Says nonmkt econs ==recip. redistr. mtehods; Unlike Africa, Greeks interchanged local and foreign coinages.

P. 265-6 bankers often held coin hoards but not allowed to foreclose (since they're either slaves, foreigners, or freemen, so not allowed to own property); Greek banks did not create credit
p. 268 banks fac. payments
p. 273 Ptolemaic egypt -> best centrally planned mktless system in world; Max Weber says ancient capitalism diff. from modern -'grounded in politics' & says Rome's spread beyond coast stretched thin ->fall.
Last page: mkts did not channel to appreciable extent in ancient world"
Read, Write, Run, Teach !

ShiraDest
16 February, 12016 HE
show less
My favorite quote was:

"utilitarianism...opiate of the comercialized masses."

This book is something of a recap of 'The Great Transformation' [b:The Great Transformation: The Political and Economic Origins of Our Time|53981|The Great Transformation The Political and Economic Origins of Our Time|Karl Polanyi|https://d.gr-assets.com/books/1386924633s/53981.jpg|1997401] as he says idea of stages of development is wrong, hence mkts are not historical progression, but an aberration.

Today is Fri Apr 25 2014, Gregorian Calendar.
Meow Dt: Tuesday, April 24. 12014 H.E. (Holocene Era)

(Remaining notes found and posted 16.2.12016HE:
"2006-03-26 22:25:00
Book notes: Polanyi, The Livelihood of Man
(I love this!) "utilitarianism...opiate of the show more comercialized masses."

Recap of 'Great Transformation' -says idea of stages of dev. is wrong, hence mkts not historical progression, but aberration.

Economic Solipsism:
19th c. educated thought only of econ. & that pol. didn't matter. i.e. Spencer 'ind. vs. mil. systems'; mkt pushes out justice and law (we're seeing this today w/globalization...); law/justice/freedom
2 meanings of economic: economizing/economical vs. physical sustainment

Carl Menger Principles 1871 -important distinctions w/'2 economies' lost due to selection...

Scarcity as !, economic man !, Aristotle rejected scarcity. (Aristotle 'Politics'...); oikos and polis == life, not $; unlimited $-seeking is the problem.

lbr other goods in specific way -> econ. prod.
See Walt Whitman's 'Democratic Vistas' (1871)


Kin grps ==econ funct. unless econ. sep. from pol/soc. org.

p.63 -"primative man was strongly averse to barter."
p. 73 soc. disruptions (Babylon & Assyrian empire frced relocations) allowed gain-ban elim.

p. 97 $ uses: 1. val. std/account (counters) 2. store of wealth/value 3. medium of exchange


p. 117/9 diff. kinds of money existed for different status/ranks of people -not interchangeable
p. 120 $ was NOT all-purpose in ancient times; recip and redistr need equivalencies

p. 148 hesiod & amos worried about individualist market -> starvation; tribes redist. so !hunger

iron age ->breakdown of kinship/tribal rel.

agora and polis:
cyrus insulted greek mkts ('cheat each other and forswear themselves'); no mkts in persia

athenian citizens rotated offices filled by lot, no second term until every citizen had held the office

Athenians not eng. in trade: dep. on imported grain; Free Trde England also, but controlled wrld mkt until now; Rome dir. contrld grain to prevent Athenian problem

creation of world grain market by Athens & Alexander, Ptolemy

token (local) $ != external $;
p.260 town of Clazomenae minted iron coins, taxed wealthy citizens & gave the iron coins to wealthy, retiring iron over several years for silver to no income lost (to pay loan to foriegners in silver...)
pottery 'drafts' as temp coin for merchants w/eventual redemption by Timotheus, of Athenian army, told by Polyaenus: 'bore no value beyond the king's domain' but it worked, as king took it for grain, etc.
p. 263 NO INFLATION or devaluing happened.
Dionysius 'sober and temperant' saved Syracuse from Carthage; no good coins forced out for bad...

-----That's not what I've read up to now...
Says nonmkt econs ==recip. redistr. mtehods; Unlike Africa, Greeks interchanged local and foreign coinages.

P. 265-6 bankers often held coin hoards but not allowed to foreclose (since they're either slaves, foreigners, or freemen, so not allowed to own property); Greek banks did not create credit
p. 268 banks fac. payments
p. 273 Ptolemaic egypt -> best centrally planned mktless system in world; Max Weber says ancient capitalism diff. from modern -'grounded in politics' & says Rome's spread beyond coast stretched thin ->fall.
Last page: mkts did not channel to appreciable extent in ancient world"
Read, Write, Run, Teach !

ShiraDest
16 February, 12016 HE
show less
SUMÁRIO:

[007] - Nota da Edição Brasileira.
(.)
[011] - A Teoria institucional de Karl Polanyi: a sociedade de mercado e sua economia "desenraizada:, por Michele Cangiani.
(.)
[047] - I. A SUBSISTÊNCIA DO HOMEM:
[047] - 01.01 A Falácia Economicista;
[063] - 01.02 Os Dois Significados de Econômico;
[083] - 01.03 Formas de Integração e Estruturas de apoio;
[095] - 01.04 A Economia enraizada na Sociedade;
[107] - 01.05 A Origem das Transações Econômicas;
[115] - 01.06 Equivalências nas Sociedades Arcaicas;
[127] - 01.07 A Tríade Catalática: Comércio, Dinheiro e Mercados;
[133] - 01.08 Comerciantes e Comércio;
[153] - 01.09 Objetos Monetários e Usos do Dinheiro;
[183] - 01.10 Elementos de Mercado e Origens do Mercado.
(.)
[209] - II. show more ENSAIOS CORRELATOS:
[209] - 02.01 Nossa Obsoleta Mentalidade de Mercado;
[229] - 02.02 Aristóteles Descobre a Economia;
[269] - 02.03 O Lugar das Economias nas Sociedades;
[293] - 02.04 A Economia como Processo Instituído;
[331] - 02.05 A Semântica dos Usos do Dinheiro;
[361] - 02.06 Interesse de Classe e Mudança Social.
(.)
show less
Jul 19, 2013Portuguese (Brazil)

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32+ Works 2,109 Members
Karl Polanyi (1886-1964) was one of the most influential political economists of recent times. His book The Great Transformation is generally acclaimed as being among the most important works of economic history in the twentieth century.

Series

Common Knowledge

Canonical title
The Livelihood of Man
Original title
The livelihood of man
Original publication date
1977

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Genres
Economics, Nonfiction, Anthropology, History, General Nonfiction
DDC/MDS
330.9Society, government, & cultureEconomicsJobs & CareersEconomic geography and history
LCC
HC31 .P59Social sciencesEconomic history and conditionsEconomic history and conditions

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