10/07/07 04:06:18
Hayek lamented that the market system which emerged in Europe during the nineteenth and early twentieth century was not free enough.
Polanyi argued that the self-regulating market in its pure form was too utopian to be viable because it was dehumanizing and inherently unstable.
Thus constant political and social intervention, through regulations to ensure basic well-being for all, was a practical imperative not an ideological preference.
よろしくお願いしますm(_ _)m