ANT 101 Lecture Notes - Lecture 13: Tunxis Community College, Substantivism
6 Jan 2021
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Document Summary
We evaluate our choices in modern society in terms of money. Humans are inherently inquisitive and never have enough. Assumption: since our wants and desires are infinite, we never have enough to accomplish everything, so humans are always constrained by their limitless desire to economize. For most of human history, polany argues, the free market was not the dominant. Polany needed a different perspective than modern economics to understand what organizing principle for societal organization went on in societies before 18th century. Dates modern markets to turn of 19th century (1800s) Most of world before 19th century, trade was administered beuracratically, most of. Prior to 17th century, most organized societies organized a parametal structure with. Market distribution was relatively minor dimension of such societies and polany"s. Developed in contrast to formal economics - substantive approach. Formalists maintain that when one studies economic behavior, that which involves making choices (definition above) .
