collected snippets of immediate importance...


Tuesday, April 19, 2011

the market as prison, lindblom (1982)

(325-326): business posesses unique power to sanction policy, by withdrawing investment, etc.

(328): other groups don't have same power

(329): mkt imprisons policy-making, as a result. Polanyi underestimated the constraints

(332): no mkt society can be a fully democratic society (though not taking a position on whether this is possible, desirable)

(333): fact of mkt society has also imprisoned our premises/ways of thinking. mkt is taken for granted, when argued that higher wages will lead to inflation

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