Matthew agrees: “Take the modern condition of austerity. When we ask our political classes about austerity they tell us there’s no choice, but there’s no such thing as ‘no choice’ within a Polanyian world view. Everything is a political choice; every decision that’s made, whether individually or collectively to either reaffirm or challenge the core premises of the market society, is a political choice. So, however much we’re told that those choices are constrained or that those choices are reduced to a single alternative, we can use Karl Polanyi and the tradition that he’s developed to blow a big raspberry at those suggestions.
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