Reviewing Polanyi’s The Great Transformation, it struck me that many of his observations are consistent with and predict CasP
Polanyi is famous for arguing that people, land and money are ‘fictitious’ commodities, and that subjugating them to the ‘free market’ is bound to end in a backlash.
The idea that the economy ‘interacts’ with society is common to liberalism (through distortions) and Marxism (via the base/superstructure distinction). Can you explain how, in your view, it is consistent with/predictive of CasP?