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FOUND: Karl polanyi | Mind Blowing Facts

We are in a digital version of the enclosures – like the landowners, big tech has power without responsibility

Between the middle of the 18th and 19th centuries, the English parliament passed more than 4,000 Enclosure Acts. These laws allowed the fencing of common lands where villagers had grazed livestock and planted for generations, transferring them largely into private ownership of the aristocracy or the church. Similar dramatic changes…

The Conversation

This 1,300-Page Anticapitalist History Gets a Few Things Wrong

Sven Beckert's Capitalism: A Global History is...not a reliable history.

Reason

She could soon be the UK’s first female chancellor – but who is Rachel Reeves?

The 45-year-old has the perfect CV for the role, with experience at the Bank of England and in private finance – but how has her background shaped her tough stance on public finances?

The Guardian - UK

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The Great Transformation by Karl Polanyi is a classic critique of capitalism – but it wasn’t an overnight success

Hungarian social theorist Karl Polanyi is best known for his exploration of the collapse of liberal institutions that occurred between 1914 and 1945. His book, The Great Transformation, traces the catastrophes of those decades to the globalisation of market liberalism.

The Conversation

‘The greatest thinker you’ve never heard of’: expert who explained Hitler’s rise is finally in the spotlight

After fleeing Hitler, brilliant Jewish economist Karl Polanyi was never welcomed by the British. Now, for the first time in 80 years, his masterwork The Great Transformation has been published in the UK

The Guardian - UK

For the birds? Far from it. At last Rachel Reeves has given Britain a plan for economic liftoff

Despite being called continuity Hunt, the shadow chancellor has set out a proposal for meaningful change

The Guardian - UK

Alan Kohler: Crypto and the end of the beginning

Will FTX’s collapse mean the end of crypto? Well, some of the 3000 or so cryptocurrencies, or at least it should.

The New Daily

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Michael Hiltzik: How did America get addicted to a policy that fails everyone but the rich?

Here's the central riddle of U.S. politics since the Great Depression:

Los Angeles Times

Goodbye, Globalization?

As American politicians turn against economic openness, history suggests the consequences could be dire.

Reason

The WTO, with its ‘market knows best’ ideology, has failed. It’s time to bury it

The WTO has encouraged agricultural monopolies and cheap labour, and created vulnerable supply chains, says Nick Dearden, director of Global Justice Now

The Guardian - UK

Alan Kohler: We all lose when monopolists prosper

The role of government is to correct the tendency towards monopoly and inequality through regulation, but they have been falling down on the job.

People

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