{"id":2566,"date":"2014-04-17T22:43:41","date_gmt":"2014-04-18T05:43:41","guid":{"rendered":"http:\/\/qpr.ca\/blogs\/?p=2566"},"modified":"2014-04-17T22:43:41","modified_gmt":"2014-04-18T05:43:41","slug":"karl-polanyi-explains-it-all","status":"publish","type":"post","link":"https:\/\/qpr.ca\/blogs\/2014\/04\/17\/karl-polanyi-explains-it-all\/","title":{"rendered":"Karl Polanyi Explains It All"},"content":{"rendered":"<p>Interesting observation from someone who wrote in 1944<\/p>\n<blockquote><p>Contrary to libertarian economists from Adam Smith to Hayek, Polanyi argued, there was nothing \u201cnatural\u201d about the free market. Primitive economies were built on social obligations. Modern commercial society depended on \u201cdeliberate State action\u201d by and for elites. \u201cLaissez-faire\u201d he writes, savoring the oxymoron, \u201cwas planned.\u201d<\/p><\/blockquote>\n<p>via <a href='http:\/\/prospect.org\/article\/karl-polanyi-explains-it-all'>Karl Polanyi Explains It All<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interesting observation from someone who wrote in 1944 Contrary to libertarian economists from Adam Smith to Hayek, Polanyi argued, there was nothing \u201cnatural\u201d about the free market. Primitive economies were built on social obligations. Modern commercial society depended on \u201cdeliberate &hellip; <a href=\"https:\/\/qpr.ca\/blogs\/2014\/04\/17\/karl-polanyi-explains-it-all\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2566","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/2566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/comments?post=2566"}],"version-history":[{"count":1,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/2566\/revisions"}],"predecessor-version":[{"id":2567,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/posts\/2566\/revisions\/2567"}],"wp:attachment":[{"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/media?parent=2566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/categories?post=2566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qpr.ca\/blogs\/wp-json\/wp\/v2\/tags?post=2566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}