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A batch of the best highlights from what Jophin's read, .
The extension of the market mechanism to the elements of industry-labor, land, and moneywas the inevitable consequence of the introduction of the factory system in a commercial society. The elements of industry had to be on sale.
The Great Transformation
Karl Polanyi
Can a market adequately estimate social and environmental costs? Kapp answered in the negative. Under the fetish of the ‘market’, there are individual agents who are supposed to be able to determine, through their aggregate choices, the fair price of the environmental realities at stake. But structural limits prevented them from doing so satisfactorily.
The Ungovernable Society
Grégoire Chamayou
The political philosopher Yascha Mounk captures the cultural consequences of this ideology when he says it has ushered in a new “age of responsibility,” in which “responsibility—which once meant the moral duty to help and support others—has come to suggest an obligation to be self-sufficient.”
Winners Take All
Anand Giridharadas
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