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Polanyi - "The right to live"

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Please discuss the following:

1. What does Polanyi mean by "the right to live?"
2. Discuss the right to live in manorial feudalism, early British capitalism (1600-1900), and in the British welfare state in 1970.
3. In your answer, please indicate what is the source of any right to live, what institutions confer or deny it, and how that right asserts itself in a regime of market capitalism.

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Solution Summary

This solution discusses what Polanyi means by "the right to live." It also discusses the right to live in manorial feudalism, early British capitalism (1600-1900), and in the British welfare state in 1970, including the source of any right to live, what institutions confer or deny it, and how that right asserts itself in a regime of market capitalism. Supplemented with two artcile disucssing Polanyl's views.

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Polanyi, Utopian & Liberalism

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1. Polany declares economic liberalism as utopian. Define "economic Liberalism" and "utopian".

2. Explain why Polanyi thinks economic Liberalism is utopian, and indicate what evidence Polanyi offers for this claim.

3. Critically evaluate Polanyi's claim. Is he right??

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