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Karl Polanyi and Karl Marx both argue that capitalism (or what Polanyi calls market society) is...

Karl Polanyi and Karl Marx both argue that capitalism (or what Polanyi calls market society) is a distinctive economic system that is dramatically different from the economic systems that preceded it. Explain how both of these thinkers understand the distinctive nature of capitalism as opposed to other systems. Try to identify the similarities and differences in their thinking(hint: Marx is more damning in his critique than Polanyi).

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Rahul Sunny answered 2 years ago
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