domingo, maio 23, 2021

A Grande Transformação, de Karl Polaniy


 

What a wonderful book, as relevant, or possibly even more relevant, now than when it was written. It completely demolishes the neo-liberal dogma of the supposed advantages and “naturalness” of unregulated free markets. It explains intelligently, clearly and common-sensically how economic policy is a choice, a political choice.

And that choice should respect human rights, namely the right to the pursuit of happiness; so economy policy should be directed to serve people’s interests and not the other way around.

This should be a mandatory reading for anyone interested in economics, politics and sociology. It’s always amazing and frustrating how we haven’t learnt anything from History.