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April 10, 2026
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"The culture-its excess-really suited me. I always liked Indian miniature painting much more than Renaissance painting. I didn't see what was so great about Rembrandt or Michelangelo. I liked paintings where there were 10,000 people in the scene and elephants and horses! I liked the carvings on Indian temples so much more than the simple architectural outlines."
"Such a strategy has a number of potential applications for feminist architectural theory. The persistence of a naturalized social history of architecture, which proposes that typical forms are an inevitable, logical response to natural conditions and preexisting structures, has obscured the role that architecture â as representation and as convention â plays in the cultural system. Within a naturalized architectural history and criticism, moreover, the representation (or, more accurately, the marginalization) of women in the established order has come to appear inevitable. Images of women as essentially recessive, nurturing, and domestic or as complicit, masquerading objects of narcissism and desire persist unchallenged."
"Discussions of female spectatorship among feminist film critics over the last fifteen years have relentlessly pursued the elusive problem of gender and visual representation through various intriguing, but ultimately unsatisfactory, models in linguistic, psychoanalytic, and narrational convention."
"In fact, I would argue that these mythic modes are more easily identifiable in historiographical than they are in âliteraryâ texts. For historians usually work with much less linguistic(and therefore less poetic) self-consciousness than writers of fiction do. They tend to treat language as a transparent vehicle of representation that brings no cognitive baggage of its own into the discourse."
"What is at issue here is not: What are the facts? but rather: How are the facts to be described in order to sanction one mode of explaining them rather than another? Some historians will insist that history cannot become a science until it finds the technical terminology adequate to the correct characterization of its objects of study, in the way that physics did in the calculus and chemistry did in the periodic tables. Such is the recommendation of Marxists, Positivists, Cliometricians, and so on. Others will continue to insist that the integrity of historiography depends on its use of ordinary language, its avoidance of jargon. These latter suppose that ordinary language is a safeguard against ideological deformations of the âfacts.â What they fail to recognize is that ordinary language itself has its own forms of terminological determinism, represented by the figures of speech without which discourse itself is impossible."
"Like Kant before him, Darwin insists that the source of all error is semblance. Analogy, he says again and again, is always a âdeceitful guideâ (see pp. 61, 66, 473). As against analogy, or as I would say merely metaphorical characterizations of the facts, Darwin wishes to make a case for the existence of real âaffinitiesâ genealogically construed. The establishment of these affinities will permit him to postulate the linkage of all living things to all others by the âlawsâ or âprinciplesâ of genealogical descent, variation, and natural selection. These laws and principles are the formal elements in his mechanistic explanation of why creatures are arranged in families in a time series. But this explanation could not be offered as long as the data remained encoded in the linguistic modes of either metaphor or synecdoche, the modes of qualitative connection. As long as creatures are classified in terms of either semblance or essential unity, the realm of organic things must remain either a chaos of arbitrarily affirmed connectedness or a hierarchy of higher and lower forms. Science as Darwin understood it, however, cannot deal in the categories of the âhigherâ and âlowerâ any more than it can deal in the categories of the ânormalâ and âmonstrous.â Everything must be entertained as what it manifestly seems to be. Nothing can be regarded as âsurprising,â any more than anything can be regarded as âmiraculous.â"
"This movement between alternative linguistic modes conceived as alternative descriptive protocols is, I would argue, a distinguishing feature of all the great classics of the âliterature of fact.â"
"Readers of histories and novels can hardly fail to be struck by their similarities. There are many histories that could pass for novels, and many novels that could pass for histories, considered in purely formal (or, I should say, formalist) terms. Viewed simply as verbal artifacts histories and novels are indistinguishable from one another. We cannot easily distinguish between them on formal grounds unless we approach them with specific preconceptions about the kinds of truths that each is supposed to deal in. But the aim of the writer of a novel must be the same as that of the writer of a history."
"Now, I want to make clear that I am myself using these terms as metaphors for the different ways we construe fields or sets of phenomena in order to âwork them upâ into possible objects of narrative representation and discursive analysis. Anyone who originally encodes the world in the mode of metaphor, will be included to decode it â that is, narratively âexplicateâ and discursively analyze it â as a congeries of individualities."
"Historians are concerned with events which can be assigned to specific timespace locations, events which are (or were) in principle observable or perceivable, whereas imaginative writers â poets, novelists, playwrights â are concerned with both these kinds of events and imagined, hypothetical, or invented ones."
"Broadly, the proposition holds that all economic systems known to us up to the end of feudalism in Western Europe were organized either on the principle of reciprocity or redistribution, or householding, or some combination of the three. These principles were institutionalized with the help of a social organization which, inter alia, made use of the patterns of symmetry, centricity, and autarchy. In this framework, the orderly production and distribution of goods was secured through a great variety of individual motives disciplined by general principles of behavior. Among these motives gain was not prominent. Custom and law, magic and religion cooperated in inducing the individual to comply with rules of behavior which, eventually, ensured his functioning in the economic system."
"Where did the modern world come from, and what are the political, economic, and social changes that it wrought? Polanyi doesnât answer every question, but heâs a good place to start."
"Were he writing today, I am sure Polanyi would suggest that the challenge facing the global community today is whether it can redress these imbalancesâbefore it is too late."
"As was rightly pointed out by Karl Polanyi in the 1940s, the 19th century laissez-faire regime can be thought of as one in which society is forced to conform to the needs of the market mechanism. "Instead of the economy being embedded in social relations, social relations are embedded in the economic system" in this laissez-faire regime. However, it was precisely because of this that the system gradually disintegrated from the early 20th century into economic and social chaos. "Since society was made to conform to the needs of the market mechanism, imperfections in the functioning of that mechanism created cumulative strains on the body social.""
"Hayek translated moral and political problems into an economic idiom. What we need now, I would argue, is a way to uninstall or reverse that translation. Karl Marx attempted just such a project, but his answers were elusive. In a fascinating but little-known 1927 essay, âOn Freedom,â Karl Polanyi also attempted such a project, giving us a stylized rendition of what it would mean for a political collective, rather than a firm or a consumer, to make an economic decisionânot in the marketplace, where price helps determine our decisions, but in a deliberative assembly, where other considerations are at play. One part of the assembly, representing the interests of the collective, will want to make an investment in a long-term good; healthcare was the example Polanyi chose. Another part of the assembly, representing the workers who would have to make the specific sacrifices for that good, resists that decision. What to do? Argue it out, says Polanyi. Whatever is the final decision, it will be âa direct, internal choice, for here ideals within people are confronted with their costs; here everyone has to decide what his ideals are worth to him.â Notice that Polanyi does not presume any agreement about moral and political ends, as Hayek claimed socialists must. Notice how insistent he is that decisions about production must confront the question of costs. Like Hayek, Polanyi is attuned to the materiality of moral choice, only he believes the question of costs and constraints is best mediated through moral and political arguments in the public square."
"Writing in 1944, the year of the Bretton Woods Conference, Polanyi suggested that the extension of the institutions of the market over the course of the nineteenth century aroused a political reaction in the form of associations and lobbies that ultimately undermined the stability of the market system. He gave the gold standard a place of prominence among the institutions of laissez faire in response to which this reaction had taken place. And he suggested that the opening of national economic decision making to parties representing working-class interests had contributed to the downfall of that international monetary system. In a sense, this book asks whether Polanyiâs thesis stands the test of time. Can the international monetary history of the second half of the twentieth century be understood as the further unfolding of Polanyian dynamics, in which democratization again came into conflict with economic liberalization in the form of free capital mobility and fixed exchange rates? Or do recent trends toward floating rates and monetary unification point to ways of reconciling freedom and stability in the two domains?"
"Post-war prosperity also overshadowed the central problems with which Polanyi grappled in the 1930s and 1940s. Polanyi accepted that a market society could indeed produce a great deal of material prosperity, but he was concerned that it could only do so by turning people into puppets and playthings of mindless market forces, and that people did not take well to this new role. The goal, for Polanyi, was to achieve the prosperity that a market economy generates, without suffering the risks of poverty, creative destruction, and community erosion implied by the operation of market forces.Crucially, Polanyi warned that if the modern bourgeois order failed at this task, authoritarian and totalitarian political movements would benefit. During the post-war period, the fair-weather argument that market-driven prosperity justifies any collateral social pain was taken as a given; it also came to define the consensus view among the moneyed class and its ideological backers."
"Now I am not sure how right Polanyi is: it is not clear to me that the shift has been as large as he thinks it has. And when "embeddedness" was used in the past to enforce transactions at a "just price", it usually seems to me to have been cover for thugs-with-spears (or thugs-with-idols) getting things on favorable terms from merchants, artisans, and peasants: it is far from clear that a decline in "embeddedness" is a bad thing. But I do think it is an interesting point."
"Polanyi's account is consistent with a much broader range of historical experiences in the countries where today we find not only the most stable and long-lived democratic systems but also the most advanced and successful market economies, in Europe, North America, and the Pacific."
"The market institution has its origin in two different sets of developments: the one external to the community, the other internal. The external is intimately linked with the acquisition of goods from outside, the internal with the local distribution of food. This latter took two very different forms: the first was general in the irrigational empires and centered on storing and distributing staples; the second is to be found from the earliest times in peasant and bush communities, and focused on the local sale of fresh victuals and prepared food. These varied sources of origin contributed different constituent elements to the institution of the market."
"The standard use of money is vital to the staple finance that accompanies large-scale storage economies. No assessment and collection of taxes, no budgeting and balancing of manorial households, no rational accountancy comprising a variety of goods is possible without a standard. Since it is not the number of things but their values that are here subjected to arithmetic, this operation requires the setting of rates relating the various staples to one another. Such figures, representing rates, are in effect available in most archaic societies. Whether by virtue of custom, statute, or proclamation, fixed equivalents designate the rate at which the necessities of life can be mutually substituted, one for another. It is only when prices develop in markets (i.e., relatively late) that money as a standard can be taken for granted, as it is today."
"Anthropologically, money should be defined as a semantic system, broadly similar to language; writing, or weights and measures. These systems differ mainly in the purposes served and the signs employed. Language and writing serve the purpose of the communication of ideas, weights and measures that of quantitative physical relationship. As to signs, language uses oral sounds; writing employs ideograms or visual characters; weights and measures, on the other hand, use physical objects as the basis of symbols. Money resembles, but also differs from, each of these. It serves several ends, which are traditionally described as means of payment; standard of value or money of account; store of wealth; and medium of exchange."
"If it seems that we have unduly stressed "acquisition of goods from a distance" as the crucial factor in trade, it was done, inter alia, in order to work out more clearly the determinative role played by the acquisitive or import interest in the history of trade. It involves, as we saw, no less than the alternatives of peaceful versus forcible methods of satisfying that interest, alternatives that may affect the total structure of the state as well as its modes of acting in history."
"In effect, by far the greater part of trade flowed in such dispositional channels, while a much smaller part continued to proceed on transactional lines. Numerous devices ensured that no merging of the two should ensue. Both equivalencies, which made gainless transactions possible, and rules of law, which organized riskless dispositions into a trading system, were a result of the dominance of redistributive forms of integration. But these did not operate in the ways of tyrannical administrative bureaucracy, as assumed by historians in the past. The absence, or at least the very subordinate role, of markets did not imply ponderous administrative methods tightly held in the hands of a central bureaucracy. On the contrary, gainless transactions and regulated dispositions, as legitimized by law, opened up, as we have seen, a sphere of personal freedom formerly unknown in the economic life of man."
"Equivalencies between the units of different goods were meant to express proportions that both resulted from the conditions existing in that society and contributed to the maintenance of those conditions. The "justice" expressed in the equivalency is a reflection of the "justness" of the society it mirrors. How could this be otherwise, once the status rewards and standards of life that obtain in the society were necessarily reflected in the equivalencies? Consequently, what we are wont to call gain, profit, wages, rent, or other revenue, must be comprised in the equivalency, if those revenues are required to maintain existing social relations and values. This was the rationale of the "just price" as postulated by the schoolmen. Far from being the expression of a pious hope or of an uplifted thought irrelevant to "economic realities," as the orthodox economic classics tended to believe, the just price was an equivalency, the actual amount of which was determined either by municipal authority or by the actions of the guildsmen in the market, but in either case according to determinants relevant to the concrete social situation. The guildsmen who refused to sell below a price that would endanger the standard of his colleagues, and equally refused to accept a price that would secure for him a revenue higher than that approved by his colleagues, cooperated to create the "just price" as effectively as the municipal authority that could be called upon to fix the price directly in order to uphold these very principles."
"Of all the basic principles governing the development of early economic institutions, the need for the maintenance of communal solidarity deserves pride of place. Domestic and foreign relations are in stark contrast: solidarity here, enmity there, rule the day. "They" are the objects of hostility, depradation, and enslavement, "we" belong together and our communal life is governed by the principles of reciprocity, redistribution, and the exchange of equivalents."
"As a general conclusion, it can be stated that the production and distribution of material goods was embedded in social relations of a noneconomic kind. No institutionally separate economic systemâno network of economic institutionsâcould be said to exist."
"It was characteristic of the economic system of the nineteenth century that it was institutionally distinct from the rest of society. In a market economy, the production and distribution of material goods is carried on through a self-regulating system of markets, governed by laws of its own, the so-called laws of supply and demand, motiÂvated in the last resort by two simple incentives, fear of hunger and hope of gain. This institutional arrangement is thus separate from the noneconomic institutions of society: its kinship organization and its political and religious systems. Neither the blood tie, nor legal compulsion, nor religious obligation, nor fealty, nor magic created the sociologically defined situations that insured the participation of individuals in the system. They were, rather, the creation of institutions like private property in the means of production and the wage system operating on purely economic incentives."
"It is usually not realized that random acts of barter would not, by themselves, produce prices unless a market pattern were in existence that made the bartering intent of the persons effective. In this sense, barter is very much like reciprocity and redistribution. The principle of behavior, in order to become effective, requires the presence of some institutional structure. The market pattern is never traceable to the mere desire of individuals to "truck, barter, and exchange." Its origins come from other directions, as we shall see."
"Only in a symmetrically organized environment will reciprocative attitudes result in economic institutions of any importance; only where centers have been established beforehand can the cooperative attitude of individuals produce a redistributive economy; and only in the presence of markets instituted to that purpose will the bartering attitude of individuals result in prices that integrate the economic activities of the community."
"The economy as an instituted process of interaction serving the satisfaction of material wants forms a vital part of every human community. Without an economy in this sense, no society could exist for any length of time."
"One simple recognition, from which all attempts at clarification of the place of the economy in society must start, is the fact that the term economic, as commonly used to describe a type of human activity, is a compound of two meanings. These have separate roots, independent of one another. It is not difficult to identify them, even though a number of broadly synonymous words are available for each. The first meaning, the formal, springs from the logical character of the means-ends relationship, as in economizing or economical; from this meaning springs the scarcity definition of economic. The second, the substantive meaning, points to the elemental fact that human beings, like all other living thins, cannot exist for any length of time without a physical environment that sustains them; this is the origin of the substantive definition of economic. The two meanings, the formal and the substantive, have nothing in common. The current concept of economic is, then, a compound of two meanings. While hardly anyone would seriously deny this fact, its implications for the social sciences (always excepting economics) are rarely touched upon. Whenever sociology, anthropology, or history deals with matters pertaining to human livelihood, the term economic is taken for granted. It is employed loosely, relying for a frame of reference now on its scarcity connotation, now on its substantive connotation, thus oscillating between two unrelated poles of meaning."
"Such economic solipsism, as it might well be called, was indeed an outstanding feature of the market mentality. Economic action, it was deemed, was "natural" to men and was, therefore, self-explanatory."
"To sum up the central illusion of an age in terms of a logical error is rarely to the point; yet conceptually the economistic fallacy, in the nature of things, cannot be described otherwise. The logical error was of a common and harmless kind: a broad, generic phenomenon was somehow taken to be identical with a species with which we happen to be familiar. In such terms, the error was in equating the human economy in general with its market form (a mistake that may have been facilitated by the basic ambiguity of the term economic, to which we will return later)."
"The history of mankind and the place of the economy in it, is not, as the evolutionists would have it, an account of unconscious growth and organic continuity. Such an approach would necessarily obscure some aspects of economic development vital to men in the present phase of transition. For the dogma of organic continuity must, in the last resort, weaken man's power of shaping his own history."
"The notion that individual acts of exchange were at the root of trade, money, and even of market institutions, is hardly tenable. Foreign trade, as a rule, preceded domestic trade, the exchange use of money originated in the foreign trade sphere, and organized markets were developed first in external trade; in all three cases, action was more of the collective than of the individual kind."
"The nineteenth century gave birth to two sets of events of a very different order of magnitude: the machine age, a development of millennial range; and the market system, an initial adjustment to that development."
"The discovery of society is thus either the end or the rebirth of freedom. While the fascist resigns himself to relinquishing freedom and glorifies power which is the reality of society, the socialist resigns himself to that reality and upholds the claim to freedom, in spite of it. Man becomes mature and able to exist as a human being in a complex society. To quote once more Robert Owenâs inspired words: âShould any causes of evil be irremovable by the new powers which men are about to acquire, they will know that they are necessary and unavoidable evils; and childish, unavailing complaints will cease to be made.â Resignation was ever the fount of manâs strength and new hope. Man accepted the reality of death and built the meaning of his bodily life upon it. He resigned himself to the truth that he had a soul to lose and that there was worse than death, and founded his freedom upon it. He resigns himself, in our time, to the reality of society which means the end of that freedom. But, again, life springs from ultimate resignation. Uncomplaining acceptance of the reality of society gives man indomitable courage and strength to remove all removable injustice and unfreedom. As long as he is true to his task of creating more abundant freedom for all, he need not fear that either power or planning will turn against him and destroy the freedom he is building by their instrumentality. This is the meaning of freedom in a complex society; it gives us all the certainty that we need."
"We invoked what we believed to be the three constitutive facts in the consciousness of Western man: knowledge of death, knowledge of freedom, knowledge of society. The first, according to Jewish legend, was revealed in the Old Testament story. The second was revealed through the discovery of the uniqueness of the person in the teachings of Jesus as recorded in the New Testament. The third revelation came to us through living in an industrial society. No one great name attaches to it; perhaps Robert Owen came nearest to becoming its vehicle. It is the constitutive element in modern manâs consciousness."
"By accident only, as we see, was European fascism in the 1920s connected with national and counterrevolutionary tendencies. It was a case of symbiosis between movements of independent origin, which reinforced one another and created the impression of essential similarity, while being actually unrelated. In reality, the part played by fascism was determined by one factor: the condition of the market system. During the period 1917â23 governments occasionally sought fascist help to restore law and order: no more was needed to set the market system going. Fascism remained undeveloped. In the period 1924â29, when the restoration of the market system seemed ensured, fascism faded out as a political force altogether. After 1930 market economy was in a general crisis. Within a few years fascism was a world power."
"Fascism, like socialism, was rooted in a market society that refused to function. Hence, it was worldwide, catholic in scope, universal in application; the issues transcended the economic sphere and begot a general transformation of a distinctively social kind. It radiated into almost every field of human activity whether political or economic, cultural, philosophic, artistic, or religious. And up to a point it coalesced with local and topical tendencies. No understanding of the history of the period is possible unless we distinguish between the underlying fascist move and the ephemeral tendencies with which that move fused in different countries."
"Under conditions such as these the routine conflict of interest between employers and employees took on an ominous character. While a divergence of economic interests would normally end in compromise, the separation of the economic and the political spheres in society tended to invest such clashes with grave consequences to the community. The employers were the owners of the factories and mines and thus directly responsible for carrying on production in society (quite apart from their personal interest in profits). In principle, they would have the backing of all in their endeavor to keep industry going. On the other hand the employees represented a large section of society; their interests also were to an important degree coincident with those of the community as a whole. They were the only available class for the protection of the interests of the consumers, of the citizens, of human beings as such, and, under universal suffrage, their numbers would give them a preponderance in the political sphere. However, the legislature, like industry, had its formal functions to perform in society. Its members were entrusted with the forming of the communal will, the direction of public policy, the enactment of long-term programs at home and abroad. No complex society could do without functioning legislative and executive bodies of a political kind. A clash of group interests that resulted in paralysing the organs of industry or stateâeither of them, or bothâformed an immediate peril to society."
"Socialism is, essentially, the tendency inherent in an industrial civilization to transcend the self-regulating market by consciously subordinating it to a democratic society. It is the solution natural to the industrial workers who see no reason why production should not be regulated directly and why markets should be more than a useful but subordinate trait in a free society. From the point of view of the community as a whole, socialism is merely the continuation of that endeavor to make society a distinctively human relationship of persons which in Western Europe was always associated with Christian traditions."
"Mankind was in the grip, not of new motives, but of new mechanisms. Briefly, the strain sprang from the zone of the market; from there it spread to the political sphere, thus comprising the whole of society. But within the single nations the tension remained latent as long as world economy continued to function. Only when the last of its surviving institutions, the gold standard, dissolved was the stress within the nations finally released. Different as their responses to the new situation were, essentially they represented adjustments to the disappearance of the traditional world economy; when it disintegrated, market civilization itself was engulfed. This explains the almost unbelievable fact that a civilization was being disrupted by the blind action of soulless institutions the only purpose of which was the automatic increase of material welfare."
"How far the state was induced to interfere depended on the constitution of the political sphere and on the degree of economic distress. As long as the vote was restricted and only the few exerted political influence, interventionism was a much less urgent problem than it became after universal suffrage made the state the organ of the ruling millionâthe identical million who, in the economic realm, had often to carry in bitterness the burden of the ruled. And as long as employment was plentiful, incomes were secure, production was continuous, living standards were dependable, and prices were stable, interventionist pressure was naturally less than it became when protracted slumps made industry a wreckage of unused tools and frustrated effort."
"Even capitalist business itself had to be sheltered from the unrestricted working of the market mechanism. This should dispose of the suspicion which the very term âmanâ and ânatureâ sometimes awaken in sophisticated minds, who tend to denounce all talk about protecting labor and land as the product of antiquated ideas if not as a mere camouflaging of vested interests."
"The dangers to man and nature cannot be neatly separated. The reactions of the working class and the peasantry to market economy both led to protectionism, the former mainly in the form of social legislation and factory laws, the latter in agrarian tariffs and land laws. Yet there was this important difference: in an emergency, the farmers and peasants of Europe defended the market system, which working-class policies endangered. While the crisis of the inherently unstable system was brought on by both wings of the protectionist movement, the social strata connected with the land were inclined to compromise with the market system, while the broad class of labor did not shrink from breaking its rules and challenging it outright."
"What we call land is an element of nature inextricably interwoven with manâs institutions. To isolate it and form a market for it was perhaps the weirdest of all the undertakings of our ancestors."
"Actually, the labor market was allowed to retain its main function only on condition that wages and conditions of work, standards and regulations should be such as would safeguard the human character of the alleged commodity, labor. To argue that social legislation, factory laws, unemployment insurance, and, above all, trade unions have not interfered with the mobility of labor and the flexibility of wages, as is sometimes done, is to imply that those institutions have entirely failed in their purpose, which was exactly that of interfering with the laws of supply and demand in respect to human labor, and removing it from the orbit of the market."
"To separate labor from other activities of life and to subject it to the laws of the market was to annihilate all organic forms of existence and to replace them by a different type of organization, an atomistic and individualistic one. Such a scheme of destruction was best served by the application of the principle of freedom of contract. In practice this meant that the noncontractual organizations of kinship, neighborhood, profession, and creed were to be liquidated since they claimed the allegiance of the individual and thus restrained his freedom. To represent this principle as one of noninterference, as economic liberals were wont to do, was merely the expression of an ingrained prejudice in favor of a definite kind of interference, namely, such as would destroy noncontractual relations between individuals and prevent their spontaneous reformation."