Creating an Economy for the Common Good

“As Karl Polanyi described in his book The Great Transformation, the last few hundred years have seen a constant and conscious drive to create a completely marketised economy, based on ‘economic man’: citizens whose motivations are completely those of self-interest, expressed entirely through the monetised economy.”

“While market enthusiasts believe (and enthuse) that markets and economic ‘man’ are based on natural laws, it is obvious that reality doesn’t conform to their ideology and that the market-dominated society contradicts human feelings of community, poisoning an array of human relationships and destroying the natural environment.”