Polanyi fictitious commodities to crisis dynamics

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Reference no: EM133186623

ESSAY

1. Outline why economic crises are a normal part of modern economies, according to Sweezy's text. What does this signify for the influences between economic and political sphere in such economies?

2. How can you relate Polanyi's ‘fictitious commodities' to the crisis dynamics in capitalist economies?

3. Why might a dynamic such as Polanyi's ‘double movement' become more pronounced in economies without much of a government presence, and why would economic crises get more pronounced under those same circumstances?

Reference no: EM133186623

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