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Top 4 Karl Polanyi Quotes (2024 Update)

Karl Polanyi Quote: “Robert Owen’s was a true insight: market economy if left to evolve according to its own laws would create great and permanent evils.”

1. “Robert Owen’s was a true insight: market economy if left to evolve according to its own laws would create great and permanent evils.”

— Karl Polanyi

Karl Polanyi Quote: “Poverty was nature surviving in society; that the limitedness of food and the unlimitedness of men had come to an issue just when the promise of boundless increase of wealth burst in upon us made the irony only the more bitter.”

2. “Poverty was nature surviving in society; that the limitedness of food and the unlimitedness of men had come to an issue just when the promise of boundless increase of wealth burst in upon us made the irony only the more bitter.”

— Karl Polanyi

Karl Polanyi Quote: “Yet the victory of fascism was made practically unavoidable by the liberals’ obstruction of any reform involving planning, regulation, or control.”

3. “Yet the victory of fascism was made practically unavoidable by the liberals’ obstruction of any reform involving planning, regulation, or control.”

— Karl Polanyi

Karl Polanyi Quote: “The most recent global financial crisis reminded the current generation of the lessons that their grandparents had learned in the Great Depression: the self-regulating economy does not always work as well as its proponents would like us to believe.”

4. “The most recent global financial crisis reminded the current generation of the lessons that their grandparents had learned in the Great Depression: the self-regulating economy does not always work as well as its proponents would like us to believe.”

— Karl Polanyi

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