Substantivism
id:
substantivism-203-279095
title:
Substantivism
text:
Substantivism is an economic position that helps to explain the social relations embedded within the economy. First proposed by Karl Polanyi he argues that the term "economics" has two meanings. The formal meaning, used by today's neoclassical economists, refers to economics as the logic of rational action and decision-making, as rational choice between the alternative uses of limited (scarce) means, as "economizing", "maximizing", or "optimizing". The second, substantive meaning presupposes nei
brand slug:
wiki
category slug:
encyclopedia
description:
Argument by Karl Polanyi that economics is deeply rooted in societal change
original url:
https://en.wikipedia.org/wiki/Substantivism
date created:
date modified:
2024-01-18T12:43:37Z
main entity:
{"identifier":"Q3502668","url":"https://www.wikidata.org/entity/Q3502668"}
image:
fields total:
13
integrity:
14