However, Karl Polanyi was less radical; indeed for him the road to the free market only remained open because of state interventionism. To understand capitalism, one needs to understand the political acts that go into market making.
“That might seem almost self-evident,” says Ben. “But it’s a very different way of understanding the world from what you will find within the social sciences derived from economics and, in particular, neo-classical economics.
the key word there is understanding Market capitalism