Karl Polanyi weeps

[marmar]

[font size="4"]The crucial point is this: land, labor, and money are essential elements of industry; they also must be organized in markets; in fact, these markets form an absolutely vital part of the economic system. But labor, land, and money are obviously not commodities; the postulate that anything that is bought and sold must have been produced for sale is emphatically untrue in regard to them. In other words, according to the empirical definition of a commodity they are not commodities. Labor is only another name for a human activity which goes with life itself, which in its turn is not produced for sale but for entirely different reasons, nor can that activity be detached from the rest of life, be stored or mobilized; land is only another name for nature, which is not produced by man; actual money, finally, is merely a token of purchasing power, as a rule, is not produced at all, but comes into being through the mechanism of banking or state finance. None of them is produced for sale. The commodity description of labor, land, and money is entirely fictitious.[/font]

-- from "The Great Transformation"

[malaise]

1. His daughter also weeps

http://www.karipolanyilevitt.com/biography/

She is a good friend

[marmar]

2. Very cool malaise.

[malaise]

3. Kari is very cool

-she's in her 90s now. Happy New Year marmar

[xchrom]

4. du rec.