1. Key Theories of Market Society
... . Adequate regulation and protective controls such as minimum wage rates and social security services provide the necessary options for counter-movements in safeguarding the society from socio-economic collapse. Polanyi's essay or market economies help to illustrate the pitfalls of a completely self-regulating marketplace and pose an important frame of reference for policy and research when investigating labour markets....
- Word Count: 1246
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate