1. Key Theories of Market Society
One of Polanyi's key theories is a "double movement" that arises out of a trend to push towards free market deregulation of the economy. A spontaneous fictitious backlash occurs in order to protect nature and economic resources ... , there have been mass layoffs within big and small businesses due to downsizing and efforts to compete in free market-based economies by utilizing advances in technology that form key part to maintaining a level of competitiveness. This has led to increasing workforce insecurity as technology continues to threaten the stability of existing jobs that can seemingly ...
- Word Count: 1246
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate