Of all the basic principles governing the development of early economic institutions, the need for the maintenance of communal solidarity deserves pr… - Karl Polanyi
" "Of all the basic principles governing the development of early economic institutions, the need for the maintenance of communal solidarity deserves pride of place. Domestic and foreign relations are in stark contrast: solidarity here, enmity there, rule the day. "They" are the objects of hostility, depradation, and enslavement, "we" belong together and our communal life is governed by the principles of reciprocity, redistribution, and the exchange of equivalents.
About Karl Polanyi
Karl Paul Polanyi (October 25, 1886 – April 23, 1964) was a Hungarian-American economic historian, economic anthropologist, political economist, historical sociologist and social philosopher.
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