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Fred Block is Research Professor of Sociology at the University of California
in Davis. He is also President of the Center for Engaged Scholarship (cescholar.org). His book with Matthew R. Keller, is State
of Innovation: The U.S. Government's Role in Technology Development. His most recent book, with Margaret Somers, is The Power of Market Fundamentalism: Karl Polanyi's Critique (Harvard University Press).
Polanyi’s views were the exact opposite of his contemporary, Joseph Schumpeter, who famously defined democracy as...
According to many politicians, removing benefits is necessary to compel the unemployed to work even if their...