{"id":38991,"date":"2024-10-21T22:21:36","date_gmt":"2024-10-22T05:21:36","guid":{"rendered":"https:\/\/blogs.georgefox.edu\/dlgp\/?p=38991"},"modified":"2024-10-22T11:48:55","modified_gmt":"2024-10-22T18:48:55","slug":"some-books-refuse-to-go-away-beberapa-buku-enggan-pergi","status":"publish","type":"post","link":"https:\/\/blogs.georgefox.edu\/dlgp\/some-books-refuse-to-go-away-beberapa-buku-enggan-pergi\/","title":{"rendered":"\u201cSome Books Refuse To Go Away\u201d &#8220;Beberapa Buku Enggan Pergi&#8221;"},"content":{"rendered":"<p><strong>What is this book about?<\/strong><\/p>\n<p>I began reading the book, \u201c<em>The Great Transformation: The Political and Economic Origins of Our Time,\u201d<\/em> by Karl Polanyi on my flight to Washington DC last month, knowing I would need ample time to mentally digest and process the content. Consequently, articulating my post this week proved difficult. The challenge was trying to relate the text between Karl Polanyi\u2019s book and Dr. Jason Clark\u2019s text, \u201cEvangelicalism and Capitalism: A Reparative Account and Diagnosis of Pathogeneses in the Relationship.\u201d<a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a><\/p>\n<p><em>The Great Transformation: The Political and Economic Origins of Our Time,<\/em> by Karl Polanyi is a seminal work in economic history and social theory.<a href=\"#_ftn2\" name=\"_ftnref2\">[2]<\/a> Published in 1944 the book analyzes the profound economic and social challenges brought about by the Industrial Revolution which Polanyi refers to as the \u201cgreat transformation.\u201d<a href=\"#_ftn3\" name=\"_ftnref3\">[3]<\/a><\/p>\n<p>The central thesis of \u201cThe Great Transformation\u201d by Polanyi is that the rise of market economies during the industrial revolution led to significant social upheaval and dislocation. He argues that the idea of a self-regulating market is inherently flawed and socially destructive. Polanyi asserts that the economic system needs regulation and social protection to prevent market forces from undermining social stability and community well-being. This balance between economic progress and social stability is critical for a healthy society.<\/p>\n<p>According to the book, nineteenth-century civilization rested on four institutions: The \ufb01rst was the balance-of-power system which for a century prevented the occurrence of any long and devastating war between the Great Powers. The second was the international gold standard which symbolized a unique organization of world economy. The third was the self-regulating market which produced an unheard-of material welfare. \u00a0The fourth was the liberal state.<a href=\"#_ftn4\" name=\"_ftnref4\">[4]<\/a><\/p>\n<p>In chapter 3, Polanyi contrast the concepts of \u201chabitation\u201d and \u201cimprovement\u201d to highlight the tension between maintaining social stability and pursuing economic progress.<a href=\"#_ftn5\" name=\"_ftnref5\">[5]<\/a><\/p>\n<ul>\n<li>Habitation refers to the traditional way of life where communities are stable and social relations are preserved. It emphasized the well-being and security of the population, ensuring that people have a place to live and can sustain their livelihoods.<\/li>\n<li>Improvement, on the other hand, represents the drive for economic growth and the development, often at the expense of social structures. This pursuit can lead to social dislocation and upheaval as traditional ways of life are disputed in favor of market-driven progress.<\/li>\n<\/ul>\n<p>Polanyi argues that the unchecked pursuit of economic improvement can undermine the social fabric leading to negative consequences for the community the advocates for a balance between these two forces to ensure both economic development and social stability.<\/p>\n<p>Upon reading Dr. Clark\u2019s dissertation \u201cFor Polanyi, the defining feature of capitalism is the emergence of the self-regulating market (SRM), where, for the first time in history, the market was disembedded from social relationships, such as those of religion.\u201d<a href=\"#_ftn6\" name=\"_ftnref6\">[6]<\/a> and \u201cThe SRM marks the first time that the market became an institution itself, based around the fictions that lacked relational reciprocity, specifically labour, land, and money.\u201d<a href=\"#_ftn7\" name=\"_ftnref7\">[7]<\/a>, I was curious as to how &#8220;The\u00a0Great\u00a0Transformation&#8221;\u00a0relates to me today?<\/p>\n<p>I realized that the ideas Polanyi explored in his book are relevant today, the balance between habitation (preserving social stability and community well-being) and improvement (pursuing economic growth and technological advancement has become a tight rope walk in modern society). Polanyi&#8217;s insight into the potential social upheaval caused by unchecked market forces reminded me that economic progress should not come at the expense of social stability. Today, I see this tension in debates over housing affordability, job security and environmental sustainability policies focused solely on economic growth leading to gentrification wage stagnation and environmental degradation echoing Polanyi\u2019s warning.<\/p>\n<p>The challenge remains to ensure that progress benefits everyone and does not erode the social fabric of communities. Balancing these forces is as critical now as it was in Polanyi\u2019s time. Here are some examples of how his idea in \u201cThe Great Transformation\u201d relate to today&#8217;s global atmosphere:<\/p>\n<ol>\n<li>Polanyi argues that self-regulating markets increase income inequality. Market driven growth benefits the wealthy while the working class faces stagnant wages and job insecurity.<\/li>\n<li>Polanyi warned against treating land and labor as commodities, today this has led to environmental damage and climate change the exploitation of natural resources for profit has caused ecological harm sparking a global movement for sustainability and environmental protection.<\/li>\n<li>Polanyi\u2019s double movement \u2014 the drive for market expansion and the pushback for social protection \u2014 shows up in debates over labor standards fair trade and workers\u2019 rights in the globalized economy.<\/li>\n<li>Polanyi\u2019s call for social protection ties into today&#8217;s healthcare Social Security and welfare debates. Governments and organizations seize these policies as crucial to counteract the harms of market driven economies.<\/li>\n<li>The price of populism and nationalism today ties back to Polanyi&#8217;s idea of social dislocation caused by market forces people&#8217;s frustration economic policies that prioritize market efficiency over social well-being has sparked a surgeon of these movements.<\/li>\n<\/ol>\n<p><strong>My takeaway<\/strong><\/p>\n<p>Polanyi\u2019s book brings a wealth of history and information about market economies during the industrial revolution and self-regulating market (SRM), also recognized as \u201csome books refuse to go away\u201d<a href=\"#_ftn8\" name=\"_ftnref8\">[8]<\/a> but there exists the absence of benefit to my life.<\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p>I agree with Polanyi, that&#8217;s the society needs a balance between habitation and improvement for progress. He adds that social stability and human welfare should not be sacrificed for economic growth. He emphasizes the importance of regulation and social protection to defend communities from the harm of unregulated markets in essence he advocates for economic growth that supports social cohesion and well-being.<\/p>\n<p><a href=\"#_ftnref1\" name=\"_ftn1\">[1]<\/a> Clark, Jason Paul, &#8220;Evangelicalism and Capitalism: A Reparative Account and Diagnosis of Pathogeneses in the Relationship&#8221; (2018). Faculty Publications &#8211; Portland Seminary. 132. <a href=\"https:\/\/digitalcommons.georgefox.edu\/gfes\/132\">https:\/\/digitalcommons.georgefox.edu\/gfes\/132<\/a><\/p>\n<p><a href=\"#_ftnref2\" name=\"_ftn2\">[2]<\/a> Polanyi, Karl.\u00a0<em>Great Transformation: The Political and Economic Origins of Our Time<\/em>, Beacon Press, 2001.<em>\u00a0ProQuest Ebook Central<\/em>, http:\/\/ebookcentral.proquest.com\/lib\/georgefox\/detail.action?docID=3117969.<br \/>\nCreated from georgefox on 2024-10-21 05:07:34.<\/p>\n<p><a href=\"#_ftnref3\" name=\"_ftn3\">[3]<\/a> Polanyi, 3.<\/p>\n<p><a href=\"#_ftnref4\" name=\"_ftn4\">[4]<\/a> Polanyi, 3.<\/p>\n<p><a href=\"#_ftnref5\" name=\"_ftn5\">[5]<\/a> Polanyi, 35.<\/p>\n<p><a href=\"#_ftnref6\" name=\"_ftn6\">[6]<\/a> Clark, 124.<\/p>\n<p><a href=\"#_ftnref7\" name=\"_ftn7\">[7]<\/a> Clark, 127.<\/p>\n<p><a href=\"#_ftnref8\" name=\"_ftn8\">[8]<\/a> Polanyi, xviii.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is this book about? I began reading the book, \u201cThe Great Transformation: The Political and Economic Origins of Our Time,\u201d by Karl Polanyi on my flight to Washington DC last month, knowing I would need ample time to mentally digest and process the content. Consequently, articulating my post this week proved difficult. The challenge [&hellip;]<\/p>\n","protected":false},"author":198,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[3317],"class_list":["post-38991","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-dlgp03-polanyi-clark","cohort-dlgp03"],"acf":[],"_links":{"self":[{"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/posts\/38991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/users\/198"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/comments?post=38991"}],"version-history":[{"count":5,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/posts\/38991\/revisions"}],"predecessor-version":[{"id":39003,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/posts\/38991\/revisions\/39003"}],"wp:attachment":[{"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/media?parent=38991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/categories?post=38991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.georgefox.edu\/dlgp\/wp-json\/wp\/v2\/tags?post=38991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}