“Capital” and “Labour” confront each other independent of the will of individual capitalists and laborers… Again and again it is the case that despite available machinery and natural resources, employable work forces and pressing, unsatisfied needs the production apparatus stands still as if lamed and no earthly power would be able to set it once again in motion. Not human will, but prices decide which direction labour must go. Not human will, but interest rates command capital… Capitalists, like laborers, like people in general appear as a mere accessory on the business stage.

-Karl Polanyi, “Über die Freiheit”

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