Market Society or Society of Marketness? An Analysis Based on the Controversy between Karl Polanyi and Douglass North--《Sociological Studies》2011年04期

Karl Polanyi and Douglass North hold totally opposite views on the understanding of the industrial revolution.The former analyses the formation of market society within the framework of mutual benefit,reallocation and market analysis,while the latter is interested in the essential importance of transaction cost and institutional transition to the industrial revolution.This paper attempts to rediscover the implication of modern society and the sense of freedom which is closely related to it by illuminating these two scholars' understandings.