Material Conditions Polanyi refers to the emergence of market society as “the great transformation” (Polanyi, Kit #16). Discuss what characterizes market society and show why this transformation is so significant. Include a few points about how market society differs from the structures of previous social organizations in order to stress the importance of this development (Heilbroner, Kit #15 and Polanyi, Kit#16). Also, present some of the changes that take place in the workplace (Rinehart, Kit #17). Ideological Conditions Describe the worldview of people in market society according to Weber. Discuss this in terms of the connection between the “Protestant work ethic” and the “spirit of capitalism” (Weber summarized by Bendix, Kit #18). Explain the importance of these ideological conditions for the emergence of market society. Conclude by summarizing why the shift to market society is a fundamental transformation. Include both material and ideological conditions in this conclusion.
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