In the contemporary socio-economic sphere, Polanyi's analysis of market patterns and progression of markets can become increasingly relevant to investigating current socio-economic policy issues. ... The commodification of labour, makes it much easier for employers to lay off workers as the cost-benefit analysis of hiring employees versus getting new technology for work previously done by labour is important for thriving in competitive market-based economies. ...

• Word Count: 1246
• Approx Pages: 5
• Has Bibliography
• Grade Level: Graduate

The technological theory as discussed by some of the researchers imply that the transfer of technology to textile companies is clarified in the host economies in 4 channels through which the transfer of technology to the textile firms on a domestic level can potentially be an effect of the productiv...

• Word Count: 1488
• Approx Pages: 6
• Has Bibliography
• Grade Level: Graduate

Nevertheless, this discourse has had repercussions in developing new perspectives on development, as post-development arguments have shifted the views on certain aspects of development, including a rapprochement on political economy and cultural analysis. ...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate