Rifkin outlines this problem of improvements in technology at an exceeding rapid rate creates conditions where machines can do work that was once done by humans. ... Polanyi's assessment can elucidate the problem and perhaps form possible areas of research and solutions. ... Polanyi's essay or market economies help to illustrate the pitfalls of a completely self-regulating marketplace and pose an important frame of reference for policy and research when investigating labour markets....

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

The results from coercive actions are a decision making process where the costs are also considered, however these decisions are very often spontaneous and often include a very limited information processing technique, strong emotions, and the restraints of a short-time frame (Tedesch & Felson, 1994). ...

• Word Count: 2235
• Approx Pages: 9
• Has Bibliography
• Grade Level: Graduate