Visual Presentation of Social Matters.

"Usual Presentation of Social Matters" is a 1936 Polanyi lecture, delivered to the Association for Education in Citizenship, which lies in the background of Polanyi's 1940 film Unemployment and Money. Polanyi argues that the complex modern market system is misunderstood by ordinary citizens who subs...

Full description

Bibliographic Details
Published in:Tradition & Discovery Vol. 41; no. 2; pp. 13 - 25
Main Author: Polanyi, Michael
Format: Essay
Published: Polanyi Society 2014/2015
Subjects:
Online Access:View this record in EBSCOhost
Description
Summary:"Usual Presentation of Social Matters" is a 1936 Polanyi lecture, delivered to the Association for Education in Citizenship, which lies in the background of Polanyi's 1940 film Unemployment and Money. Polanyi argues that the complex modern market system is misunderstood by ordinary citizens who subscribe to economic fallacies; this misunderstanding has contributed to violence and turmoil in the twentieth century. Polanyi proposes a program to discover a dynamic visual symbolism ("moving picture writing") that he believes can clearly represent modern economic life, releasing ordinary people from economic fallacies and exasperation and creating "economic consciousness." This economic enlightenment is part of Polanyi's effort to rehabilitate liberalism. He envisions an economic order in which there is freedom and "complete co-ordination" which he suggests already exists in the domain of scientific research.