To try to reform all the power structures at once would leave us with no power structure to use in our project. In any case, we will be able to see that absolute moral renewal could be attempted only by an absolute power and that a tyrannous force such as this must destroy the whole moral life of man, not renew it.
Michael PolanyiBut the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.
Michael PolanyiThese maxims and the art of interpreting them may be said to constitute the premisses of science but I prefer to call them our scientific beliefs. These premisses or beliefs are embodied in a tradition, the tradition of science.
Michael Polanyi