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 PolanyiWe could not, for example, arrive at a principle like that of entropy without introducing some additional principle, such as randomness, to this topography.
Michael PolanyiA free society is regarded as one that does not engage, on principle, in attempting to control what people find meaningful, and a totalitarian society is regarded as one that does, on principle, attempt such control.
Michael PolanyiWe cannot ultimately specify the grounds (either metaphysical or logical or empirical) upon which we hold that our knowledge is true. Being committed to such grounds, dwelling in them, we are projecting ourselves to what we believe to be true from or through these grounds. We cannot therefore see what they are. We cannot look at them because we are looking with them.
Michael Polanyi