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Sociology Optional PYQ Solutions · Model answer

Analyse the social impact of market economy on traditional societies.

  • UPSC 2010
  • Works and Economic Life

Karl Polanyi (The Great Transformation, 1944) argued that in pre-modern societies the economy was embedded in social relations and ran on reciprocity, redistribution and householding. The self-regulating market reversed this, embedding society in the economy and turning land, labour and money into "fictitious commodities". Its impact on traditional societies can be analysed across five linked…

You are reading the opening of the model answer. The full answer is part of Sociology Optional PYQ Solutions.

What the full answer covers

  • 1. Economic relations: from status to contract
  • 2. Stratification: caste and class separate
  • 3. Kinship, gender and community
  • 4. Moral economy and resistance
  • 5. Culture: adaptation, not simple erosion
  • Contemporary evidence
  • …and 1 more sections, with a conclusion

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