> "Land could not, in Polanyi's view, be allowed to be the plaything of the self-regulating market for essentially sociological reasons: where people lived dete

> "Land could not, in Polanyi's view, be allowed to be the plaything of the self-regulating market for essentially sociological reasons: where people lived determined who they were, and a self-regulating market that told people they could no longer afford to live in the community where they thought they belonged would trigger such a strong sense of communal injustice to spark the chaos of revolution: That's precisely why land should be left to the market. Because the alternative is not some egalitarian decision making with perfect information. The alternative is allocation of land through the political process, which has historically been used to encourage less than noble ideals like racial segregation and overuse of eminent domain.