But as there is neither time nor space for all of that, in this book I can trace only two currents of thought and action: first, the current we have seen before, for which Friedrich von Hayek (born in Vienna in 1899) is a convenient marker (that all that needed to be altered was that market- economic institutions had to be purified and perfected, and supported by an antipermissive social and cultural order) and the current we have seen before for which Michael Polanyi’s older brother Karl, born in Vienna in 1886, is the convenient marker (that the market presumes people only have property rights; but society is made up of humans who insist they have more rights; and society would react—left or right, sensibly or stupidly, but powerfully—against the market presumption).

J. Bradford DeLong, Slouching towards utopia: an economic history of the twentieth century, New York, 2022, p. 149