Explain what Polanyi means by the concepts of ‘embeddedness’ and the ‘double movement’, providing modern day illustrations of each.

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Write a 1,000-word essay on one of the following topics.
1. Explain what Polanyi means by the concepts of ‘embeddedness’ and the ‘double movement’, providing modern day illustrations of each.
2. Discuss how equity markets have developed over time, paying particular attention to technological innovation.
Notes for Students
These two topics are based on the first three lectures of the course and you will find a range of resources therein. However, although some key conceptual markers can be found in the lecture material, good answers will do more than simply reproduce the ppt slides. Evidence of reading beyond the module’s reading list is generally well rewarded, as is the attempt to offer original insights or opinions, provided that these are informed or supported by wider evidence. There are over 250 of you registered on this module and I want to read over 250 different essays.
Make sure that referencing is sound both throughout the essay and in a final bibliography. NB: the bibliography is not part of the word count.
Essays should be submitted via the link on Keats by 10am on March the 3rd. The coursework is worth 30% of the overall module grade. Both formative and summative feedback will be given that will be of use for final exam preparation.

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