Who is right about the modern economy: Polanyi, Zelizer, or both?

The Organizational Gift and Sociological Approaches to Exchange

“…According to this view, Zelizer's work can be read as an attempt to explore the "hyper-monetized" world in which the substantive and the formal approach of the economy merge (see Zelizer 2005Zelizer , 2011. I have developed some aspects of this idea further in a previous paper (Steiner 2009). to provide for itself all the necessary elements of its economy; reciprocity means that there exist forms of exchange which involve commerce between groups of a given society, so that group A gives something to group B, which then reciprocates; redistribution means that a central agency collects part of what is produced by economic entities, and then redistributes a portion of the resources collected back to those entities; and, inally, market exchange involves the rules of exchange and of market price, and which depends on the relation between supply and demand.…”

Social development in market society by intrinsic value account: a case of China

“…These different forms of sex behavior could probably enhance sex freedom, satisfy sex hunger of great amount of single peasant workers, mitigate some psychological and physiological diseases, and even represent a new way of living style (Levitt, 1988), but currently, they are difficult to be accepted by most Chinese. While some sociologists pointed out that the society is evolutionary, and some formal or informal social norms or institutions would evolve (Zelizer, 1994(Zelizer, , 2005Steiner, 2009), this transformation was too great and rapid for Chinese to accustom in only 30 years.…”

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“…There is no evident or clear division between professional and amateur criticism in the present (Steiner 2008(Steiner & 2009. It has been argued that a new kind of amateur has emerged, a group called "the Pro-Ams" (Leadbeater & Miller 2004).…”