What makes these economies function is not a policeman protecting every shop window, but rather people’s trust, fairness, and fellow-feeling to honor promises and obey the prevailing rules. Where this social glue is lacking – such as between Israelis and Palestinians – people cannot exploit all of the available economic opportunities.
但是，过去的“大转型”表明，这一观点有失偏颇，因为它忽略了市场经济的社会基础。在这些经济中，契约自愿达成而非通过强制。让这些经济运转起来的不是保护商店窗户不被砸的警察，而是人们的信任、公正，以及对荣誉承诺的归属感和对通行规则的遵守。如果缺少这一社会粘合剂&mdash;&mdash;如同以色列人和巴勒斯坦人&mdash;&mdash;人们就无法利用所有可获得的经济机会。