"My title is intended to suggest that the community of scientists is organized in a way which resembles certain features of a body politic and works according to economic principles similar to those by which the production of material goods is regulated"
- Michael Polanyi
About this Quote
This quote by Michael Polanyi suggests that the scientific neighborhood is organized in such a way that resembles a political body, and that it runs according to financial principles. This indicates that the clinical community is structured in a hierarchical way, with particular people having more authority than others. In addition, it recommends that the production of clinical knowledge is controlled by financial concepts, such as the allowance of resources and the department of labor. This indicates that the production of scientific understanding undergoes the very same financial forces that govern the production of material items. Simply put, the production of clinical knowledge goes through the exact same financial laws that govern the production of material goods. This quote highlights the importance of financial principles in the production of clinical understanding, and suggests that the scientific community is arranged in such a way that is similar to a political body.
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