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Author: Pierre Bourdieu Publisher: John Wiley & Sons ISBN: 0745681638 Category : Social Science Languages : en Pages : 180
Book Description
Much orthodox economic theory is based on assumptions which aretreated as self-evident: supply and demand are regarded asindependent entities, the individual is assumed to be a rationalagent who knows his interests and how to make decisionscorresponding to them, and so on. But one has only to examine aneconomic transaction closely, as Pierre Bourdieu does here for thebuying and selling of houses, to see that these abstractassumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, whichcan decide, for example, whether to promote private housing orcollective provision. And the individuals involved in thetransaction are immersed in symbolic constructions whichconstitute, in a strong sense, the value of houses, neighbourhoodsand towns. The abstract and illusory nature of the assumptions of orthodoxeconomic theory has been criticised by some economists, butBourdieu argues that we must go further. Supply, demand, the marketand even the buyer and seller are products of a process of socialconstruction, and so-called 'economic' processes can be adequatelydescribed only by calling on sociological methods. Instead ofseeing the two disciplines in antagonistic terms, it is time torecognize that sociology and economics are in fact part of a singlediscipline, the object of which is the analysis of social facts, ofwhich economic transactions are in the end merely one aspect. This brilliant study by the most original sociologist of post-warFrance will be essential reading for students and scholars ofsociology, economics, anthropology and related disciplines.
Author: Pierre Bourdieu Publisher: John Wiley & Sons ISBN: 0745681654 Category : Social Science Languages : en Pages : 180
Book Description
Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and towns. The abstract and illusory nature of the assumptions of orthodox economic theory has been criticised by some economists, but Bourdieu argues that we must go further. Supply, demand, the market and even the buyer and seller are products of a process of social construction, and so-called ‘economic' processes can be adequately described only by calling on sociological methods. Instead of seeing the two disciplines in antagonistic terms, it is time to recognize that sociology and economics are in fact part of a single discipline, the object of which is the analysis of social facts, of which economic transactions are in the end merely one aspect. This brilliant study by the most original sociologist of post-war France will be essential reading for students and scholars of sociology, economics, anthropology and related disciplines.
Author: Pierre Bourdieu Publisher: John Wiley & Sons ISBN: 0745681638 Category : Social Science Languages : en Pages : 180
Book Description
Much orthodox economic theory is based on assumptions which aretreated as self-evident: supply and demand are regarded asindependent entities, the individual is assumed to be a rationalagent who knows his interests and how to make decisionscorresponding to them, and so on. But one has only to examine aneconomic transaction closely, as Pierre Bourdieu does here for thebuying and selling of houses, to see that these abstractassumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, whichcan decide, for example, whether to promote private housing orcollective provision. And the individuals involved in thetransaction are immersed in symbolic constructions whichconstitute, in a strong sense, the value of houses, neighbourhoodsand towns. The abstract and illusory nature of the assumptions of orthodoxeconomic theory has been criticised by some economists, butBourdieu argues that we must go further. Supply, demand, the marketand even the buyer and seller are products of a process of socialconstruction, and so-called 'economic' processes can be adequatelydescribed only by calling on sociological methods. Instead ofseeing the two disciplines in antagonistic terms, it is time torecognize that sociology and economics are in fact part of a singlediscipline, the object of which is the analysis of social facts, ofwhich economic transactions are in the end merely one aspect. This brilliant study by the most original sociologist of post-warFrance will be essential reading for students and scholars ofsociology, economics, anthropology and related disciplines.
Author: Sharon Zukin Publisher: CUP Archive ISBN: 9780521376785 Category : Business & Economics Languages : en Pages : 468
Book Description
Although market importance is acknowledged, this work's emerging theme is the need to account for the ways in which multiple forms of social organization -- elite groups, communities & government structures -- influence economic processes.
Author: David Michael Kotz Publisher: Cambridge University Press ISBN: 9780521459044 Category : Business & Economics Languages : en Pages : 340
Book Description
The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.
Author: Bruce G. Carruthers Publisher: Pine Forge Press ISBN: 9780761986416 Category : Social Science Languages : en Pages : 268
Book Description
Economy/Society provides an introduction to the ways in which economic exchanges are embedded in social relationships. It offers insights into advertising, consumer behaviour, conflicts in the work place, social inequality and other issues.
Author: Mark Granovetter Publisher: Harvard University Press ISBN: 0674975219 Category : Business & Economics Languages : en Pages : 254
Book Description
A work of exceptional ambition by the founder of modern economic sociology, this first full account of Mark Granovetter’s ideas stresses that the economy is not a sphere separate from other human activities but is deeply embedded in social relations and subject to the same emotions, ideas, and constraints as religion, science, politics, or law.
Author: W. Brian Arthur Publisher: CRC Press ISBN: 0429976267 Category : Mathematics Languages : en Pages : 428
Book Description
A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually changing?continually in process. The interacting agents are typically heterogeneous, they must cognitively interpret the problems they face, and together they create the structures?markets, legal and social institutions, price patters, expectations?to which they individually react. Such structures may never settle down. Agents may forever adapt and explore and evolve their behaviors within structures that continually emerge and change and disappear?structures these behaviors co-create. This complexity approach does not replace the equilibrium one?it complements it.The papers here collected originated at a recent conference at the Santa Fe Institute, which was called to follow up the well-known 1987 SFI conference organized by Philip Anderson, Kenneth Arrow, and David Pines. They survey the new study of complexity and the economy. They apply this approach to real economic problems and they show the extent to which the initial vision of the 1987 conference has come to fruition.
Author: McDonough, Terrence Publisher: Edward Elgar Publishing ISBN: 1788975979 Category : Business & Economics Languages : en Pages : 424
Book Description
This pioneering Handbook offers a state-of-the-art exploration of the social structure of accumulation theory, a leading theory of stages of capitalism, expertly summarising its development to date. It breaks new ground in several areas, including econometric evidence for the theory and developing institutional analyses of technology and the environment.
Author: Terrence McDonough Publisher: Cambridge University Press ISBN: 0521515165 Category : Business & Economics Languages : en Pages : 375
Book Description
This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the "neoliberal," or "free-market," form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.
Author: Frank Dobbin Publisher: Russell Sage Foundation ISBN: 1610448421 Category : Social Science Languages : en Pages : 456
Book Description
The new economic sociology is based on the theory that patterns of economic behavior are shaped by social factors. The Sociology of the Economy brings together a dozen path-breaking empirical studies that explore how social forces—such as shifts in political power, the influence of social networks, or the spread of new economic ideas—shape real-world economic behavior. The contributors—all leading economic sociologists—show these social forces at work in a diverse range of international settings and historical circumstances. Examining why so many American banks followed industry leaders into foreign markets in the 1970s, only to pull back within a few years, Mark Mizruchi and Gerald Davis suggest that social emulation rather than rational calculation led banks to expand globally before there was any evidence that foreign offices paid off. William Schneper and Mauro Guillé show that despite the international diffusion of the hostile takeover during the last twenty years, the practice became widespread only in countries with political institutions conducive to buying and selling entire companies. Thus during the 1990s, the United States and United Kingdom. saw hundreds of hostile takeover bids, while Germany had only a handful, and Japan just one. Deborah Davis explores resistance to the globalization of Western ideas about real-estate ownership—particularly in China where the government has had little success in instituting a market system in place of traditional, family-based real-estate inheritance. And Richard Scott examines the controversial rise of managed care in the American healthcare system, as the quest for market efficiency collided with the ideal of equity in access to health care. Together, these studies provide compelling evidence that economic behavior is not ruled by immutable laws, and is but one realm of social behavior, with its own conventions, roles, and social structures. The Sociology of the Economy demonstrates the vitality of empirical research in the field of economic sociology and the power of sociological models in explaining how markets operate.
Author: Pierre Bourdieu
Author: Pierre Bourdieu
Author: Pierre Bourdieu
Author: Sharon Zukin
Author: David Michael Kotz
Author: Bruce G. Carruthers
Author: Mark Granovetter
Author: W. Brian Arthur
Author: McDonough, Terrence
Author: Terrence McDonough
Author: Frank Dobbin