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  1. Disembedded markets as a mirror of society: Blind spots of social theory.Christoph Deutschmann - 2015 - European Journal of Social Theory 18 (4):368-389.
    In the Marxist tradition, capitalism is understood as a commodified society based on markets. The article argues that the ultimate justification of this position does not lie in any ‘materialistic’ approach, but in the disembedding of markets that was the result of the historical ‘Great Transformation’ analysed by Karl Polanyi. Disembedded markets are not an economic subsystem within society but take the place of the most encompassing social system, which Durkheim had reserved for religion. The article distinguishes between spatial, social, (...)
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  • The significance of religious imagery in The Philosophy of Money: Money and the transcendent character of life.Kristie O’Neill & Daniel Silver - 2014 - European Journal of Social Theory 17 (4):389-406.
    This article seeks to understand a puzzling aspect of Georg Simmel’s The Philosophy of Money, namely, the many religious analogies Simmel uses to characterize money. We argue that with these analogies Simmel indicates how what he would later term ‘the transcendent character of life’ permeates mundane monetary interactions. Specifically, we articulate how key religious forms of experience – faith, unity, and individuality – exist in monetary exchange and point toward a distinctively Simmelian way to understand the interplay between religion and (...)
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