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The social order of markets

Theory and Society 38 (3):245-269 (2009)

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  1. The Wealth of Nations.Adam Smith - 1976 - Hackett Publishing Company.
    This thoughtful new abridgment is enriched by the brilliant commentary which accompanies it. In it, Laurence Dickey argues that the _Wealth of Nations_ contains--and conceals--a great deal of how Smith actually thought a commercial society works. Guided by his conviction that the so-called Adam Smith Problem--the relationship between ethics and economics in Smith's thinking--is a core element in the argument of the work itself, Dickey's commentary focuses on the devices Smith uses to ground his economics in broadly ethical and social (...)
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  • Market dynamics as the engine of historical change.Randall Collins - 1990 - Sociological Theory 8 (2):111-135.
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  • When is the state autonomous? Culture, organization theory, and the political sociology of the state.Bruce G. Carruthers - 1994 - Sociological Theory 12 (1):19-44.
    This paper elaborates three approaches to the issue of state autonomy, and uses two empirical cases (British and American treasury policy during the 1930s) to illustrate them. The three approaches are the group affiliations approach, which considers the social characteristics of the individuals who work in an organization; the structural dependance approach, which considers the structural position of the organization within a network of resource flows; and a cultural approach, which considers the role of ideology in the determination of organizational (...)
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  • When Is the State Autonomous? Culture, Organization Theory, and the Political Sociology of the State.Bruce G. Carruthers - 1994 - Sociological Theory 12 (1):19-44.
    This paper elaborates three approaches to the issue of state autonomy, and uses two empirical cases (British and American treasury policy during the 1930s) to illustrate them. The three approaches are the group affiliations approach, which considers the social characteristics of the individuals who work in an organization; the structural dependence approach, which considers the structural position of the organization within a network of resource flows; and a cultural approach, which considers the role of ideology in the determination of organizational (...)
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  • What is sociological about economic sociology? Uncertainty and the embeddedness of economic action.Jens Beckert - 1996 - Theory and Society 25 (6):803-840.
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  • The Protestant Ethic and the Spirit of Capitalism.Max Weber, Talcott Parsons & R. H. Tawney - 2003 - Courier Corporation.
    The Protestant ethic — a moral code stressing hard work, rigorous self-discipline, and the organization of one's life in the service of God — was made famous by sociologist and political economist Max Weber. In this brilliant study (his best-known and most controversial), he opposes the Marxist concept of dialectical materialism and its view that change takes place through "the struggle of opposites." Instead, he relates the rise of a capitalist economy to the Puritan determination to work out anxiety over (...)
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  • Risk, Uncertainty and Profit.Frank H. Knight - 1921 - University of Chicago Press.
    Role of the entrepreneur in a distinct role of profit.
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  • Economy and Society.Max Weber - 2013 - Harvard University Press.
    Published posthumously in the early 1920's, Max Weber's Economy and Society has since become recognized as one of the greatest sociological treatises of the 20th century, as well as a foundational text of the modern sociological imagination. The first strictly empirical comparison of social structures and normative orders conducted in world-historical depth, this two volume set of Economy and Society—now with new introductory material contextualizing Weber’s work for 21st century audiences—looks at social action, religion, law, bureaucracy, charisma, the city, and (...)
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  • Wirtschaft Und Gesellschaft.Max Weber - 1976 - Mohr Siebeck.
    This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps, and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may (...)
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  • Symbolic meanings of prices: Constructing the value of contemporary art in Amsterdam and New York galleries. [REVIEW]Olav Velthuis - 2003 - Theory and Society 32 (2):181-215.
    This article develops a sociological analysis of the price mechanism on the market for contemporary art. On the basis of in-depth interviews with art dealers in New York and Amsterdam, I address two pricing norms: one norm inhibits art dealers from decreasing prices; the other induces them to set prices according to size. To account for these pricing norms, I argue that price setting is not just an economic but also a signifying act: despite their impersonal, businesslike connotations, actors on (...)
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  • Social skills and the theory of fields.Fligstein Neil - 2001 - Sociological Theory 19 (2):105-125.
    The problem of the relationship between actors and the social structures in which they are embedded is central to sociological theory. This paper suggests that the "new institutionalist" focus on fields, domains, or games provides an alternative view of how to think about this problem by focusing on the construction of local orders. This paper criticizes the conception of actors in both rational choice and sociological versions of these theories. A more sociological view of action, what is called "social skill," (...)
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  • Situational determinism in economics.Spiro J. Latsis - 1972 - British Journal for the Philosophy of Science 23 (3):207-245.
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  • The elusive market: Embeddedness and the paradigm of economic sociology. [REVIEW]Greta R. Krippner - 2002 - Theory and Society 30 (6):775-810.
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  • The Economic Theory of Social Institutions.Andrew Schotter - 2008 - Cambridge University Press.
    This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create (...)
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  • The creativity of action.Hans Joas, Jeremy Gaines & Paul Keast - 1998 - Sociological Theory 16 (3):282.
    Hans Joas is one of the foremost social theorists in Germany today. Based on Joas’s celebrated study of George Herbert Mead, this work reevaluates the contribution of American pragmatism and European philosophical anthropology to theories of action in the social sciences. Joas also establishes direct ties between Mead’s work and approaches drawn from German traditions of philosophical anthropology. Joas argues for adding a third model of action to the two predominant models of rational and normative action—one that emphasizes the creative (...)
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  • Emotion, Social Theory, and Social Structure: A Macrosociological Approach.Jack M. Barbalet - 2001 - Cambridge University Press.
    Emotion, Social Theory, and Social Structure takes sociology in a new direction. It examines key aspects of social structure by using a fresh understanding of emotions categories. Through that synthesis emerge new perspectives on rationality, class structure, social action, conformity, basic rights, and social change. As well as giving an innovative view of social processes, J. M. Barbalet's study also reveals unappreciated aspects of emotions by considering fear, resentment, vengefulness, shame, and confidence in the context of social structure. While much (...)
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  • Overcoming path dependency: path generation in open systems. [REVIEW]Marie-Laure Djelic & Sigrid Quack - 2007 - Theory and Society 36 (2):161-186.
    Studies on societal path dependencies tend to focus on mechanisms that anchor and stabilize national trajectories while paying less attention to transnational interactions and multilevel governance. This paper explores processes of path transformation in societies that are presumed to have the characteristics of open systems. Two pairs of case studies are presented and compared. The first illustrates institutional change through collision, when a national path meets with another. The second describes the emergence of transnational institutional paths and the impact of (...)
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  • Foundations of Social Theory.James Samuel Coleman - 1990 - Belknap Press.
    Combining principles of individual rational choice with a sociological conception of collective action, James Coleman recasts social theory in a bold new way. The result is a landmark in sociological theory, capable of describing both stability and change in social systems. This book provides for the first time a sound theoretical foundation for linking the behavior of individuals to organizational behavior and then to society as a whole. The power of the theory is especially apparent when Coleman analyzes corporate actors, (...)
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  • Law, Legislation and Liberty a New Statement of the Liberal Principles of Justice and Political Economy.Friedrich A. von Hayek - 1973 - Routledge.
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  • Trust: Making and Breaking Cooperative Relations.Diego Gambetta (ed.) - 1988 - Blackwell.
    A multidisciplinary study of trust. The papers in this publication address the question of what generates, maintains, substitutes or collapses trusting relations.
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  • The Evolution of Cooperation.Robert M. Axelrod - 1984 - Basic Books.
    The 'Evolution of Cooperation' addresses a simple yet age-old question; If living things evolve through competition, how can cooperation ever emerge? Despite the abundant evidence of cooperation all around us, there existed no purely naturalistic answer to this question until 1979, when Robert Axelrod famously ran a computer tournament featuring a standard game-theory exercise called The Prisoner's Dilemma. To everyone's surprise, the program that won the tournament, named Tit for Tat, was not only the simplest but the most "cooperative" entrant. (...)
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  • Trust: Reason, Routine, Reflexivity.Guido Mollering - 2006 - Elsevier.
    What makes trust such a powerful concept? Is it merely that in trust the whole range of social forces that we know play together? Or is it that trust involves a peculiar element beyond those we can account for? While trust is an attractive and evocative concept that has gained increasing popularity across the social sciences, it remains elusive, its many facets and applications obscuring a clear overall vision of its essence. In this book, Guido Möllering reviews a broad range (...)
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  • Law, Legislation and Liberty.F. A. Hayek - 1982 - Philosophy 57 (220):274-278.
    First published in 1982. Routledge is an imprint of Taylor & Francis, an informa company.
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  • The Social Meaning of Money: Pin Money, Paychecks, Poor Relief, and Other Currencies.Viviana A. Zelizer - 1999 - Science and Society 63 (1):121-122.
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  • Moral views of market society.Marion Fourcade & Kieran Healy - manuscript
    Upon what kind of moral order does capitalism rest? Conversely, does the market give rise to a distinctive set of beliefs, habits, and social bonds? These questions are certainly as old as social science itself. In this review, we evaluate how today's scholarship approaches the relationship between markets and the moral order. We begin with Hirschman's characterization of the three rival views of the market as civilizing, destructive, or feeble in its effects on society. We review recent work at the (...)
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  • Introduction.Sharon Zukin - 1980 - Theory and Society 9 (5):721.
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  • Can We Trust Trust?Diego Gambetta - 1988 - In Trust: Making and Breaking Cooperative Relations. Blackwell. pp. 213-237.
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  • Trust and Power.Niklas Luhmann - 1982 - Studies in Soviet Thought 23 (3):266-270.
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