The Economics and Sociology of Capitalism

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Author: Joseph Alois Schumpeter

Publisher: Princeton University Press

ISBN: 9780691003832

Category: Business & Economics

Page: 492

View: 9815

The renowned economist Joseph A. Schumpeter (1883-1950) made seminal contributions not only to economic theory but also to sociology and economic history. His work is now attracting wide attention among sociologists, as well as experiencing a remarkable revival among economists. This anthology, which serves as an excellent introduction to Schumpeter, emphasizes his broad socio-economic vision and his attempt to analyze economic reality from several different perspectives. An ambitious introductory essay by Richard Swedberg uses many new sources to enhance our understanding of Schumpeter's life and work and to help analyze his fascinating character. This essay stresses Schumpeter's ability to draw on several social sciences in his study of capitalism. Some of the articles in the anthology are published for the first time. The most important of these are Schumpeter's Lowell Lectures from 1941, "An Economic Interpretation of Our Time." Also included is the transcript of his lecture "Can Capitalism Survive?" (1936) and the high-spirited debate that followed. The anthology contains many of Schumpeter's classical sociological articles, such as his essays on the tax state, imperialism, and social classes. And, finally, there are lesser known articles on the future of private enterprise, on the concept of rationality in the social sciences, and on the work of Max Weber, with whom Schumpeter collaborated on several occasions.

The Economic Sociology of Capitalism

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Author: Victor Nee,Richard Swedberg

Publisher: Princeton University Press

ISBN: 0691119589

Category: Business & Economics

Page: 457

View: 6777

Contributors examine the nature & workings of capitalism from the perspective of economic sociology.

Joseph A. Schumpeter

His Life and Work

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Author: Richard Swedberg

Publisher: John Wiley & Sons

ISBN: 0745668704

Category: Business & Economics

Page: 304

View: 3376

Joseph A. Schumpeter (1883-1950) is one of the most celebrated authors on the economics and sociology of the twentieth century. Richard Swedberg's new biography provides an engaging and vivid account of Schumpeter's varied life, including his ventures into politics and private banking as well as his academic career. As a backdrop to these, Swedberg also discusses Schumpeter's tragic personal life. This book provides a thorough overview of Schumpeter's writings, and also introduces previously unpublished material based on his letters and interviews. Swedberg emphasizes that Schumpeter saw economics as a form of social investigation, consisting of four fields: economic theory, economic sociology, economic history and statistics. The author describes and analyses Schumpeter's theory of social classes and modern states as well as his more famous theory of the entrepreneur.

Economic Sociology

State, Market, and Society in Modern Capitalism

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Author: Carlo Trigilia

Publisher: John Wiley & Sons

ISBN: 0470692855

Category: Social Science

Page: 304

View: 5757

This book systematically reconstructs the origins and new advances in economic sociology. By presenting both classical and contemporary theory and research, the volume identifies and describes the continuity between past and present, and the move from economics to economic sociology. Most comprehensive and up-to-date overview available by an internationally renowned, award-winning economic sociologist Systematically reconstructs the origins and new advances in economic sociology Organizes the perspectives and methods of economic sociologists of the classical and contemporary eras, including coverage of modernization, globalization, and the welfare state Provides insights into the social consequences of capitalism in the past and present for students of economic sociology.

Max Weber and the Idea of Economic Sociology

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Author: Richard Swedberg

Publisher: Princeton University Press

ISBN: 0691187665

Category: Social Science

Page: N.A

View: 5878

While most people are familiar with The Protestant Ethic and the Spirit of Capitalism, few know that during the last decade of his life Max Weber (1864-1920) also tried to develop a new way of analyzing economic phenomena, which he termed "economic sociology." Indeed, this effort occupies the central place in Weber's thought during the years just before his death. Richard Swedberg here offers a critical presentation and the first major study of this fascinating part of Weber's work. This book shows how Weber laid a solid theoretical foundation for economic sociology and developed a series of new and highly evocative concepts. He not only investigated economic phenomena but also linked them clearly with political, legal, and religious phenomena. Swedberg also demonstrates that Weber's approach to economic sociology addresses a major problem that has haunted economic analysis since the nineteenth century: how to effectively unite an interest-driven type of analysis (popular with economists) with a social one (of course preferred by sociologists). Exploring Weber's views of the economy and how he viewed its relationship to politics, law, and religion, Swedberg furthermore discusses similarities and differences between Weber's economic sociology and present-day thinking on the same topic. In addition, the author shows how economic sociology has recently gained greater credibility as economists and sociologists have begun to collaborate in studying problems of organizations, political structures, social problems, and economic culture more generally. Swedberg's book will be sure to further this new cooperation.

On capitalism

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Author: Víctor Nee,Richard Swedberg

Publisher: Stanford Univ Pr

ISBN: N.A

Category: Business & Economics

Page: 350

View: 7657

This important interdisciplinary work suggests a number of economic as well as sociological reasons why modern capitalism is such a uniquely dynamic force.

The Handbook of Economic Sociology

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Author: Neil J. Smelser,Richard Swedberg

Publisher: Princeton University Press

ISBN: 1400835585

Category: Social Science

Page: 752

View: 1323

The Handbook of Economic Sociology, Second Edition is the most comprehensive and up-to-date treatment of economic sociology available. The first edition, copublished in 1994 by Princeton University Press and the Russell Sage Foundation as a synthesis of the burgeoning field of economic sociology, soon established itself as the definitive presentation of the field, and has been widely read, reviewed, and adopted. Since then, the field of economic sociology has continued to grow by leaps and bounds and to move into new theoretical and empirical territory. The second edition, while being as all-embracing in its coverage as the first edition, represents a wholesale revamping. Neil Smelser and Richard Swedberg have kept the main overall framework intact, but nearly two-thirds of the chapters are new or have new authors. As in the first edition, they bring together leading sociologists as well as representatives of other social sciences. But the thirty chapters of this volume incorporate many substantial thematic changes and new lines of research--for example, more focus on international and global concerns, chapters on institutional analysis, the transition from socialist economies, organization and networks, and the economic sociology of the ancient world. The Handbook of Economic Sociology, Second Edition is the definitive resource on what continues to be one of the leading edges of sociology and one of its most important interdisciplinary adventures. It is a must read for all faculty, graduate students, and undergraduates doing work in the field. A thoroughly revised and updated version of the most comprehensive treatment of economic sociology available Almost two-thirds of the chapters are new or have new authors Authors include leading sociologists as well as representatives of other social sciences Substantial thematic changes and new lines of research, including more focus on international and global concerns, institutional analysis, the transition from socialist economies, and organization and networks The definitive resource on what continues to be one of the leading edges of sociology and one of its most important interdisciplinary adventures A must read for faculty, graduate students, and undergraduates doing work in the field

The Architecture of Markets

An Economic Sociology of Twenty-First-Century Capitalist Societies

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Author: Neil Fligstein

Publisher: Princeton University Press

ISBN: 069118626X

Category: Business & Economics

Page: N.A

View: 1783

Between Slavery and Capitalism

The Legacy of Emancipation in the American South

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Author: Martin Ruef

Publisher: Princeton University Press

ISBN: 1400852641

Category: Social Science

Page: 304

View: 4149

At the center of the upheavals brought by emancipation in the American South was the economic and social transition from slavery to modern capitalism. In Between Slavery and Capitalism, Martin Ruef examines how this institutional change affected individuals, organizations, and communities in the late nineteenth century, as blacks and whites alike learned to navigate the shoals between two different economic worlds. Analyzing trajectories among average Southerners, this is perhaps the most extensive sociological treatment of the transition from slavery since W.E.B. Du Bois's Black Reconstruction in America. In the aftermath of the Civil War, uncertainty was a pervasive feature of life in the South, affecting the economic behavior and social status of former slaves, Freedmen's Bureau agents, planters, merchants, and politicians, among others. Emancipation brought fundamental questions: How should emancipated slaves be reimbursed in wage contracts? What occupations and class positions would be open to blacks and whites? What forms of agricultural tenure could persist? And what paths to economic growth would be viable? To understand the escalating uncertainty of the postbellum era, Ruef draws on a wide range of qualitative and quantitative data, including several thousand interviews with former slaves, letters, labor contracts, memoirs, survey responses, census records, and credit reports. Through a resolutely comparative approach, Between Slavery and Capitalism identifies profound changes between the economic institutions of the Old and New South and sheds new light on how the legacy of emancipation continues to affect political discourse and race and class relations today.

Economic Sociology

An Introduction

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Author: Jeff Hass

Publisher: Routledge

ISBN: 1134164254

Category: Business & Economics

Page: 272

View: 5861

This insightful key resource presents the clearest, most comprehensive and wide ranging account of economic sociology to date. Hass presents a critical and sophisticated yet approachable analysis of economic behaviour and phenomena. He makes the insights, claims, and logic of economic sociology interactive and accessible to students, while exposing the realities of today’s complex economic world and the challenges of studying economies and societies. This introductory text: provides a sophisticated yet approachable analysis of economic behaviour and phenomena explores economic structures and change from a global perspective-by using comparisons and data from the United States, Europe, East Asia, Latin America, and post-socialist countries shows how domestic and international economic forces work over time to shape modern economies takes a critical perspective of both economic sociology and economics to establish useful insights presents historical narratives showing the development of today’s economic structures and institutions addresses important economic issues directly impacting on students’ lives—from the more visible (economic inequality and organizations) to the less visible (international economic trends, public policy, post-socialism). Incorporating illustrations, case studies, a glossary, chapter notes, and a comprehensive bibliography, this student-friendly text also puts forward suggestions for further project work by showing the reader areas that require further investigation.

Marshall and Schumpeter on Evolution

Economic Sociology of Capitalist Development

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Author: Yuichi Shionoya,Tamotsu Nishizawa

Publisher: Edward Elgar Publishing

ISBN: 1848446160

Category: Biography & Autobiography

Page: 285

View: 515

This collection of essays offers a fresh and challenging interpretation which departs from the received views of two giants among the greatest economists of all times. Distinguished scholars of Marshall and Schumpeter engage in a lively discussion of their work and convincingly argue that, despite their differences, they shared a common drive towards a broader type of social science beyond economics. It is an intriguing account that will not fail to attract and fascinate the majority of readers. Maria Cristina Marcuzzo, Università di Roma, Italy Ever since the development of the theory of biological evolution in the middle of the nineteenth century, evolutionary doctrine has posed challenges to economics. These came directly from the work of Darwin and Huxley and indirectly through economic history and the juxtaposition of dynamics with comparative statics the approach widely adopted by economists by the end of the century. The eminent historians of economics, Yuichi Shionoya and Tamotsu Nishizawa, together with a distinguished team of specialists, have produced an important set of essays that examine the positions on evolution of Marshall and Schumpeter and the economists who surrounded them. This collection is a valuable contribution to the history of economics and is highly relevant to controversies that rage still in the economics discipline today. Craufurd Goodwin, Duke University, US Traditionally it was understood that while Marshall was the synthesizer of neoclassical economics, Schumpeter challenged the dynamic conception of the economy in place of the static structure of economics. While historians of economic thought rarely discuss the work of Alfred Marshall and Joseph Schumpeter jointly, the contributors to this book do exactly this from the perspective of evolutionary thought. This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from the received view on the nature of the works of Marshall and Schumpeter, the contributors explore their themes in terms of an evolutionary vision and method of evolution; social science and evolution; conceptions of evolution; and evolution and capitalism. This timely resource will provide a stimulus not only to Marshall and Schumpeter scholarship within the history of economic thought but also to the recent efforts of economists to explore a research field beyond mainstream equilibrium economics. It will therefore prove a fascinating read for academics, students and researchers of evolutionary and heterodox economics and historians of economic thought.

Imagined Futures

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Author: Jens Beckert

Publisher: Harvard University Press

ISBN: 0674545893

Category: Social Science

Page: 383

View: 7296

Consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How do these actors assess uncertainty? Jens Beckert adds a new chapter to the theory of capitalism by showing how fictional expectations drive modern economies—or throw them into crisis when imagined futures fail to materialize.

Capitalism, Socialism and Democracy

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Author: Joseph A. Schumpeter

Publisher: Routledge

ISBN: 1134841507

Category: Business & Economics

Page: 460

View: 2701

Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted that `for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated. Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.

Economic Sociology

A Systematic Inquiry

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Author: Alejandro Portes

Publisher: Princeton University Press

ISBN: 1400835178

Category: Business & Economics

Page: 320

View: 7197

The sociological study of economic activity has witnessed a significant resurgence. Recent texts have chronicled economic sociology's nineteenth-century origins while pointing to the importance of context and power in economic life, yet the field lacks a clear understanding of the role that concepts at different levels of abstraction play in its organization. Economic Sociology fills this critical gap by surveying the current state of the field while advancing a framework for further theoretical development. Alejandro Portes examines economic sociology's principal assumptions, key explanatory concepts, and selected research sites. He argues that economic activity is embedded in social and cultural relations, but also that power and the unintended consequences of rational purposive action must be factored in when seeking to explain or predict economic behavior. Drawing upon a wealth of examples, Portes identifies three strategic sites of research--the informal economy, ethnic enclaves, and transnational communities--and he eschews grand narratives in favor of mid-range theories that help us understand specific kinds of social action. The book shows how the meta-assumptions of economic sociology can be transformed, under certain conditions, into testable propositions, and puts forward a theoretical agenda aimed at moving the field out of its present impasse.

Inequality in Economics and Sociology

New Perspectives

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Author: Gilberto Antonelli,Boike Rehbein

Publisher: Routledge

ISBN: 1317193148

Category: Business & Economics

Page: 246

View: 3130

Inequality remains one of the most intensely discussed topics on a global level. As well as figuring prominently in economics, it is possibly the most central topic of sociology. Despite this, there has been no book until now that unites approaches from economics and sociology. Organized thematically, this volume brings international scholars together to offer students and researchers a cutting-edge overview of the core topics of inequality research. Chapters cover: the theoretical traditions in economics and sociology; the global and national structures of inequality in the contemporary world; the main dimensions of inequality (including gender, race, caste, migration, education and poverty); and research methodology. In presenting this overview, Inequality in Economics and Sociology seeks to build a bridge between the disciplines and the approaches. This book offers an encompassing understanding of an increasingly fragmented and highly specialized field of research. It will be invaluable for students and researchers seeking a single repository on the current state of knowledge, current debates and relevant literature in this key area.

Media and New Capitalism in the Digital Age

The Spirit of Networks

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Author: E. Fisher

Publisher: Springer

ISBN: 0230106064

Category: Social Science

Page: 259

View: 9860

This book explores the new terrain of network capitalism through the transformations of the discourse on technology. Rather than viewing such discourse as either a true or false reflection of reality, Fisher evaluates the ideological role that technology discourse plays in the legitimation of a new form of capitalism. Based on an extensive empirical analysis, the book argues that contemporary technology discourse at one and the same time promises more personal empowerment through network technology and legitimates a more privatized, flexible, and precarious economic constellations. Such discourse signals a new tradeoff in the political culture of capitalism, from a legitimation discourse which emphasizes the capacity of technology and technique to bring about social emancipation (through equality, stability, and security) to a legitimation discourse which focuses on the capacity of technology to bring about individual emancipation (through individual empowerment, authenticity, creativity, and cooperation). Contrary to the prevailing assumption that sees network technology as liberating from the rigidity and pitfalls of a stifling, Fordist capitalism, the book offers a theoretical framework which sees contemporary technology discourse as an ideology that legitimates the economic, social, and political arrangements of the new capitalism.

Cold Intimacies

The Making of Emotional Capitalism

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Author: Eva Illouz

Publisher: John Wiley & Sons

ISBN: 0745658075

Category: Social Science

Page: 144

View: 8961

It is commonly assumed that capitalism has created an a-emotional world dominated by bureaucratic rationality; that economic behavior conflicts with intimate, authentic relationships; that the public and private spheres are irremediably opposed to each other; and that true love is opposed to calculation and self-interest. Eva Illouz rejects these conventional ideas and argues that the culture of capitalism has fostered an intensely emotional culture in the workplace, in the family, and in our own relationship to ourselves. She argues that economic relations have become deeply emotional, while close, intimate relationships have become increasingly defined by economic and political models of bargaining, exchange, and equity. This dual process by which emotional and economic relationships come to define and shape each other is called emotional capitalism. Illouz finds evidence of this process of emotional capitalism in various social sites: self-help literature, women's magazines, talk shows, support groups, and the Internet dating sites. How did this happen? What are the social consequences of the current preoccupation with emotions? How did the public sphere become saturated with the exposure of private life? Why does suffering occupy a central place in contemporary identity? How has emotional capitalism transformed our romantic choices and experiences? Building on and revising the intellectual legacy of critical theory, this book addresses these questions and offers a new interpretation of the reasons why the public and the private, the economic and the emotional spheres have become inextricably intertwined.

Sociology, Capitalism, Critique

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Author: Hartmut Rosa,Stephan Lessenich,Klaus Dörre

Publisher: Verso Books

ISBN: 1781689334

Category: Philosophy

Page: 352

View: 4019

Three radical perspectives on the critique of capitalism For years, the critique of capitalism was lost from public discourse; the very word “capitalism” sounded like a throwback to another era. Nothing could be further from the truth today. In this new intellectual atmosphere, Sociology, Capitalism, Critique is a contribution to the renewal of critical sociology, founded on an empirically grounded diagnosis of society’s ills. The authors, Germany’s leading critical sociologists—Klaus Dörre, Stephan Lessenich, and Hartmut Rosa—share a conviction that ours is a pivotal period of renewal, in which the collective endeavour of academics can amount to an act of intellectual resistance, working to prevent any regressive development that might return us to neoliberal domination. The authors discuss key issues, such as questions of accumulation and expropriation; discipline and freedom; and the powerful new concepts of activation and acceleration. Their politically committed sociology, which takes the side of the losers in the current crisis, places society’s future well-being at the centre of their research. Their collective approach to this project is a conscious effort to avoid co-optation in the institutional practices of the academy. These three differing but complementary perspectives serve as an insightful introduction to the contemporary themes of radical sociology in capitalism’s post-crisis phase. From the Trade Paperback edition.

The Economic Organization of East Asian Capitalism

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Author: Marco Orru,Nicole Woolsey Biggart,Gary Hamilton

Publisher: SAGE

ISBN: 9780761904809

Category: Business & Economics

Page: 426

View: 6482

East Asia's dynamic entrance into the global economy has provided a fruitful avenue for research in economic sociology. In this perceptive and timely volume, the authors theorize Asian capitalism and analyze the economic organization of East Asia. Presenting differing dimensions of a Weberian perspective, the authors first provide a theoretical grounding, then consider capitalism in East Asia comparatively, and finally contrast the economies of East Asia and Europe. The book shows how radically different social and cultural institutions can lead to economies that are organized in remarkably similar ways.

Global Capitalism

A Sociological Perspective

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Author: Miguel A. Centeno,Joseph N. Cohen

Publisher: John Wiley & Sons

ISBN: 0745655947

Category: Political Science

Page: 180

View: 7623

The global financial crisis has challenged many of our most authoritative economic ideologies and policies. After thirty years of reshaping the world to conform to the market, governments and societies are now calling for a retreat to a yet undefined new economic order. In order to provide a guide to what the twenty-first-century economy might look like, this book revisits the great project of Global Capitalism. What did it actually entail? How far did it go? What were its strengths and failings? By deconstructing its core ideas and examining its empirical record, can we gain clues about how to move forward after the crisis? Miguel Centeno and Joseph Cohen define capitalism as a historically-evolving and socially-constructed institution, rooted in three core economic activities trade, finance and marketing and identify the three key challenges that any new economic system will need to surmount inequality, governance, and environmental sustainability. This accessible and engaging book will be essential reading for students of economic sociology, and all those interested in the construction of our economic future.