Beyond the Market :The Social Foundations of Economic Efficiency

Publication subTitle :The Social Foundations of Economic Efficiency

Author: Beckert Jens;Harshav Barbara;;  

Publisher: Princeton University Press‎

Publication year: 2009

E-ISBN: 9781400825448

P-ISBN(Paperback): 9780691049076

Subject: C91 Sociology;F Economic;F0 Economics

Keyword: 社会学,经济学

Language: ENG

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Description

Beyond the Market launches a sociological investigation into economic efficiency. Prevailing economic theory, which explains efficiency using formalized rational choice models, often simplifies human behavior to the point of distortion. Jens Beckert finds such theory to be particularly weak in explaining such crucial forms of economic behavior as cooperation, innovation, and action under conditions of uncertainty--phenomena he identifies as the proper starting point for a sociology of economic action.

Beckert levels an enlightened critique at neoclassical economics, arguing that understanding efficiency requires looking well beyond the market to the social, cultural, political, and cognitive factors that influence the coordination of economic action. Beckert searches social theory for the components of an alternative theory of action, one that accounts for the social embedding of economic behavior. In Durkheim and Parsons he finds especially useful approaches to cooperation; in Luhmann, a way to understand how people act under highly contingent conditions; and in Giddens, an understanding of creative action and innovation. Together, these provide building blocks for a research program that will yield a theoretically sophisticated understanding of how economic processes are coordinated and the ways that markets are embedded in social, cultural, and cognitive structures.

Containing one of the most fully informed critiques of the neoclassical analysis of economic efficiency--as well as one of the most thoughtful blueprints for economic sociology--this book reclaims for sociology the study of one of the most important arenas of human action.

Chapter

Innovation

PART TWO: CONCEPTS

TWO: Émile Durkheim: The Economy as Moral Order

Sociology as the Science of Morality

Durkheim’s Critique of Economics

Economic Institutions as Moral Facts

Anomie and Forced Division of Labor

Stabilizing Economic Relations with Professional Groups

Cooperation and Morality

Appendix: Systematizing the View of the Economy in Sociological Theory: Durkheim through Weber to Parsons

THREE: Talcott Parsons: The Economy as a Subsystem of Society

Economic and Sociological Theory in Parsons’s Early Work

The Economy as the Adaptive Subsystem of Society

The Boundary Processes of the Economy

The Institutional Establishment of Economic Rationality

Cooperation and Interpenetration

FOUR: Niklas Luhmann: The Economy as a Autopoietic System

The Self-Referentiality of the Economy

The Reentry of the Excluded Third Party

System and Action

Five: Anthony Giddens: Actor and Structure in Economic Action

Interpretation and Structuration of Economic Action

Cooperation and Reflextivity

Innovation and Creativity

PART THREE: CONCLUSIONS

SIX: Perspectives for Economic Sociology

NOTES

BIBLIOGRAPHY

INDEX

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