Disembedded Markets

Disembedded Markets PDF Author: Christoph Deutschmann
Publisher: Routledge
ISBN: 042987510X
Category : Social Science
Languages : en
Pages : 150

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Book Description
This book offers a sociological analysis of globalised capitalist markets, advancing the notion of ‘disembedded markets’ to challenge the idea of ‘social embeddedness’ common in economic sociology. Avoiding an exclusive focus on institutions, networks and trust relationships surrounding markets, the author concentrates on private property as the key institution of markets, in order to emphasise the historical origins of modern capitalism the free market narrative, and develop a socio-historical analysis of the disembedding process together with an account of the built-in contradictions and limits of market universalisation. Through an analysis of their encompassing character, this volume demonstrates that disembedded markets do not fit standard theoretical accounts of sociality – a problem taken up not only by Karl Marx, but also by Friedrich August von Hayek and Niklas Luhmann – and questions the attempts of the emerging approach of ‘economic theology’ to draw parallels between the practices that arise from disembedded markets and from forms of religious experience and ritual. A rigorous examination of the phenomenon of disembedded markets and the claims to which they give rise concerning the equivalences between religion and capitalism, this book will appeal to scholars of sociology and economics with interests in capitalism, social theory, and global markets.

Disembedded Markets

Disembedded Markets PDF Author: Christoph Deutschmann
Publisher: Routledge
ISBN: 042987510X
Category : Social Science
Languages : en
Pages : 150

Get Book

Book Description
This book offers a sociological analysis of globalised capitalist markets, advancing the notion of ‘disembedded markets’ to challenge the idea of ‘social embeddedness’ common in economic sociology. Avoiding an exclusive focus on institutions, networks and trust relationships surrounding markets, the author concentrates on private property as the key institution of markets, in order to emphasise the historical origins of modern capitalism the free market narrative, and develop a socio-historical analysis of the disembedding process together with an account of the built-in contradictions and limits of market universalisation. Through an analysis of their encompassing character, this volume demonstrates that disembedded markets do not fit standard theoretical accounts of sociality – a problem taken up not only by Karl Marx, but also by Friedrich August von Hayek and Niklas Luhmann – and questions the attempts of the emerging approach of ‘economic theology’ to draw parallels between the practices that arise from disembedded markets and from forms of religious experience and ritual. A rigorous examination of the phenomenon of disembedded markets and the claims to which they give rise concerning the equivalences between religion and capitalism, this book will appeal to scholars of sociology and economics with interests in capitalism, social theory, and global markets.

War and Social Change in Modern Europe

War and Social Change in Modern Europe PDF Author: Sandra Halperin
Publisher: Cambridge University Press
ISBN: 9780521540155
Category : Business & Economics
Languages : en
Pages : 540

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Book Description
Halperin traces the persistence of traditional class structures during the development of industrial capitalism in Europe, and the way in which these structures shaped states and state behavior and generated conflict. She documents European conflicts between 1789 and 1914, including small and medium scale conflicts often ignored by researchers and links these conflicts to structures characteristic of industrial capitalist development in Europe before 1945. This book revisits the historical terrain of Karl Polanyi's The Great Transformation (1944), however, it argues that Polanyi's analysis is, in important ways, inaccurate and misleading. Ultimately, the book shows how and why the conflicts both culminated in the world wars and brought about a 'great transformation' in Europe. Its account of this period challenges not only Polanyi's analysis, but a variety of influential perspectives on nationalism, development, conflict, international systems change, and globalization.

Markets

Markets PDF Author: William A. Jackson
Publisher: Routledge
ISBN: 1317385632
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have tended to adopt simplified axiomatic models or rely on piecemeal case studies. This book argues that an extended range of theory, social as well as economic, can provide a better foundation for the portrayal of markets. The book first looks at the definition of markets, their inadequate treatment in orthodox economic theory, and their historical background in the pre-capitalist and capitalist eras. It then assesses various alternatives to orthodox theory, categorised as social/cultural, structural, functional and ethical approaches. Among the alternatives considered are institutionalist accounts, Marxian views, network models, performativity arguments, field theories, Austrian views and ethical notions of fair trade. A key finding of the book is that these diverse approaches, valuable as they are, could present a more effective challenge to orthodoxy if they were less disparate. Possibilities are investigated for a more unified theoretical alternative to orthodoxy. Unlike most studies of markets, this book adopts a fully interdisciplinary viewpoint expressed in accessible, non-technical language. Ideas are brought together from heterodox economics, social theory, critical realism, as well as other social sciences such as sociology, anthropology and geography. Anybody seeking a broad critical survey of the theoretical analysis of markets will find this book useful and it will be of great interest to economists, social scientists, students and policy-makers.

An Age of Limits

An Age of Limits PDF Author: R. Schroeder
Publisher: Springer
ISBN: 1137314621
Category : Social Science
Languages : en
Pages : 257

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Book Description
An Age of Limits outlines a new social theory for understanding contemporary society. Providing an analysis of why political, economic and cultural powers face constraints across the global North and beyond, this bold book argues that forces which address current challenges must confront the limits of the interplay between dominant institutions.

Capitalism

Capitalism PDF Author: Nancy Fraser
Publisher: John Wiley & Sons
ISBN: 1509525262
Category : Philosophy
Languages : en
Pages : 224

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Book Description
In this important new book, Nancy Fraser and Rahel Jaeggi take a fresh look at the big questions surrounding the peculiar social form known as “capitalism,” upending many of our commonly held assumptions about what capitalism is and how to subject it to critique. They show how, throughout its history, various regimes of capitalism have relied on a series of institutional separations between economy and polity, production and social reproduction, and human and non-human nature, periodically readjusting the boundaries between these domains in response to crises and upheavals. They consider how these “boundary struggles” offer a key to understanding capitalism’s contradictions and the multiple forms of conflict to which it gives rise. What emerges is a renewed crisis critique of capitalism which puts our present conjuncture into broader perspective, along with sharp diagnoses of the recent resurgence of right-wing populism and what would be required of a viable Left alternative. This major new book by two leading critical theorists will be of great interest to anyone concerned with the nature and future of capitalism and with the key questions of progressive politics today.

Eros and Economy

Eros and Economy PDF Author: Barbara Jenkins
Publisher: Routledge
ISBN: 1317398580
Category : Psychology
Languages : en
Pages : 234

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Book Description
Eros and Economy: Jung, Deleuze, Sexual Difference explores the possibility that social relations between things, partially inscribed in their aesthetics, offer important insights into collective political-economic relations of domination and desire. Drawing on the analytical psychology of Carl Jung and the philosophy of Gilles Deleuze, this book focuses on the idea that desire or libido, overlaid by sexual difference, is a driving force behind the material manifestations of cultural production in practices as diverse as art or economy. Re-reading the history of capitalism and aesthetics with an awareness of the forces of sexual difference reveals not just their integral role in the development of capitalist markets, but a new understanding of our political-economic relations as humans. The appearance of the energies of sexual difference is highlighted in a number of different historical periods and political economies, from the Rococo period of pre-revolutionary France, to the aesthetics and economics of Keynesian Bloomsbury, to our contemporary Postmodern sensibility. With these examples, Jenkins demonstrates that the very constitution of capitalist markets is affected by the interaction of these forces; and she argues that a conscious appreciation and negotiation of them is integral to an immanent, democratic understanding of power. With its unique application of Jungian theory, this book provides important new insights into debates surrounding art, aesthetics, and identity politics, as well as into the quest for autonomous, democratic institutions of politics and economics. As such, this book will appeal to researchers, academics and postgraduate students in the fields of Jung, psychoanalysis, political economy, cultural studies and gender studies, as well as those interested in the field of cultural economy.

Business as Usual

Business as Usual PDF Author: Craig J. Calhoun
Publisher: NYU Press
ISBN: 0814772773
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
From religious tomes to current folk prophesies, recorded history reveals a plethora of narratives predicting or showcasing the end of the world. The incident at Waco, the subway bombing by the Japanese cult Aum Supreme Truth, and the tragedy at Jonestown are just a few examples of such apocalyptic scenarios. And these are not isolated incidents; millions of Americans today believe the end of the world is inevitable, either by a divinely ordained plan, nuclear catastrophe, extraterrestrial invasion, or gradual environmental decay, Examining the doomsday scenarios and apocalyptic predictions of visionaries, televangelists, survivalists, and various other endtimes enthusiasts, as well as popular culture, film, music, fashion, and humor, Daniel Wojcik sheds new light on America's fascination with worldly destruction and transformation. He explores the origins of contemporary apocalyptic beliefs and compares religious and secular apocalyptic speculation, showing us the routes our belief systems have traveled over the centuries to arrive at the dawn of a new millennium. Included in his sweeping examination are premillennial prophecy traditions, prophecies associated with visions of the Virgin Mary, secular ideas about nuclear apocalypse, the transformation of apocalyptic prophecy in the post-Cold War era, and emerging apocalyptic ideas associated with UFOs and extraterrestrials. Timely, yet of lasting importance, The End of the World as We Know It is a comprehensive cultural and historical portrait of an age-old phenomenon and a fascinating guide to contemporary apocalyptic fever.

Defensive Nationalism

Defensive Nationalism PDF Author: B. S. Rabinowitz
Publisher: Oxford University Press
ISBN: 0197672035
Category : Political Science
Languages : en
Pages : 305

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Book Description
A stunningly novel account of why populism and fascism are on the rise in the early 21st century. There is no question that we live in paradoxical times. In the most technologically advanced societies, wild conspiracy theories and a broad distrust of science and expertise have created deep political divisions that are splitting nations in two. In Defensive Nationalism, Beth S. Rabinowitz looks at the rise of nativism and populism today by using the works of two great theoreticians: Karl Polanyi and Joseph Schumpeter. Drawing from both theory and history, she combines Polanyi's concept of the "double movement" away from markets and toward social protection with Schumpeter's theory of innovation. Rabinowitz argues that the rapid transformation of transportation and communications during the Industrial Revolution and the Digital Revolution created economic interdependence and capital flows that induced liberal social, economic, and political changes. In response, separate populist movements, stemming from particular national histories and struggles, arose concurrently. Rabinowitz calls these illiberal responses "defensive nationalism" and reframes nationalism as a three-part process: creative, consolidating, and defensive. Constructing new parameters through which we can study these socio-political patterns across time and space, this book weaves together a fascinating narrative that spans two centuries.

Economy's Tension

Economy's Tension PDF Author: Stephen Gudeman
Publisher: Berghahn Books
ISBN: 0857451316
Category : Social Science
Languages : en
Pages : 196

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Book Description
Why are we obsessed with calculating our selections? The author argues that competitive trade nurtures calculative reason, which provides the ground for most discourses on economy. But market descriptions of economy are incomplete. Drawing on a range of materials from small ethnographic contexts to global financial markets, the author shows that economy is dialectically made up of two value realms, termed mutuality and impersonal trade. One or the other may be dominant; however, market reason usually cascades into and debases the mutuality on which it depends. Using this cross-cultural model, the author explores mystifications of economic life, and explains how capital and derivatives can control an economy. The book offers a different conception of economic welfare, development, and freedom; it presents an approach for dealing with environmental devastation, and explains the growing inequalities of wealth within and between nations.

Market and Society

Market and Society PDF Author: C. M. Hann
Publisher: Cambridge University Press
ISBN: 0521519659
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
This volume considers how the work of Polanyi can contribute to our understanding of the relationship between market and society.