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Economy/Society; Markets, Meanings, and Social Structure,9780761986416
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Economy/Society; Markets, Meanings, and Social Structure


Author(s): Carruthers, Bruce; Babb, Sarah
ISBN10:  0761986413
ISBN13:  9780761986416
Format:  Paperback
Pub. Date:  9/16/1999
Publisher(s): Pine Forge Press

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SummaryTable of Contents
"The core topics in this engaging book--markets, networks, the workplace, social stratification, economic development, and globalization--are approached with a keen sociological lens, revealing how these diverse economic phenomena are embedded in society in a myriad of ways. ... This book displays the authors' vivid sociological imagination--it tackles big issues and real problems with analytical power and lively ideas. Students, scholars, and, yes, even economists will both enjoy and be rewarded for their time spent with Economy/Society." --Walter W. Powell, Stanford University This book offers an accessible introduction to the various institutional arrangements that govern economic activity, and shows that economic exchanges are deeply embedded in social relationships. It demonstrates that an understanding of how the economy is socially constructed offers rich and novel insights into such topics as advertising, consumer behavior, the diffusion of innovations, conflicts at the workplace, social inequality, and the economic development of nations.

Economy//Society is an accessible introduction to the ways in which economic exchanges are embedded in social relationships. Bruce Carruthers and Sarah Babb tackle big issues and real problems with analytical power and lively ideas. They offer rich and novel insights into such topics as advertising, consumer behaviour, the diffusion of innovations, conflicts in the work place, social inequality and the economic development of nations.
About the Authors vii
Foreword viii
Acknowledgments x
The Embeddedness of Markets
1(14)
Markets and Their Alternatives
2(3)
Markets and Their Preconditions
5(2)
The Embeddedness of Markets
7(3)
The Consequences of Markets
10(1)
The Variety of Capitalisms
10(2)
Outline of the Book
12(3)
Marketing and the Meaning of Things
15(30)
Things and Meaning
20(3)
Commodities as Gifts
23(3)
Consumerism
26(15)
Consumerism and Globalization
41(2)
Conclusion
43(2)
Networks in the Economy
45(26)
What Is a Network?
48(1)
Why Networks Matter
49(4)
Individual Networks
53(6)
Interorganizational Networks
59(6)
The Importance of Networks in Markets
65(4)
Conclusion
69(2)
Organizations and the Economy
71(30)
The Power of the Boss
73(5)
Organizations and Internal Labor Markets
78(6)
The Organizational Context for Conflict
84(2)
Workplace and Personal Life
86(3)
The Formation of an Organizational Economy
89(9)
Conclusion
98(3)
Economic Inequality
101(42)
Inequality in Perspective
103(6)
Inequality and Efficiency
109(3)
Recent Trends in Inequality
112(8)
Race, Gender, and Inequality
120(20)
Conclusion
140(3)
Economic Development
143(38)
Economic Development Defined
145(3)
From The Wealth of Nations to Neoliberalism
148(13)
Toward a New Sociology of Development
161(19)
Conclusion
180(1)
Globalization
181(36)
The Origins of Globalization
182(4)
Globalization Today
186(11)
Globalization and the Future of Market Embeddedness
197(16)
Conclusion
213(4)
Conclusion
217(10)
Markets and Their Side Effects
218(4)
The Embeddedness of Markets
222(3)
The Future of Economy and Society
225(2)
References 227(16)
Glossary/Index 243

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