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A work of exceptional ambition by the founder of modern economic sociology, this first full account of Mark Granovetter’s ideas stresses that the economy is not a sphere separate from other human activities but is deeply embedded in social relations and subject to the same emotions, ideas, and constraints as religion, science, politics, or law.
Economy and Society is a major landmark in the recent emergence of economic sociology. Robert J. Holton provides a major new synthesis of social scientific thinking on the inter-relationship between economy and society arguing for the importance of politics and culture to the functioning of the economy and drawing on the strengths but avoiding the weaknesses of economic liberalism and political economy.
Work is, and always will be, a central institution of society. What makes a capitalist society unique is that it treats the human capacity to engage in labor as a basic commodity. This can be a source of dynamism, as when innovative firms raise wages to attract the best and brightest. But it can also be a source of misery, as when one’s skills are suddenly rendered obsolete by forces beyond one’s control. Jeffrey J. Sallaz asks us to rethink our basic assumptions about work. Drawing on cutting-edge theories within economic sociology and through the use of contemporary examples, he conceptualizes labor as embedded exchange. This draws attention to issues that all too frequently are overlooked in our public discourse and private imaginations: how various forms of work are classified and valued; how markets for labor operate in practice; and how people can challenge the central fiction that their work is simply a commodity to be bought and sold. This readable and engaging book is suitable for both graduate and advanced undergraduate students. It will be of interest to economic sociologists, scholars of labor, and all of those who find themselves working for a living.
This book provides an indispensable introduction to Weber's Economy and Society, and should be mandatory reading for social scientists who are interested in Weber. The various contributions to this volume, all written by important Weberian scholars, present the culmination of decades of debates about Weber's various concepts and theories. They are sure guides in the maze of conflicting interpretations, and draw out the implications of Weber's sociology for understanding social change in the 21st century. Gil Eyal, Columbia University Many will value this as the best collection of essays on Max Weber in the English language. It surpasses prior studies in using Weber and the world of his endeavors as entry points into the central issues of social science today. Richard Biernacki, University of California, San Diego"
"This remarkable book should be the standard work for a long time. A true comparative study, it relates the experience of all the main countries (and sometimes others) to a series of key issues that are deftly analyzed and not just described. In addition to the basics--production, consumption, food, finance and organization--the book deals with such famous themes as war as the bringer-of-growth and stimulus-to-technology, and such special questions as the exploitation of occupied areas and economic warfare. Throughout, Professor Milward of Manchester relates economics to strategy in an illuminating way."--Foreign Affairs "An admirable state-of-the-arts report on what we know about how agriculture, population, technology, labor, industrial production, and public finance were affected by the war. He also sets out some highly challenging findings concerning the rationale and effectiveness of economic strategy as applied b the main powers. And he has tentatively advanced some large concepts about the nature of advanced economies as revealed by the manner in which they strove to cope with the war. His approach is broadly comparative: he gives us an account not only of the relative economic performance of individual European powers, but also of the Japanese and American war economies, plus a few observations on the situation in many smaller countries from Australia to Yugoslavia. The book is a mine of information and arresting concepts."--American Historical Review "Milward displays an impressive mastery of his material, both from a historical and economic point of view. He uses quantification effectively, but the book can be read with ease and pleasure by those who are neither trained in nor interested in econometrics. Lucidly written, this superb work deserves a much wider audience than merely specialists."--Journal of Economic Literature "Milward's portrayal of events operates on the proposition that strategic deicions cannot be understood apart from the economic considerations which each leader or government had to take into account. . . . a permanent contribution to our understanding of World War II. Henceforth it will be hard to escape his contention that the big battalions that counted were those on the production line."--Journal of Interdisciplinary History
This book brings together a classic collection of Andrew Sherratt's work on the economic foundations of prehistoric Europe, which have put forward important new ideas about the development of farming, pastoralism, early technology and trade. In a series of contributions that have included wide-ranging syntheses and detailed local studies, he discusses their implications for the understanding of settlement-patterns, social structures, material culture, and less tangible aspects of prehistoric life such as the spread of languages and the use of narcotics.
Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.
This volume is designed as a contribution to the synthesis of theory ineconomics and sociology. We believe that the degree of separationbetween these two disciplines separation emphasized by intellectualtraditions and present institutional arrangements arbitrarily concealsa degree of intrinsic intimacy between them which must be brought tothe attention of the respective professional groups.
Economy/Society provides an introduction to the ways in which economic exchanges are embedded in social relationships. It offers insights into advertising, consumer behaviour, conflicts in the work place, social inequality and other issues.
A new translation of two celebrated lectures on politics, academia, and the disenchantment of the world. The German sociologist Max Weber is one of the most venturesome, stimulating, and influential theorists of the modern condition. Among his most significant works are the so-called vocation lectures, published shortly after the end of World War I and delivered at the invitation of a group of student activists. The question the students asked Weber to address was simple and haunting: In a modern world characterized by the division of labor, economic expansion, and unrelenting change, was it still possible to consider an academic or political career as a genuine calling? In response Weber offered his famous diagnosis of “the disenchantment of the world,” along with a challenging account of the place of morality in the classroom and in research. In his second lecture he introduced the notion of political charisma, assigning it a central role in the modern state, even as he recognized that politics is more than anything “a slow and difficult drilling of holes into hard boards.” Damion Searls’s new translation brings out the power and nuance of these celebrated lectures. Paul Reitter and Chad Wellmon’s introduction describes their historical and biographical background, reception, and influence. Weber’s effort to rethink the idea of a public calling at the start of the tumultuous twentieth century is revealed to be as timely and stirring as ever.