Beyond the Market: The Social Foundations of Economic Efficiency

Author:   Jens Beckert ,  Barbara Harshav
Publisher:   Princeton University Press
ISBN:  

9780691049076


Pages:   376
Publication Date:   23 September 2002
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Beyond the Market: The Social Foundations of Economic Efficiency


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Overview

"""Beyond the Market"" launches a sociological investigation into economic efficiency. Prevailing economic theory, which explains efficiency using formalized rational choice models, often simplifies human behaviour to the point of distortion. Jens Beckert finds such theory to be particularly weak in explaining such crucial forms of economic behaviour as co-operation, 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 co-ordination 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 behaviour. In Durkheim and Parsons he finds especially useful approaches to co-operation; 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 resear"

Full Product Details

Author:   Jens Beckert ,  Barbara Harshav
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Dimensions:   Width: 15.20cm , Height: 2.20cm , Length: 23.50cm
Weight:   0.680kg
ISBN:  

9780691049076


ISBN 10:   0691049076
Pages:   376
Publication Date:   23 September 2002
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.
Language:   English

Table of Contents

PREFACE vii INTRODUCTION 1 PART ONE: CRITIQUE 5 ONE: The Limits of the Rational-Actor Model as a Microfoundation of Economic Efficiency 7 Cooperation 18 Uncertainty 36 Innovation 50 PART TWO: CONCEPTS 67 TWO: Emile Durkheim: The Economyas Moral Order 69 Sociology as the Science of Morality 74 Durkheim's Critique of Economics 76 Economic Institutions as Moral Facts 81 Anomie and Forced Division of Labor 114 Stabilizing Economic Relations with Professional Groups 119 Cooperation and Morality 122 Appendix: Systematizing the View of the Economy in Sociological Theory: Durkheim through Weber to Parsons 125 THREE: Talcott Parsons: The Economyas a Subsystem of Society 133 Economic and Sociological Theory in Parsons's Early Work 135 The Economy as the Adaptive Subsystem of Society 149 The Boundary Proceses of the Economy 156 The Institutional Establishment of Economic Rationality 192 Cooperation and Interpenetration 197 FOUR: Niklas Luhmann: The Economyas a Autopoietic System 201 The Self-Referentiality of the Economy 207 The Reentry of the Excluded Third Party 216 System and Action 233 FIVE: Anthony Giddens: Actor and Structure in Economic Action 241 Interpretation and Structuration of Economic Action ??? Cooperation and Reflextivity 259 Innovation and Creativity 269 PART THREE: CONCLUSIONS 283 SIX: Perspectives for Economic Sociology 285 NOTES 297 BIBLIOGRAPHY 327 INDEX 347

Reviews

This book reflects impressive intellectual ambition, maturity, and erudition. -- Bruce G. Carruther American Journal of Sociology


Author Information

Jens Beckert is Associate Professor of Sociology at the International University Bremen.

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