Economy And Society

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.

Prominent economists discuss internal labor markets, the dynamics of immigration, labor market regulation, and other key topics in the work of Michael J. Piore. In Economy in Society, five prominent social scientists honor Michael J. Piore in original essays that explore key topics in Piore's work and make significant independent contributions in their own right. Piore is distinctive for his original research that explores the interaction of social, political, and economic considerations in the labor market and in the economic development of nations and regions. The essays in this volume reflect this rigorous interdisciplinary approach to important social and economic questions. M. Diane Burton's essay extends our understanding of internal labor markets by considering the influence of surrounding firms; Natasha Iskander builds on Piore's theory of immigration with a study of Mexican construction workers in two cities; Suzanne Berger highlights insights from Piore's work on technology and industrial development; Andrew Schrank takes up the theme of regulatory discretion; and Charles Sabel discusses theories of public bureaucracy.

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.

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 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.

'Drawing on the development of economic sociology over the past 40 years, this book brings together leading scholars to explore the relationship between social institutions on economic processes. Inspired in particular by the innovative and creative dimensions of Colin Crouch's work, they signpost directions for future research. It will be an important reader for international scholars exploring the unfolding dimensions of contemporary relations in economy and society.' Jacqueline O'Reilly, University of Brighton Business School, UK 'Improving our understanding of how economy and society interrelate in Europe is of paramount importance. The rigorous and thought-provoking analyses about the interaction between markets and the institutions of society contained in this book undoubtedly represent an excellent example of how this improvement can be achieved, especially in these times of crisis.' Andrés Rodríguez-Pose, London School of Economics, UK 'This book offers a refreshing account of the deep changes occurring over recent years in the relationship between economy and society in Europe. This is of course a classical theme since Max Weber's work, but the social institutions which shape economic performance have profoundly evolved, as have the analytical categories used to understand them. The contributions in this volume provide a broad and interesting perspective, dealing with issues as varied as industrial relations, welfare regimes, families and the labour market, universities, local governance and many others. In the wake of the financial crisis, the major theories on the role of such institutions are found partly unsatisfactory, as the boundaries between economy and society are constantly shifting. Everyone interested in improving our analytical tools to understand the direction of change in Europe should welcome this book.' Marino Regini, University of Milan, Italy While an economy is always 'embedded' in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe. Combining the perspectives of economic sociology, political economy and political science, the expert contributors offer an in-depth, multidisciplinary insight to the functioning of a number of institutional arenas around which European economies and societies are organized. Areas explored include the state and public policy at European national and regional level, the welfare state, industrial relations systems, education systems and the family. This challenging and thought provoking book will be of great interest to a wide-ranging audience across a number of disciplines, including European studies, political science, comparative political economy, economic sociology, industrial relations and social policy.

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.