Economy In Society

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.

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.

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.

Mainstream economics offers a perspective on the gift which is constructed around exchange, axioms of self-interest, instrumental rationality and utility-maximisation – concepts that predominate within conventional forms of economic analysis. Recognising the gift as an example of social practice underpinned by social institutions, this book moves beyond this utilitarian approach to explore perspectives on the gift from social and institutional economics. Through contributions from an international and interdisciplinary cast of authors, the chapters explore key questions such as: what is the relationship between social institutions, on the one hand, and gift, exchange, reciprocity on the other? What are the social mechanisms that underpin gift and gift-giving actions? And finally, what is the relationship between individuals, societies, gift-giving and cooperation? The answers to these questions and others serve to highlight the importance of the analysis of gift in economics and other social sciences. The book also demonstrates the potential of the analysis of the gift to contribute to solving current problems for humanity at various levels of social aggregation. This key text makes a significant contribution to the literature on the gift which will be of interest to readers of heterodox economics, social anthropology, philosophy of economics, sociology and political philosophy.

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.

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"

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.