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Author Granovetter, Mark S., author.

Title Society and economy : framework and principles / Mark Granovetter
Published Cambridge, Massachusetts : The Belknap Press of Harvard University Press, [2017]
Online access available from:
ProQuest Ebook Central    View Resource Record  


Description 1 online resource (viii, 243 pages)
Contents Introduction: problems of explanation in economic sociology -- The impact of mental constructs on economic action: norms, values, and moral economy -- Trust in the economy -- Power in the economy -- The economy and social institutions -- The interplay between individual action and social institutions
Summary In Society and Economy, Mark Granovetter sees the economy as one of many activities in "society"--A term that refers to everything people do with one another and how this adds up to a recognizable whole. Some economic action can be well understood as people rationally using means towards well-defined ends, but much of it is harder to fit into such a simple framework. Actors follow norms that specify the "right" thing to do, at times with passionate belief, and at others, without conscious thought. They trust others when there is no obvious reason to do so. And they wield power over one another that comes from non-economic sources but has major impact on economic outcomes. The book explores how problem-solving actors assemble solutions from this kaleidoscope of principles, in ways that psychologists and philosophers describe as "pragmatic," drawing on arguments ranging from individual psychology to social networks to long-term historical and political analysis.-- Provided by publisher
Bibliography Includes bibliographical references and index
Notes Online resource; title from PDF title page (EBSCO, viewed March 28, 2017)
Subject Economics -- Sociological aspects.
Social institutions -- Economic aspects
Economics -- Sociological aspects.
Institution Soziologie
POLITICAL SCIENCE -- Public Policy -- Cultural Policy.
SOCIAL SCIENCE -- Anthropology -- Cultural.
SOCIAL SCIENCE -- Popular Culture.
Social institutions -- Economic aspects.
Form Electronic book
ISBN 0674977793