Market societies have created more wealth, and more opportunities for more people, than any other system of social organization in history. Yet society still has a rudimentary understanding of how markets themselves are social constructions that require extensive institutional support. This groundbreaking work seeks to fill this gap, to make sense of modern capitalism by developing a sociological theory of market institutions.
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Market societies have created more wealth, and more opportunities for more people, than any other system of social organization in history. Yet society still has a rudimentary understanding of how markets themselves are social constructions that require extensive institutional support. This groundbreaking work seeks to fill this gap, to make sense of modern capitalism by developing a sociological theory of market institutions.
Read Less