THE NEW ECONOMIC SOCIOLOGY AND THE STRUCTURAL EMBEDDEDNESS OF THE MARKET (Nova ekonomicka sociologia a strukturny kontext trhu)

• Authors: Hofreiter Roman
• Languages of publication: SK

Abstracts

EN

The main aim of this article is to present contemporary theoretical developments in the economic sociology, especially an explanation of the structural context of the market. Since we have realized that current developments in economic sociology have not been fully reflected in Slovak sociology, we have adapted the structure of the text to this circumstance. The first part of article presents short characteristics of two economic theories because the current movement in the economic sociology is built on their critical reflection: the first is neoclassical economic theory used in the analysis of noneconomic phenomena (family, crime, education) and the second is the new institutional economy (the efficiency of institutions). The criticism of sociologists has led to their interest in objects of economic discipline (markets and firms). Their goal was a 'defence' of sociology through a sociological explanation of economic phenomena, and this idea is in the centre of the new economic sociology. The second part of the article presents the two main approaches of the new economic sociology: institutional embeddedness and network embeddedness. However, each of these approaches present just one part of the structural embeddedness of the market. The main challenge for economic sociology is to integrate their different conceptualizations of embeddedness. Therefore, in the third part of article, we present the integration potential of a field approach.

Keywords

EN

ECONOMIC SOCIOLOGY; EMBEDDEDNESS; FIRMS; INSTITUTIONS; MARKET; NEOCLASSICAL ECONOMY

Discipline

• SOCIOLOGY: SOCIOLOGY

• Publisher: Institute of Sociology, Slovak Academy of Sciences
• Journal: Sociológia (Sociology)
• Year: 2011
• Volume: 43
• Issue: 5
• Pages: 528-549
• Document type: ARTICLE

Contributors

author

Hofreiter Roman

• Mgr. Roman Hofreiter, Institut socialnych a humanitnych studii, Univerzita Mateja Bela, Cesta na amfiteater 1, 974 01 Banska Bystrica, Slovak Republic

Identifiers

CEJSH db identifier

11SKAAAA098318