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The Sociology of Markets

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  • Fligstein, Neil
  • Dauter, Luke

Abstract

The sociology of markets has been one of the most vibrant fields in sociology in the past 25 years. There is a great deal of agreement that markets are social structures characterized by extensive social relationships between firms, workers, suppliers, customers, and governments. But, like in many sociological literatures, the theory camps that have formed often seem to speak by each other. We show that some of the disagreement between theory camps is due to differences in conceptual language, and other disagreements stem from the fact that theory camps ignore the concepts in other theory camps, thereby making their theories less complete. We end by considering deeper controversies in the literature that seem open both to new conceptualization and further empirical research.

Suggested Citation

  • Fligstein, Neil & Dauter, Luke, 2006. "The Sociology of Markets," Institute for Research on Labor and Employment, Working Paper Series qt8qw8c1jx, Institute of Industrial Relations, UC Berkeley.
    • Handle: RePEc:cdl:indrel:qt8qw8c1jx
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    References listed on IDEAS

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    1. Hodson, Randy, 1983. "Workers' Earnings and Corporate Economic Structure," Elsevier Monographs, Elsevier, edition 1, number 9780123517807.
    2. Milton Friedman, 1957. "Introduction to "A Theory of the Consumption Function"," NBER Chapters, in: A Theory of the Consumption Function, pages 1-6, National Bureau of Economic Research, Inc.
    3. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1, March.
    4. Michel Callon & Fabian Muniesa, 2005. "Economic markets as calculative collective devices," Post-Print halshs-00087477, HAL.
    5. Fligstein, Neil & Choo, Jennifer, 2005. "Law and Corporate Governance," Institute for Research on Labor and Employment, Working Paper Series qt6nt8622j, Institute of Industrial Relations, UC Berkeley.
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    2. Stuart, Guy, 2006. "Caste Embeddedness and Microfinance: Savings and Credit Cooperatives in Andhra Pradesh, India," Working Paper Series rwp06-037, Harvard University, John F. Kennedy School of Government.
    3. Eve Fouilleux & Allison Loconto, 2017. "Voluntary standards, certification, and accreditation in the global organic agriculture field: a tripartite model of techno-politics," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 34(1), pages 1-14, March.
    4. Wilkinson, John, 2019. "An overview of German new economic sociology and the contribution of the Max Planck Institute for the Study of Societies," MPIfG Discussion Paper 19/3, Max Planck Institute for the Study of Societies.
    5. Dominic Mukoza, 2022. "Understanding The Aspect of Socialization in The Market Context Today," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(5), pages 808-817, May.
    6. Yefimov, Vladumir, 2011. "Дискурсивный Анализ В Экономике: Пересмотр Методологии И Истории Экономической Науки. Часть 2 - Иная История И Современность [Discourse analysis in economics: methodology and history of economics r," MPRA Paper 49069, University Library of Munich, Germany.

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