This unique volume provides a new interpretation and synthesis
of network exchange theory in an effort to contribute to a
neo-Weberian economic sociology. Arguing against commonly held
assumptions about network exchange theory and its interpretation of
all social actions as economic exchanges, Zafirovski seeks to
explain these processes by employing an interdisciplinary approach
and by examining the impact of social and institutional structures
on market-economic exchange. The author argues that economic
structure, processes, and actions are the outcomes of social action
and institutions, not the other way around.
This rehabilitation of economic sociology begins with a
reconsideration of the character, scope, and development of the
field. The author then grounds his sociological approach to
economic exchange in social action and structure before examining
the role of social motivations in economic exchange. He then
examines the political structuration, the cultural constitution,
and the social construction of economic exchange and exchange
cycles. The book concludes with a discussion of the character and
variation of economic exchange in comparative social systems and
the relationships of exchange, economic development, and social
variables. This unique and persuasive book is an important
contribution to the study of economic sociology and sociological
theory.
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