While most people are familiar with "The Protestant Ethic and
the Spirit of Capitalism," few know that during the last decade of
his life Max Weber (1864-1920) also tried to develop a new way of
analyzing economic phenomena, which he termed "economic sociology."
Indeed, this effort occupies the central place in Weber's thought
during the years just before his death. Richard Swedberg here
offers a critical presentation and the first major study of this
fascinating part of Weber's work.
This book shows how Weber laid a solid theoretical foundation
for economic sociology and developed a series of new and highly
evocative concepts. He not only investigated economic phenomena but
also linked them clearly with political, legal, and religious
phenomena. Swedberg also demonstrates that Weber's approach to
economic sociology addresses a major problem that has haunted
economic analysis since the nineteenth century: how to effectively
unite an interest-driven type of analysis (popular with economists)
with a social one (of course preferred by sociologists). Exploring
Weber's views of the economy and how he viewed its relationship to
politics, law, and religion, Swedberg furthermore discusses
similarities and differences between Weber's economic sociology and
present-day thinking on the same topic. In addition, the author
shows how economic sociology has recently gained greater
credibility as economists and sociologists have begun to
collaborate in studying problems of organizations, political
structures, social problems, and economic culture more generally.
Swedberg's book will be sure to further this new cooperation.
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