The last fifteen years have witnessed an explosion in the
popularity, creativity, and productiveness of economic sociology,
an approach that traces its roots back to Max Weber. This important
new text offers a comprehensive and up-to-date overview of economic
sociology. It also advances the field theoretically by
highlighting, in one analysis, the crucial economic roles of both
interests and social relations.
Richard Swedberg describes the field's critical insights into
economic life, giving particular attention to the effects of
culture on economic phenomena and the ways that economic actions
are embedded in social structures. He examines the full range of
economic institutions and explicates the relationship of the
economy to politics, law, culture, and gender. Swedberg notes that
sociologists too often fail to properly emphasize the role that
self-interested behavior plays in economic decisions, while
economists frequently underestimate the importance of social
relations. Thus, he argues that the next major task for economic
sociology is to develop a theoretical and empirical understanding
of how interests and social relations work in combination to affect
economic action. Written by an author whose name is synonymous with
economic sociology, this text constitutes a sorely needed advanced
synthesis--and a blueprint for the future of this burgeoning
field.
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