Understanding Society and Knowledge proposes that knowledge, rather than nature, violence, or power, provides the basis of and driving force behind human action in modern society. It demonstrates how the legal containment of knowledge enables the transformation of the knowledge society into knowledge capitalism. Providing an overview of the history of knowledge societies, Nico Stehr analyses the concept of knowledge as well as the nature of post-industrial societies. Chapters examine the genealogy of social scientific theories of modern society; the role of knowledge as a capacity to act or as an intersubjective resource; and recent changes in the structure of the material economy. The book concludes by discussing the political challenges of the knowledge society, highlighting the ways in which discoveries in modern knowledge and subsequent political responses continue to generate controversies. This illuminating book will be an essential resource for students and scholars of economics, political science, sociology and sociological theory, as well as science and technology studies.

Originally published in 1987 Modern German Sociology is a collection of essays containing sociological work published in German since World War II. Included are sections from such out-standing figures as Theodor Adorno, Alexander Mitscherlich, Jürgen Habermas, Niklas Luhmann, and Ralf Darendorf. The editors have arranged the essays into five sections that express their view of the chief aspects of modern German sociology and have written a helpful introduction to each section.

In his newest book, Stehr builds on his classic book Knowledge Societies (1994) to expand the concept toward one of knowledge capitalism for a now, much-changed era. It is not only because of the onset of the Covid-19 pandemic that we are living in a new epoch; it is the idea that modern societies increasingly constitute comprehensive knowledge societies under intensive capitalism, whereby the legal encoding of knowledge through national and international law is the lever that enables the transformation of the knowledge society into knowledge capitalism. The Trade Related Aspects of Intellectual Property Rights agreement, negotiated between 1986 and 1994 as part of the World Trade Organization, is the backbone of the modern society and marks a clear historical demarcation, and although knowledge capitalism is primarily an economic development, the digital giants who are in the driver's seat have significant effects on the social structure and culture of modern society.

In his newest book, Stehr builds on his classic book Knowledge Societies (1994) to expand the concept toward one of knowledge capitalism for a now, much-changed era. It is not only because of the onset of the Covid-19 pandemic that we are living in a new epoch; it is the idea that modern societies increasingly constitute comprehensive knowledge societies under intensive capitalism, whereby the legal encoding of knowledge through national and international law is the lever that enables the transformation of the knowledge society into knowledge capitalism. The Trade Related Aspects of Intellectual Property Rights agreement, negotiated between 1986 and 1994 as part of the World Trade Organization, is the backbone of the modern society and marks a clear historical demarcation, and although knowledge capitalism is primarily an economic development, the digital giants who are in the driver's seat have significant effects on the social structure and culture of modern society.

This authoritative two volume collection presents both the classic articles and the most important recent literature which are essential for an understanding of the sociology of knowledge. Topics covered in Volume I include the intellectual precursors and emergence of the sociology of knowledge; the classical sociology of knowledge; and the sociology of knowledge dispute. Volume II focuses on more contemporary sociologies of knowledge and the future of the debate.

Als die Autoren – über die Grenzen zweier Wissenschaftskulturen hinweg – Anfang der 90er Jahre begannen, über die wissenschaftliche und populäre Wahrnehmung und Konstruktion des Phänomens Klima, Klimawandel, Klimapolitik und die Auswirkungen des Klimas auf die Gesellschaft nachzudenken, stießen sie auf erheblichen Widerstand, insbesondere als sie über die dringende Notwendigkeit einer gesellschaftlichen Anpassung an den Klimawandel schrieben. Die Autoren sehen sich als Pioniere in diesem Politikfeld. Viele, wenn nicht die meisten Maßnahmen für den Klimaschutz und gegen die Klimafolgen erfordern die Innovationskraft aller Wissenschaften und der Technik. Die künftige Umsetzung wissenschaftlicher Erkenntnisse in der Klimapolitik ist Schlüssel des erfolgreichen Umgangs der Gesellschaft mit den Folgen des Klimawandels. Dies geschieht jedoch nicht automatisch. Die Umsetzung von Wissenschaft in die Gesellschaft unterliegt ökonomischen, politischen und kulturellen Zwängen, und kann insbesondere durch den Mehrwert interdisziplinärer Zusammenarbeit von Wissenschaftlern, wie sie in diesem Band praktiziert wird, erreicht werden.

Social surveillance and regulation of knowledge will be one of the most important issues in the near future, one that will give rise to unending controversy. In The Governance of Knowledge, Nico Stehr predicts that such concerns will create a new political field, namely, knowledge policy, which will entail regulating dissemination of the anticipated results of rapidly increasing knowledge. The number and range of institutionalized standards for monitoring new knowledge has hitherto been relatively small. Only in cases of technological applications has social control, in the form of political regulation, so far intervened. All modern societies today have complex regulations and extensive concerns with the registration, licensing, testing, and monitoring of pharmaceutical products. The increasingly important and extensive area of intellectual property legislation and administration is an example of social control in which certain measures selectively determine the use of scientific finds and technical knowledge. The Governance of Knowledge assembles a range of essays that attempt to explore the new field of knowledge politics for the first time. It is divided into four parts: The Emergence of Knowledge Politics: Origins, Context, and Consequences; Major Social Institutions and Knowledge Politics; Case Studies on the Governance of Knowledge; and Issues in Knowledge Politics as a New Political Field. Individual chapters concern the emergence of knowledge policy, the embeddedness of such regulations in major social institutions, and offer case studies of the governance of knowledge and discuss controversial issues that are bound to accompany efforts to regulate new knowledge. Professionals and graduate students in the fields of scoiology, political science, social science, and law, including policymakers and natural scientists, will find this book extremely informative.

As we move through our modern world, the phenomenon we call knowledge is always involved. Whether we talk of know-how, technology, innovation, politics or education, it is the concept of knowledge that ties them all together. But despite its ubiquity as a modern trope we seldom encounter knowledge in itself. How is it produced, where does it reside, and who owns it? Is knowledge always beneficial, will we know all there is to know at some point in the future, and does knowledge really equal power? This book pursues an original approach to this concept that seems to define so many aspects of modern societies. It explores the topic from a distinctly sociological perspective, and traces the many ways that knowledge is woven into the very fabric of modern society.

Karl Mannheim's Ideology and Utopia has been a profoundly provocative book. The debate about politics and social knowledge that was spawned by its original publication in 1929 attracted the most promising younger scholars, some of whom shaped the thought of several generations. The book became a focus for a debate on the methodological and epistemological problems confronting German social science. More than thirty major papers were published in response to Mannheim's text. Writers such as Hannah Arendt, Ernst Robert Curtius, Max Horkheimer, Herbert Marcuse, Helmuth Plessner, Hans Speier and Paul Tillich were among the contributors. Their positions varied from seeing in the sociology of knowledge a sophisticated reformulation of the materialist conception of history to linking its popularity to a betrayal of Marxism. The English publication in 1936 defined formative issues for two generations of sociological self-reflection. Knowledge and Politics provides an introduction to the dispute and reproduces the leading contributions. It sheds new light on one of the greatest controversies that have marked German social science in the past hundred years.

Karl Mannheim's Ideology and Utopia has been a profoundly provocative book. The debate about politics and social knowledge that was spawned by its original publication in 1929 attracted the most promising younger scholars, some of whom shaped the thought of several generations. The book became a focus for a debate on the methodological and epistemological problems confronting German social science. More than thirty major papers were published in response to Mannheim's text. Writers such as Hannah Arendt, Ernst Robert Curtius, Max Horkheimer, Herbert Marcuse, Helmuth Plessner, Hans Speier and Paul Tillich were among the contributors. Their positions varied from seeing in the sociology of knowledge a sophisticated reformulation of the materialist conception of history to linking its popularity to a betrayal of Marxism. The English publication in 1936 defined formative issues for two generations of sociological self-reflection. Knowledge and Politics provides an introduction to the dispute and reproduces the leading contributions. It sheds new light on one of the greatest controversies that have marked German social science in the past hundred years.

Nothing affects modern society more than the decisions made in the marketplace, especially (but not only) the judgments of consumers. Stehr's designation of a new stage in modern societies with the term "moral markets" signals a further development in the social evolution of markets.Market theories still widely in use today emerged in a society that no longer exists. Consumers were hardly in evidence at all in early theories of the market. Today, growing affluence, greater knowledge, and high-speed communication among consumers builds into the marketplace notions of fairness, solidarity, environment, health, and political considerations imbued with a long-term perspective that can disrupt short-term pursuits of the best buy. Importantly, such social goals, individual apprehensions, and modes of consumer conduct become inscribed today in products and services offered in the marketplace, as well as in the rules and regulations that govern market relations. Stehr uses examples to illustrate these trends and build new theory fitting today's changing consumerism.

Nothing affects modern society more than the decisions made in the marketplace, especially (but not only) the judgments of consumers. Stehr's designation of a new stage in modern societies with the term "moral markets" signals a further development in the social evolution of markets.Market theories still widely in use today emerged in a society that no longer exists. Consumers were hardly in evidence at all in early theories of the market. Today, growing affluence, greater knowledge, and high-speed communication among consumers builds into the marketplace notions of fairness, solidarity, environment, health, and political considerations imbued with a long-term perspective that can disrupt short-term pursuits of the best buy. Importantly, such social goals, individual apprehensions, and modes of consumer conduct become inscribed today in products and services offered in the marketplace, as well as in the rules and regulations that govern market relations. Stehr uses examples to illustrate these trends and build new theory fitting today's changing consumerism.

This book argues that new technologies and society's response to them have created a relatively new phenomenon, "knowledge politics." Nico Stehr describes Western society's response to a host of new technologies developed only since the 1970s, including genetic experiments, test-tube human conception, recombinant DNA, and embryonic stem cells; genetically engineered foods; neurogenetics and genetic engineering; and reproductive cloning and the reconstruction of the human ancestral genome. He looks also at the prospective fusion of nanotechnology, biotechnology, information technology, transgenic human engineering, and cognitive science whose products may, as its boosters claim, some day cure disease, slow the aging process, eliminate pollution, and generally enhance human performance. Knowledge Politics shows how human civilization has reached a new era of concern about the life-altering potentials of new technologies. Concerns about the societal consequences of an unfettered expansion of (natural) scientific knowledge are being raised more urgently and are moving to the center of disputes in society-- and thus to the top of the political agenda. Stehr explains the ramifications of knowledge politics and the approaches society could take to resolve difficult questions and conflicts over present and future scientific innovation.

During 1938 and 1939, Paul Neurath was a Jewish political prisoner in the concentration camps at Dachau and Buchenwald. He owed his survival to a temporary Nazi policy allowing release of prisoners who were willing to go into exile and to the help of friends on the outside who helped him obtain a visa. He fled to Sweden before coming to the United States in 1941. In 1943, he completed The The Society of Terror, based on his experiences in Dachau and Buchenwald. He embarked on a long career teaching sociology and statistics at universities in the United States and later in Vienna until his death in September 2001.After liberation, the horrific images of the extermination camps abounded from Dachau, Buchenwald, and other places. Neurath's chillingly factual discussion of his experience as an inmate and his astute observations of the conditions and the social structures in Dachau and Buchenwald captivate the reader, not only because of their authenticity, but also because of the work's proximity to the events and the absence of influence of later interpretations. His account is unique also because of the exceptional links Neurath establishes between personal experience and theoretical reflection, the persistent oscillation between the distanced and sober view of the scientist and that of the prisoner.

The sociology of knowledge is generally seen as part of the sociology of cultural products. Along with the sociology of science, it explores the social character of science and in particular the social production of scientific knowledge. Knowledge in all its varieties is of crucial importance in social, political, and economic relations in modern society. Yet new realities, the editors argue in their introduction to this second edition, require a new perspective. In the past half century, the social role of knowledge has changed profoundly. The natural attitude toward scientific knowledge in science that assigned a special status to science's knowledge claims has lost its dominance, and the view that all knowledge is socially constructed has gained general acceptance. Science increasingly influences the political agenda in modern societies. Consequently, a new political field has emerged: knowledge politics. These fourteen essays by social scientists, philosophers, and historians cover fundamental issues, theoretical perspectives, knowledge and power, and empirical studies. Eight of the fourteen contributions were part of the first edition of "Society and Knowledge," published in 1984, and most of these have been updated and revised for this new edition. Included in this edition are six new contributions by Robert K. Merton, Steve Fuller, Dick Pels, Nico Stehr, Barry Schwartz, and Michael Lynch. This second, revised edition builds on its predecessor in presenting cutting-edge theoretical and empirical efforts to transform the sociology of knowledge. Professionals, policymakers, and graduate students in the fields of sociology, political science, and social science will find this volume of interest and importance.

During 1938 and 1939, Paul Neurath was a Jewish political prisoner in the concentration camps at Dachau and Buchenwald. He owed his survival to a temporary Nazi policy allowing release of prisoners who were willing to go into exile and to the help of friends on the outside who helped him obtain a visa. He fled to Sweden before coming to the United States in 1941. In 1943, he completed The The Society of Terror, based on his experiences in Dachau and Buchenwald. He embarked on a long career teaching sociology and statistics at universities in the United States and later in Vienna until his death in September 2001.After liberation, the horrific images of the extermination camps abounded from Dachau, Buchenwald, and other places. Neurath's chillingly factual discussion of his experience as an inmate and his astute observations of the conditions and the social structures in Dachau and Buchenwald captivate the reader, not only because of their authenticity, but also because of the work's proximity to the events and the absence of influence of later interpretations. His account is unique also because of the exceptional links Neurath establishes between personal experience and theoretical reflection, the persistent oscillation between the distanced and sober view of the scientist and that of the prisoner.

This book argues that new technologies and society's response to them have created a relatively new phenomenon, "knowledge politics." Nico Stehr describes Western society's response to a host of new technologies developed only since the 1970s, including genetic experiments, test-tube human conception, recombinant DNA, and embryonic stem cells; genetically engineered foods; neurogenetics and genetic engineering; and reproductive cloning and the reconstruction of the human ancestral genome. He looks also at the prospective fusion of nanotechnology, biotechnology, information technology, transgenic human engineering, and cognitive science whose products may, as its boosters claim, some day cure disease, slow the aging process, eliminate pollution, and generally enhance human performance. Knowledge Politics shows how human civilization has reached a new era of concern about the life-altering potentials of new technologies. Concerns about the societal consequences of an unfettered expansion of (natural) scientific knowledge are being raised more urgently and are moving to the center of disputes in society-- and thus to the top of the political agenda. Stehr explains the ramifications of knowledge politics and the approaches society could take to resolve difficult questions and conflicts over present and future scientific innovation.

The relationship of knowledge and liberties in modern societies presents a multitude of fascinating issues that deserve to be explored more systematically. The production of knowledge is dynamic, and the conditions and practice of freedom is undergoing transformation. These changes ensure that the linkages between liberty and knowledge are always subject to changes. In the past, the connection between scientific knowledge, democracy, and emancipation seemed self-evident. More recently, the close linkage between democracy and knowledge has been viewed with skepticism. This volume explores the relationship between knowledge and democracy, Do they support each other, do they mutually depend on each other, or are they perhaps even in conflict with each other? Does knowledge increase the freedom to act? If additional knowledge contributes to individual and social well being, does it also enhance freedoms? Knowledge and Democracy focuses on the interpenetration of knowledge, freedom and democracy, and does so from various perspectives, theoretical as well as practical. Modern societies are transforming themselves into knowledge societies. This has a fundamental impact on political systems and the relationship of citizens to large social institutions. The contributors to this book systemically explore whether, and in what ways, these modern-day changes and developments are connected to expansion of the capacities of individual citizens to act. They focus on the interrelation of democracy and knowledge, and the role of democratic institutions, as well as on the knowledge and social conduct of actors within democratic institutions. In the process of investigation, they arrive at a new platform for future research and theory, one that is sensitive to present-day societal conflicts, cleavages, and transformations generated by new knowledge. In this way, this volume will attract the interest of political scientists, sociologists, economists and students within various disciplines.

"While other books have addressed isolated aspects of recent developments in the biomedical sciences, Biotechnology: Between Commerce and Civil Society is the first book tgo engage with the full range of biotechnology's implications for social science and for society at large." -Professor Volker Meja New scientific knowledge is no longer merely the key to unlocking the secrets of nature and society. It now represents the "becoming" of a new world. Scientific developments affect the ways in which we conduct our affairs, as well as how we comprehend the changes underway as the result of novel technical artefacts and scientific knowledge. The practical fruits of biotechnology are a case in point; they have grasped our imaginations, and generated worldwide debate and concern. Debates on biotechnology shift between images of utopia and dystopia. The social sciences deserve a voice in the debate, and can do so through sober examination of the economic, social, and cultural implications of biotechnology. Some economists even predict that the importance of biotechnology as the technology of the future will far exceed that of the information technologies, in particular the Internet. The contributors to this volume are drawn from a broad spectrum of the social sciences, and include Nico Stehr, Gene Rosa, Steve Fuller, Steve Best and Douglas Kellner, Nikolas Rose, Fred Buttel, Javier Lezaun, Anne Kerr, Susanna Hornig Priest and Toby Ten Eyck, Martin Schulte, Alexander Somek, Steven P. Vallas, Daniel Lee Kleinman, Abby Kinchy and Raul Necochea, Herbert Gottweis, J. Rogers Hollingsworth, Gysli Pblsson, Elizabeth Ettore, Richard Hindmarch and Reiner Grundmann. The impact of science on society is destined to be a fundamental concern in the new century. This volume illustrates the contributions anthropology, law, political science, and sociology can make to the ongoing discussions about the role of biotechnology in modern societies. Nico Stehr is senior research associate, Institut for Technikfolgenabschotzung, Forschungszentrum Karlsruhe and Institut for Kostenforschung, GKSS, Germany. He also is a fellow in the Center for Advanced Cultural Studies in Essen, Germany, editor of the Canadian Journal of Sociology, and a fellow of the Royal Society of Canada. Among his recent books are Werner Sombart: Economic Life in the Modern Age (with Reiner Grundmann, published by Transaction); The Fragility of Modern Societies: Knowledge and Risk in the Information Age; Knowledge and Economic Conduct: The Social Foundations of the Modern Economy; and Wissenspolitik: Die ?berwachung des Wissens.

In this book, Stehr and Grundmann outline the theoretical significance and practical importance of the growing stratum of experts, counsellors and advisors in contemporary society, and claim that the growing spectrum of knowledge-based occupations has led to the pluralisation of expertise.

As decision makers in organizations and private citizens, for various reasons, increasingly seek advice from experts, the authors examine the nature of expert activity, and suggest that the role of experts needs to be distinguised from other roles such as professionals, scientists, or intellectuals. Experts, they argue, perform knowledge based activities that mediate between the context of knowledge creation and application. Existing approaches tend to restrict the role of the expert to scientists, or to conflate the roles of professionals with experts. In avoiding such restrictions, this book sets out a framework to understanding the growing role of expertise in a better way.

Experts provides thought-provoking discussion that will be of interest to postgraduate students and academics working within the fields of social theory, knowledge, and consumption.

In this book, Stehr and Grundmann outline the theoretical significance and practical importance of the growing stratum of experts, counsellors and advisors in contemporary society, and claim that the growing spectrum of knowledge-based occupations has led to the pluralisation of expertise. As decision makers in organizations and private citizens, for various reasons, increasingly seek advice from experts, the authors examine the nature of expert activity, and suggest that the role of experts needs to be distinguised from other roles such as professionals, scientists, or intellectuals. Experts, they argue, perform knowledge based activities that mediate between the context of knowledge creation and application. Existing approaches tend to restrict the role of the expert to scientists, or to conflate the roles of professionals with experts. In avoiding such restrictions, this book sets out a framework to understanding the growing role of expertise in a better way. Experts provides thought-provoking discussion that will be of interest to postgraduate students and academics working within the fields of social theory, knowledge, and consumption.

What is the nature of our current societies? Do we see a clash of civilizations, or the end of history? The advent of globalization, or the birth of the network society? Are we witnessing the emergence of a risk society, or the advent of the knowledge society? More fundamentally, is 'society' an ideological construct that should be abandoned? Coming into English from the Latin term 'societas' via Old French 'societe', the etymology of 'society,' in the sense of a system adopted by a group of co-existing individuals for mutually beneficial purposes, can be traced back at least to the mid-sixteenth century. By the Age of Enlightenment, 'society' was increasingly used in intellectual discourse to characterize human relations, often in contrast to notions of 'the state'. During the nineteenth century, the concept was subject to highly elaborate treatment in various intellectual fields, such as political economy, philosophy, and legal thought; and 'society' continues to be a central conceptual tool, not only for sociology, but also for many other social-science disciplines, such as anthropology, economics, political sciences, and law. The notion resonates beyond the social sciences into the humanities; it is a fundamental concept, like nature, the universe, or the economy. Moreover, 'society' remains a highly contested concept, as was demonstrated, for example, by the controversy surrounding the former British prime minister Margaret Thatcher's pithy assertion of the neoliberal economic wisdom that 'there is no such thing as society' (Woman's Own, 31 October 1987); and by the term's rehabilitation at the turn of the twenty-first century, not least with the ascendancy of the notion of 'civil society'. This four-volume collection, a new title in the Routledge Critical Concepts in Sociology series, brings together both canonical and the best cutting-edge research to document the intellectual origins and development of what remains a key framework within which contemporary work in the social sciences in general, and sociology in particular, proceeds. Edited by Reiner Grundmann and Nico Stehr, two leading scholars in the field, this Routledge Major Work makes available the most useful, important and representative treatments of the subject matter, and helps to make sense of the great variety of perspectives and approaches in which social scientists and other thinkers have understood, and continue to understand, society. Fully indexed and with a comprehensive introduction newly written by the editors, which places the collected material in its historical and intellectual context, Society is an essential reference work, destined to be valued by scholars and students as a vital research resource.

The relationship of knowledge and liberties in modern societies presents a multitude of fascinating issues that deserve to be explored more systematically. The production of knowledge is dynamic, and the conditions and practice of freedom is undergoing transformation. These changes ensure that the linkages between liberty and knowledge are always subject to changes. In the past, the connection between scientific knowledge, democracy, and emancipation seemed self-evident. More recently, the close linkage between democracy and knowledge has been viewed with skepticism.

This volume explores the relationship between knowledge and democracy, Do they support each other, do they mutually depend on each other, or are they perhaps even in conflict with each other? Does knowledge increase the freedom to act? If additional knowledge contributes to individual and social well being, does it also enhance freedoms? Knowledge and Democracy focuses on the interpenetration of knowledge, freedom and democracy, and does so from various perspectives, theoretical as well as practical.

Modern societies are transforming themselves into knowledge societies. This has a fundamental impact on political systems and the relationship of citizens to large social institutions. The contributors to this book systemically explore whether, and in what ways, these modern-day changes and developments are connected to expansion of the capacities of individual citizens to act. They focus on the interrelation of democracy and knowledge, and the role of democratic institutions, as well as on the knowledge and social conduct of actors within democratic institutions. In the process of investigation, they arrive at a new platform for future research and theory, one that is sensitive to present-day societal conflicts, cleavages, and transformations generated by new knowledge. In this way, this volume will attract the interest of political scientists, sociologists, economists and students within various disciplines.

"While other books have addressed isolated aspects of recent developments in the biomedical sciences, Biotechnology: Between Commerce and Civil Society is the first book tgo engage with the full range of biotechnology's implications for social science and for society at large." -Professor Volker Meja

New scientific knowledge is no longer merely the key to unlocking the secrets of nature and society. It now represents the "becoming" of a new world. Scientific developments affect the ways in which we conduct our affairs, as well as how we comprehend the changes underway as the result of novel technical artefacts and scientific knowledge. The practical fruits of biotechnology are a case in point; they have grasped our imaginations, and generated worldwide debate and concern. Debates on biotechnology shift between images of utopia and dystopia. The social sciences deserve a voice in the debate, and can do so through sober examination of the economic, social, and cultural implications of biotechnology. Some economists even predict that the importance of biotechnology as the technology of the future will far exceed that of the information technologies, in particular the Internet. The contributors to this volume are drawn from a broad spectrum of the social sciences, and include Nico Stehr, Gene Rosa, Steve Fuller, Steve Best and Douglas Kellner, Nikolas Rose, Fred Buttel, Javier Lezaun, Anne Kerr, Susanna Hornig Priest and Toby Ten Eyck, Martin Schulte, Alexander Somek, Steven P. Vallas, Daniel Lee Kleinman, Abby Kinchy and Raul Necochea, Herbert Gottweis, J. Rogers Hollingsworth, Gysli Plsson, Elizabeth Ettore, Richard Hindmarch and Reiner Grundmann. The impact of science on society is destined to be a fundamental concern in the new century. This volume illustrates the contributions anthropology, law, political science, and sociology can make to the ongoing discussions about the role of biotechnology in modern societies. Nico Stehr is senior research associate, Institut f3r Technikfolgenabschotzung, Forschungszentrum Karlsruhe and Institut f3r K3stenforschung, GKSS, Germany. He also is a fellow in the Center for Advanced Cultural Studies in Essen, Germany, editor of the Canadian Journal of Sociology, and a fellow of the Royal Society of Canada. Among his recent books are Werner Sombart: Economic Life in the Modern Age (with Reiner Grundmann, published by Transaction); The Fragility of Modern Societies: Knowledge and Risk in the Information Age; Knowledge and Economic Conduct: The Social Foundations of the Modern Economy; and Wissenspolitik: Die ?berwachung des Wissens.

Since the publication of Georg Simmel's Philosophy of Money more than a century ago, social science has primarily considered money a medium of exchange. This new book treats money as a more inclusive social concept that has profoundly influenced the emergence of modern society. Money is also a moral and political category. It communicates prices and thus embodies innumerable evaluations and judgments of objects and services, of social relationships and associations. At the same time, modern societies are undergoing fundamental transformations in which money assumes an ever-important role, while banking and financial services constitute the new primary sector of modern service economies. In this book, the authors trace the transformational scope of monetarization and financialization along the four classical productive forces-land, capital, labor, and knowledge-and evaluate the consequences of an irrepressible urge to quantify and monetarize almost everything social. What happens to a society in which the tangible products of the real economy lose their preeminent status, and everything is judged purely according to its economic value? The authors identify an increasing disconnect between market prices and social values with serious social, political, economic, and environmental consequences.