The Laws of the Markets (Sociological Review Monograph)

With the collapse of the planned economies of Eastern Europe, the market is extending its reach and at the same time claiming its universal applicability. The Embeddedness Of Economic Markets In Economics / Michel Callon -- The Proliferation Of Social Currencies / Viviana A. Zelizer -- Markets As Cultures: An Ethnographic Approach / Mitchel Y. Abolafia -- Efficiency, Culture, And Politics: The Transformation Of Japanese Management In 1946-1966 / Bai Gao -- Recombinant Property In East European Capitalism / David Stark -- The Making Of An Industry: Electricity In The United States / Mark Granovetter And Patrick Mcguire -- The Margins Of Accounting / Peter Miller -- Another Discipline For The Market Economy: Marketing As A Performative Knowledge And Know-how For Capitalism / Franck Cochoy -- The Unlikely Encounter Between Economics And A Market: The Case Of The Cement Industry / Hervé Dumez And Alain Jeunemaître -- An Essay On Framing And Overflowing: Economic Externalities Revisited By Sociology / Michel Callon. Includes Bibliographical References And Index. Expert contributors explore how concrete markets are built up and stabilized. They show how entities--material or non-material, human or non-human--are transformed into commodities, how economic behaviors are shaped by institutional arrangements, and whether it is possible to measure the role of the social sciences, particularly economics, in performing markets and in enforcing rational behavior. The authors explore how concrete markets are built up and stabilised, by considering such questions as how entities are transformed into commodities and how economic behaviours are shaped by institutional arrangements