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Economy and State: A Sociological Perspective

Economy and State: A Sociological Perspective

Hardcover

Series: Economy and Society, Book 3

General Sociology

ISBN10: 0745644546
ISBN13: 9780745644547
Publisher: Polity Pr
Published: Jun 8 2010
Pages: 200
Weight: 1.00
Height: 0.90 Width: 5.90 Depth: 8.30
Language: English
Should governments be involved in economic affairs? Challenging prevailing wisdom about the benefits of self-regulating markets, Nina Bandelj and Elizabeth Sowers offer a uniquely sociological perspective to emphasize that states can never be divorced from economy. From defining property rights and regulating commodification of labor to setting corporate governance standards and international exchange rules, the state continuously manages the functioning of markets and influences economic outcomes for individuals, firms and nations.

The authors bring together classical interventions and cutting-edge contemporary research in economic sociology to discuss six broad areas of economy/state connection: property, money, labor, firms, national economic growth, and global economic exchange. A wealth of empirical examples and illustrations reveals that even if the nature of state influence on economy varies across contexts, it is always dependent on social forces.

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General Sociology