
Sign up to save your podcasts
Or
Fligstein’s 1996 article, “Markets as politics: A political-cultural approach to market institutions,” was an important contribution to the field of economic sociology, countering the dominant neoclassical view of economics that failed to explain market behaviors in practice. He argued for an alternative paradigm – a “political-cultural” model that suggested that the formation of markets was part of “state building” and subjected to various social institutions that belonged to the state such as property rights and rules of exchange. A very provocative piece that bridges institution theory with theories of social action.
4.6
1313 ratings
Fligstein’s 1996 article, “Markets as politics: A political-cultural approach to market institutions,” was an important contribution to the field of economic sociology, countering the dominant neoclassical view of economics that failed to explain market behaviors in practice. He argued for an alternative paradigm – a “political-cultural” model that suggested that the formation of markets was part of “state building” and subjected to various social institutions that belonged to the state such as property rights and rules of exchange. A very provocative piece that bridges institution theory with theories of social action.
1,028 Listeners
7,659 Listeners
1,856 Listeners
90,860 Listeners
309 Listeners
30,688 Listeners
1,461 Listeners
1,842 Listeners
9,510 Listeners
972 Listeners
16,093 Listeners
1,965 Listeners
425 Listeners
649 Listeners
15,488 Listeners