Worlds of Production: The Action Frameworks of the EconomyHarvard University Press, 1997 - 370 páginas This intellectually bold but accessible book seeks to go beyond limitations of the reigning neoclassical and institutional paradigms in explaining the organization of economic activity. It does this by construing "non-economic" factors such as institutions, cultures, and social practices as conventions, which coordinate economic actors by defining specific "frameworks of economic action." In these conventional frameworks, the standard distinction between economic and non-economic no longer exists. The authors explore in detail four basic frameworks--or "possible worlds of production"--which underpin the mobilization of economic resources, the organization of production systems and factor markets, patterns of economic decision making, and forms of profitability. The case studies examine how these possible worlds act to support innovative production complexes in a variety of sectors in several countries. Michael Storper and Robert Salais show that economic actors coordinate actions with one another and interpret what others are doing in ways that are constructed by convention. The principal challenge to economic policy today, they argue, is to reconcile internally coherent conventions with the external tests of product and financial markets, which tend increasingly to escape jurisdictional borders. There is no single model of growth and efficiency that brings these two sides together around the world today, even in narrowly defined product markets. If policies are to deal effectively with an increasingly unified global system of flows of commodities, money, and people, they must be aware of the diverse, economically viable action frameworks found in different industries, regions, and nations. |
Dentro del libro
Resultados 1-3 de 47
... respect to the individ- ual's procedural rights , as in liberal - contractual theory , but ( in addition to those rights ) with respect to collective action and the right of groups to deploy different action frameworks in coordination ...
... respects diversity , and sees this respect as key to fairness . As a starting point , this view holds that one thing is universal - equal humanness requires that we treat the needs and capacities of all persons as if they merited equal ...
... respect the action frameworks of those upon whom they must depend in the social division of labor in innovation , and the terms of trade must be constructed around the recog- nition of those identities and respect for their autonomy ...
Contenido
Possible Worlds of Production | 26 |
1 Possible worlds of production | 33 |
Firms Profits Work and Innovation | 44 |
Derechos de autor | |
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Otras ediciones - Ver todas
Worlds of Production: The Action Frameworks of the Economy Michael Storper,Robert Salais Vista previa limitada - 1997 |
Worlds of Production: The Action Frameworks of the Economy Michael Storper,Robert Salais Vista de fragmentos - 1997 |
Términos y frases comunes
Referencias a este libro
The Evolution of Institutional Economics: Agency, Structure, and Darwinism ... Geoffrey Martin Hodgson Sin vista previa disponible - 2004 |
New Institutional Spaces: Training and Enterprise Councils and the Remaking ... Martin Jones Vista de fragmentos - 1999 |