Front cover image for The market

The market

* Concise introduction to the sociology of the market for upper-level undergraduates. * Covers relevant debates on market forms, social theories and critiques of markets, market failure, aspects of market behaviour, market ideologies, and the 'marketisation' of other sectors of social and public life.
Print Book, English, 2005
Polity, Cambridge, 2005
VI, 167 Seiten ; 23 cm.
9780745632223, 9780745632230, 074563222X, 0745632238
255178935
Acknowledgements. Introduction.. 1. The rise of the market. Elements of market society. The invisible hand: social co-ordination without a co-ordinator. Freedom, liberalism and the market. Christian, civic republican and Marxian responses. The market as utopia and dystopia. The expansion of the market.. 2. Capitalism and the free market: success and failure. Market populism. The efficient market. Market fundamentalism. Public choice theory. Rational choice and instrumental rationality. Market failure. Denying market failure: in defence of monopoly. Market-based solutions: protecting the environment. Is and ought: the market as ideology.. 3. The social reality of markets. The problem of social order. A question of trust. Embeddedness, trust - and fraud. Abandoned markets, abandoned consumers. Human beings as rational actors. Freedom and autonomy. Money and monies. Primitive and modern economies. The 'problem' of culture.. 4. Colonization, compromise and resistance. Beck's critique of globalism. The globalization of nothing? Market socialism. The Third Way. In defence of practices Promotional culture: the case of universities. The market experience. References. Index.