Research on what determines the performance of start-up companies is characterized by a sharp debate in the literature of economic sociology and the sociology of the economy. There is one extreme view proposing that in the long run, a rational market takes care of allocating scarce resources such as venture capital funding to the most potentially profitable and exciting business plans. By contr...

The challenge of Karl Polanyi. Journal of European Economic History 6: 703–16 Schmoller G 1904 Grundriss der Allgemeinen Volkswirtschaftslehre. Teil 2. Duncker und Humblot, Leipzig Swedberg R 1994 Markets as social structures. In: Smelser N J, Swedberg R (eds.) The Handbook of Economic Sociology. Princeton University Press, Princeton, NJ, pp. 255–82 Vanberg V J 1982 Markt und Organisation. J. C...

Purpose – Since the 1960s, the affluent democracies have experienced substantial changes in earnings inequality at the same time as heightening economic globalization. This paper investigates the relationship between these two processes. Methodology/Approach – I use fixed-effects models, and comprehensive measures of globalization and earnings inequality to scrutinize the relationship between t...

The vague, yet undoubtedly desirable, notion of sustainability has been discussed and debated by many natural and social scientists. We argue that mainstream conceptions of sustainability, and the related concept of sustainable development, are mired in a “pre-analytic vision” that naturalizes capitalist social relations, closes off important questions regarding economic growth, and thus limits...

The Contradiction/Correspondence between Secondary Educational System’s Objectives and Regulations F. Mohammadi* M. Noghaanidokht Bahmani, Ph.D. ** M. Kermaani, Ph.D. *** K. Khaaleghpanaah, Ph.D. ****    To improve the quality of education in Iran any contradiction between the regulations and objectives needs to be rectified and correspondences strengthened. To this end,...

Edited by Victor Nee & Richard Swedberg: The Economic Sociology of Capitalism is published by Princeton University Press and copyrighted, © 2005, by Princeton University Press. All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from t...

The main goal of this paper is to address the issues ofdefining and measuring the concept of ‘financial literacy’in all-Russian surveys as well as to reveal the changes inthe level of financial literacy of Russians during the pe-riod of 2008-2010. The main finding of these surveys is that the level offinancial literacy of Russians is low. During the crisis itstarted grow...

Stock Markets on Trial | by Michael Lounsbury and Pooya Tavakoly_4 Market and Hierarchy | by Robert Müller and Jürgen Beyer_14 Imitation and Deviation | by Klaus Kraemer_21 Can the Immobile Stop the Mobile? | by Olivier Godechot_27 The Infrastructure of Financial Markets | by Magneta Konadu and Herbert Kalthoff_34 Interview: Questioning Economists’ Notion of Value André Orléan interviewed by Ra...

Economist and sociologist Vilfredo Pareto (1848–1923) developed a general theory of social inequality inspired by his discovery of similarities in the shape of the income distribution across societies. Pareto’s approach is characterized by (1) a focus on individual, continuous income variation rather than discrete classes; (2) attention paid to the entire socio-economic distribution rather than...

T INTR he food system is undergoing profound changes, at the level of production and consumption models. Economic theory on the one hand, and sociological and anthropological theories on the other, give different interpretations of the changes, but these often do not confront each other. Moreover, within sociology, with regard to food, ‘(a) curious, if implicit, division of labour seems to have...