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Beyond the Market: The Social Foundations of Economic Efficiency

By: Jens Beckert; Barbara Harshav | Book details

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Contents
PREFACEvii
INTRODUCTION1
PART ONE: CRITIQUE5
ONE 
The Limits of the Rational-Actor Model as a
Microfoundation of Economic Efficiency
7
Cooperation18
Uncertainty36
Innovation50
PART TWO: CONCEPTS67
TWO 
Émile Durkheim: The Economy as Moral Order69
Sociology as the Science of Morality74
Durkheim’s Critique of Economics76
Economic Institutions as Moral Facts81
Anomie and Forced Division of Labor114
Stabilizing Economic Relations with Professional Groups119
Cooperation and Morality122
Appendix: Systematizing the View of the Economy in Sociological Theory: Durkheim through Weber to Parsons125
THREE 
Talcott Parsons: The Economy as a Subsystem of Society133
Economic and Sociological Theory in Parsons’s Early Work135
The Economy as the Adaptive Subsystem of Society149
The Boundary Processes of the Economy156
The Institutional Establishment of Economic Rationality192
Cooperation and Interpenetration197
FOUR 
Niklas Luhmann: The Economy as a Autopoietic System201
The Self-Referentiality of the Economy207

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