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Culture and markets : how economic sociology conceptualizes culture

By: LEVIN, Peter.
Material type: materialTypeLabelArticlePublisher: Thousand Oaks : SAGE, September 2008The Annals of the American Academy of Political and Social Science 619, p. 114-129Abstract: Current ways of addressing culture in the sociology of markets are incomplete. One approach treats culture as constitutive of markets (markets are culture), while the other treats culture as something affecting markets (markets have culture). This division corresponds to markets that are more or less "settled." The author outlines the history and shortcomings of this duality and proposes a more dimensional approach to culture and markets that more fully integrates culture into economic sociology.
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Current ways of addressing culture in the sociology of markets are incomplete. One approach treats culture as constitutive of markets (markets are culture), while the other treats culture as something affecting markets (markets have culture). This division corresponds to markets that are more or less "settled." The author outlines the history and shortcomings of this duality and proposes a more dimensional approach to culture and markets that more fully integrates culture into economic sociology.

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