New book explores economic sociology of capitalism


ITHACA, N.Y. -- Two leading economic sociologists from Cornell University have co-edited a new book examining how capitalism works to bring social and economic order in an era of globalization and far-reaching change in the organization of economic life.

"The Economic Sociology of Capitalism" (Princeton University Press, 2005) seeks to offer a big-picture analysis of capitalism and how economic institutions, organizations and social networks -- such as social relations, culture, politics, law and gender -- shape or impact the dynamics of capitalism. It is co-edited by Victor Nee and Richard Swedberg, both professors of sociology at Cornell and the director and associate director, respectively, of the Center for the Study of Economy and Society at Cornell.

With 16 chapters by leading scholars in economic sociology, including a contribution by Douglass C. North, Nobel laureate in economics, the book is organized around three major themes: core issues and problems in the new study of capitalism; an analysis of capitalism in America, the leading capitalist economy in the world; and a look at the globalization of capitalism.

The 496-page book, available in both hardback and paperback, includes a foreword by Avner Greif, the Bowman Family Endowed Professor in the Humanities and Sciences at Stanford University and an economic historian, and a detailed introduction by the two Cornell editors.

Source: Eurekalert & others

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