Markets On Trial
eBook - PDF

Markets On Trial

The Economic Sociology of the U.S. Financial Crisis

  1. 404 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Markets On Trial

The Economic Sociology of the U.S. Financial Crisis

About this book

Since the mid-20th century, organizational theorists have increasingly distanced themselves from the study of core societal power centers and important policy issues of the day. This has been driven by a shift away from the study of organizations, politics, and society and towards a more narrow focus on instrumental exchange and performance. As a result, our field has become increasingly impotent as a critical voice and contributor to policy. For a contemporary example, witness our inability as a field to make sense of the recent U.S. mortgage meltdown and concomitant global financial crisis. It is not that economic and organizational sociologists have nothing to say. The problem is that while we have a great deal of knowledge about finance, the economy, entrepreneurship and corporations, we fail to address how the knowledge in our field can be used to contribute to important policy issues of the day. This double-volume brings together some of the very top scholars in the world in economic and organizational sociology to address the recent global financial crisis debates and struggles around how to organize economies and societies around the world.

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Yes, you can access Markets On Trial by Michael Lounsbury,Paul M. Hirsch, Michael Lounsbury in PDF and/or ePUB format, as well as other popular books in Social Sciences & Sociology. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Front cover
  2. Markets on Trial: The Economic Sociology of the U.S. Financial Crisis: Part B
  3. Copyright page
  4. Contents
  5. List of contributors
  6. Advisory board
  7. Acknowledgments
  8. Part B
  9. Introduction to the Special Two-Volume Set
  10. Markets on trial: toward a policy-oriented economic sociology
  11. Section III: Historical Origins of the U.S. Financial Crisis
  12. Chapter 1. The misapplication of Mr. Michael Jensen: how agency theory brought down the economy and why it might again
  13. Chapter 2. Neoliberalism in crisis: Regulatory roots of the U.S. financial meltdown
  14. Chapter 3. The American corporate elite and the historical roots of the financial crisis of 2008
  15. Chapter 4. The political economy of financial exuberance
  16. Section IV: Crisis Production: Speculative Bubbles and Business Cycles
  17. Chapter 5. The institutional embeddedness of market failure: Why speculative bubbles still occur
  18. Chapter 6. The social construction of causality: The effects of institutional myths on financial regulation
  19. Chapter 7. Mesoeconomics: Business cycles, entrepreneurship, and economic crisis in commercial building markets
  20. Section V: Comparative Institutional Dynamics
  21. Chapter 8. Through the looking glass: Inefficient deregulation in the United States and efficient state ownership in China
  22. Chapter 9. Precedence for the unprecedented: A comparative institutionalist view of the financial crisis
  23. Section VI: A Future Society And Economy
  24. Chapter 10. After the Ownership Society: another world is possible
  25. Section VII: Postscripts
  26. Chapter 11. What if we had been in charge? The sociologist as builder of rational institutions
  27. Chapter 12. The future of economics, new circuits for capital, and re-envisioning the relation of state and market