ISBN:
9780857242082
,
0857242083
Language:
English
Pages:
Online Ressource (xv, 388 p.)
Edition:
1st ed.
Edition:
Online-Ausg.
Series Statement:
Research in the sociology of organizations v. 30B
Parallel Title:
Print version Markets on trial : the economic sociology of the U.S. financial crisis. Part B
DDC:
306.3
Keywords:
Economics Sociological aspects
;
Global Financial Crisis, 2008-2009
;
Economics Sociological aspects
;
Economics Sociological aspects
;
Global Financial Crisis, 2008-2009
;
Economics ; Sociological aspects
;
SOCIAL SCIENCE ; Anthropology ; Cultural
;
POLITICAL SCIENCE ; Public Policy ; Cultural Policy
;
Economic history
;
SOCIAL SCIENCE ; Popular Culture
;
United States Economic conditions
;
2001-2009
;
United States
;
United States Economic conditions 2001-2009
;
United States Economic conditions 2001-2009
;
United States
;
Electronic books
;
Electronic books
Abstract:
Part B. Markets on trial: toward a policy-oriented economic sociology / Michael Lounsbury and Paul M. Hirsch -- The misapplication of Mr. Michael Jensen: how agency theory brought down the economy and why it might again / Frank Dobbin and Jiwook Jung -- Neoliberalism in crisis: regulatory roots of the U.S. financial meltdown / John L. Campbell -- The American corporate elite and the historical roots of the financial crisis of 2008 / Mark S. Mizruchi -- The political economy of financial exuberance / Greta R. Krippner -- The institutional embeddedness of market failure: why speculative bubbles still occur / Mitchel Y. Abolafia -- The social construction of causality: the effects of institutional myths on financial regulation / Anna Rubtsova, Rich Dejordy, Mary Ann Glynn And Mayer Zald -- Mesoeconomics: Business cycles, entrepreneurship, and economic crisis in commercial building markets / Thomas D. Beamish and Nicole Woolsey Biggart -- Through the looking glass: inefficient deregulation in the United States and efficient state ownership in China / Doug Guthrie and David Slocum -- Precedence for the unprecedented: a comparative institutionalist view of the financial crisis / Gerald A. McDermott -- After the ownership society: another world is possible / Gerald F. Davis -- What if we had been in charge? The sociologist as builder of rational institutions / Ezra W. Zuckerman -- The future of economics, new circuits for capital, and re-envisioning the relation of state and market / Fred Block.
Abstract:
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
Description / Table of Contents:
Part B. Markets on trial: toward a policy-oriented economic sociology / Michael Lounsbury and Paul M. HirschThe misapplication of Mr. Michael Jensen: how agency theory brought down the economy and why it might again / Frank Dobbin and Jiwook Jung -- Neoliberalism in crisis: regulatory roots of the U.S. financial meltdown / John L. Campbell -- The American corporate elite and the historical roots of the financial crisis of 2008 / Mark S. Mizruchi -- The political economy of financial exuberance / Greta R. Krippner -- The institutional embeddedness of market failure: why speculative bubbles still occur / Mitchel Y. Abolafia -- The social construction of causality: the effects of institutional myths on financial regulation / Anna Rubtsova, Rich Dejordy, Mary Ann Glynn And Mayer Zald -- Mesoeconomics: Business cycles, entrepreneurship, and economic crisis in commercial building markets / Thomas D. Beamish and Nicole Woolsey Biggart -- Through the looking glass: inefficient deregulation in the United States and efficient state ownership in China / Doug Guthrie and David Slocum -- Precedence for the unprecedented: a comparative institutionalist view of the financial crisis / Gerald A. McDermott -- After the ownership society: another world is possible / Gerald F. Davis -- What if we had been in charge? The sociologist as builder of rational institutions / Ezra W. Zuckerman -- The future of economics, new circuits for capital, and re-envisioning the relation of state and market / Fred Block.
Note:
Includes bibliographical references. - Description based on print version record
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