The Social Structures of the Economy Paperback - 2005 - 1st Edition
by Pierre Bourdieu
From the rear cover
Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality.
As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and towns.
The abstract and illusory nature of the assumptions of orthodox economic theory has been criticised by some economists, but Bourdieu argues that we must go further. Supply, demand, the market and even the buyer and seller are products of a process of social construction, and so-called 'economic' processes can be adequately described only by calling on sociological methods. Instead of seeing the two disciplines in antagonistic terms, it is time to recognize that sociology and economics are in fact part of a single discipline, the object of which is the analysis of social facts, of which economic transactions are in the end merely one aspect.
This brilliant study by the most original sociologist of post-war France will be essential reading for students and scholars of sociology, economics, anthropology and related disciplines.
Details
- Title The Social Structures of the Economy
- Author Pierre Bourdieu
- Binding Paperback
- Edition number 1st
- Edition 1
- Pages 180
- Volumes 1
- Language ENG
- Publisher Polity Press, Cambridge, UK
- Date 2005-04-22
- Illustrated Yes
- Features Bibliography, Illustrated, Index, Table of Contents
- ISBN 9780745625409 / 0745625401
- Weight 0.89 lbs (0.40 kg)
- Dimensions 9.05 x 6.1 x 0.79 in (22.99 x 15.49 x 2.01 cm)
- Library of Congress subjects Economics - Sociological aspects, Housing policy - France
- Library of Congress Catalog Number 2005620708
- Dewey Decimal Code 306.3
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