"Economic sociology is the study of the social cause and effect of various economic phenomena."
The study of how economic systems and activities shape social relations and structure.
Social Embeddedness: The idea that economic behavior is not just determined by rational choices of individuals, but is also influenced by social norms, networks, and institutions.
Inequality and Stratification: The study of how economic inequality and social stratification are interconnected, and how they affect economic behavior and outcomes.
Market Exchange: The study of how markets work, how they are organized, and how they are embedded in social relations.
Economic Institutions: The study of how economic institutions are created, sustained, and transformed over time, and the role they play in economic behavior and outcomes.
Comparative Economic Systems: The study of how different economic systems (e.g. capitalism, socialism, communism) are organized, and how they affect economic behavior and outcomes.
Globalization: The study of how economic globalization is affecting economic behavior, institutions, and outcomes at local, national, and global levels.
Culture and Economic Behavior: The study of how cultural values, beliefs, and practices influence economic behavior, institutions, and outcomes.
Technology and Economic Change: The study of how technological changes affect economic behavior, institutions, and outcomes, and how they are shaped by social relations and institutions.
"The field can be broadly divided into a classical period and a contemporary one, known as 'new economic sociology.'"
"The classical period was concerned particularly with modernity and its constituent aspects, including rationalisation, secularisation, urbanisation, and social stratification."
"As sociology arose primarily as a reaction to capitalist modernity, economics played a role in much classic sociological inquiry."
"The specific term 'economic sociology' was first coined by William Stanley Jevons in 1879."
"The works of Émile Durkheim, Max Weber, and Georg Simmel between 1890 and 1920."
"Weber's work regarding the relationship between economics and religion and the cultural 'disenchantment' of the modern West."
"Contemporary economic sociology may include studies of all modern social aspects of economic phenomena."
"Frequent areas of inquiry in contemporary economic sociology include the social consequences of economic exchanges, the social meanings they involve, and the social interactions they facilitate or obstruct."
"Economic sociology may thus be considered a field in the intersection of economics and sociology."
"Contemporary economic sociology may include studies of the social consequences of economic exchanges."
"The social meanings they involve."
"The social interactions they facilitate or obstruct."
"Modernity and its constituent aspects."
"Rationalisation, secularisation, urbanisation, and social stratification."
"Sociology arose primarily as a reaction to capitalist modernity."
"Capitalist modernity."
"William Stanley Jevons in 1879."
"Émile Durkheim, Max Weber, and Georg Simmel."
"The approach set forth in the classic period of economic sociology."