Leaving Commonplaces on the Common Place: Cornerstones of a Polyphonic Market Theory
Tamara: Journal for Critical Organization Inquiry, Vol. 10, No. 3, pp. 43-52, 2012
10 Pages Posted: 22 Dec 2012 Last revised: 8 Apr 2013
Date Written: September 22, 2012
Abstract
Markets are considered economic phenomena, which is said to be true even if markets are considered social structures, cultural fields, or simply politics, at the same time. Against this background, the present paper argues for a polyphonic market concept. Unlike the popular economy-biased notion of markets, such a concept allows for the analysis of markets in eras and areas where functional differentiation did or does not exist or play a major role. Furthermore, it turns the idea of the ultimately economic nature of markets from an axiom to a research question. In doing so, it breaks ground for research in major trends in functional differentiation and in the preferences for particular function systems featured by concrete groups, milieus or organizations.
Keywords: Markets, New economic sociology, Functional differentiation, Polyphony
JEL Classification: A14, Z10
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
By Jens Beckert
-
Corporate Lawyer-Client Relationships: Bankers, Lawyers, Clients and Enduring Relationships
By John Flood
-
The Vultures Fly East: The Creation and Globalisation of the Distressed Debt Market
By John Flood
-
Performing Power: The Deal, Corporate Rule, and the Constitution of Global Legal Order
By Fleur Johns
-
By Eli Wald
-
Straight There No Detours: Direct Access to Barristers (Report 2008)
By John Flood and Avis Whyte
-
Straight There No Detours: Direct Access to Barristers
By John Flood and Avis Whyte
-
Straight There No Detours: Direct Access to Barristers
By John Flood and Avis Whyte
-
Market Constitution Analysis: A New Framework Applied to Solar Power Technology Markets