Culture and Markets: How Economic Sociology Conceptualizes Culture

Peter Levin
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Peter Levin: Barnard College

The ANNALS of the American Academy of Political and Social Science, 2008, vol. 619, issue 1, 114-129

Abstract: Current ways of addressing culture in the sociology of markets are incomplete. One approach treats culture as constitutive of markets (markets are culture), while the other treats culture as something affecting markets (markets have culture). This division corresponds to markets that are more or less “settled.†The author outlines the history and shortcomings of this duality and proposes a more dimensional approach to culture and markets that more fully integrates culture into economic sociology.

Keywords: sociology of markets; performativity; cultural sociology; social studies of finance (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:619:y:2008:i:1:p:114-129

DOI: 10.1177/0002716208319904

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