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Sociology of the Invisible Hand

Sociology of the Invisible Hand

Hardcover

Series: Studies in Social Sciences, Philosophy and History of Ideas, Book 20

Business GeneralPersonal FinanceGeneral Sociology

ISBN10: 3631672322
ISBN13: 9783631672327
Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
Published: Jul 11 2018
Pages: 430
Weight: 1.49
Height: 1.30 Width: 5.90 Depth: 8.30
Language: English

This book illustrates the applicability of the seminal and controversial metaphor of the invisible hand in modern sociological theory. It shows that sociologists have long been part of a field mainly associated with economists and political philosophers. Though unlike the framing that builds directly on Adam Smith, sociological theory focuses on undesirable and perverse outcomes. Furthermore, the sociological angle favors the explanation of invisible hand-like mechanisms as contingent upon social structures and broader processes. Thus, it goes beyond its classical formulation in terms of interdependence, interaction and aggregation of individual actions.

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General Sociology