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The Elgar Companion to Social Economics
As this comprehensive Companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom and equality to the standard emphasis on efficiency. The Elgar Companion to Social Economics brings together the leading contributors in the field to elucidate a wide range of recent developments across different subject areas and topics. In so doing the contributors also map the likely trends and directions of future research. This Companion will undoubtedly become a leading reference source and guide to social economics for many years to come.
More Information
Critical Acclaim
Contributors
Contents
More Information
As this comprehensive Companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom and equality to the standard emphasis on efficiency. The Elgar Companion to Social Economics brings together the leading contributors in the field to elucidate a wide range of recent developments across different subject areas and topics. In so doing the contributors also map the likely trends and directions of future research. This Companion will undoubtedly become a leading reference source and guide to social economics for many years to come.
Providing concise discussion and an indication of what to expect in future decades, this interdisciplinary Companion will be of great interest to students and academics of social economics and socio-economics, as well as institutional, evolutionary and heterodox economics. It will also appeal to management scholars and those concerned with business ethics.
Providing concise discussion and an indication of what to expect in future decades, this interdisciplinary Companion will be of great interest to students and academics of social economics and socio-economics, as well as institutional, evolutionary and heterodox economics. It will also appeal to management scholars and those concerned with business ethics.
Critical Acclaim
‘I highly recommend this volume for all scholars interested in challenging conventional wisdom about how a capitalist economy works, and willing to call into question assumptions that narrow our interpretation, preventing more socially beneficial practices from being implemented.’
– International Sociology
‘Davis and Dolfsma have edited a volume of 36 essays that provides a first-rate introduction to the recent cutting-edge scholarship in social economics. . . the volume provides an impressive and broad array of articles covering traditional social economic topics. . . Each essay is an excellent point of entry into social economic thought. This volume will be of great interest to economists writing in the heterodox tradition and/or to mainstream economists seeking a richer analysis of socioeconomic relationships. Highly recommended.’
– Q.M. Duroy, Choice
– International Sociology
‘Davis and Dolfsma have edited a volume of 36 essays that provides a first-rate introduction to the recent cutting-edge scholarship in social economics. . . the volume provides an impressive and broad array of articles covering traditional social economic topics. . . Each essay is an excellent point of entry into social economic thought. This volume will be of great interest to economists writing in the heterodox tradition and/or to mainstream economists seeking a richer analysis of socioeconomic relationships. Highly recommended.’
– Q.M. Duroy, Choice
Contributors
Contributors: R. Aalbers, M. Altman, D.B. Audretsch, P. Bardhan, P.D. Bush, J.C. Caldas, D. Campbell, L.F. Carvalho, M.M. Coşgel, F.A. Cowell, C. Dannreuther, J.B. Davis, G. DeMartino, A. Deshpande, W. Dolfsma, S.C. Dow, W.M. Dugger, D.M. Figart, D. George, I. Grabel, S.P. Hargreaves Heap, G.M. Hodgson, M. Keilbach, O. Kessler, S. Kesting, M. Klaes, A. Kleinknecht, E. Kuiper, H. Lopes, A. Mayhew, R. McMaster, A. Mehmood, F. Moulaert, E. Mutari, P.A. O’Hara, J. Paavola, I. Ray, J. Rodrigues, I. Røpke, H. Schenk, N. Sirven, M.A. Starr, J. Vail, G. van der Panne, I. van Staveren, M.D. White, L.R. Wray
Contents
Contents:
Preface
Social Economics: An Introduction and a View of the Field
John B. Davis and Wilfred Dolfsma
PART I: SOCIAL CONCERNS IN ECONOMICS
1. Environment and Sustainability
Jouni Paavola and Inge Røpke
2. Institutions, Culture and Values
Anne Mayhew
3. Insecurity
John Vail
4. The Ethical Dimensions of the ‘Globalization Thesis’ Debate
George DeMartino
PART II: THE SOCIALLY EMBEDDED INDIVIDUAL
5. Individual Preferences and Decision-Making
Shaun P. Hargreaves Heap
6. The Conception of the Socially Embedded Individual
John B. Davis
7. The Social Dimension of Internal Conflict
David George
8. The Socio-economics of Consumption: Solutions to the Problems of Interest, Knowledge and Identity
Metin M. Coşgel
PART III: INDIVIDUALS IN CONTEXT
9. Capabilities and Well-being
Irene van Staveren
10. Culture, Values and Institutions
Paul D. Bush
11. Caste and Diversity in India
Ashwini Deshpande
12. Feminism and/in Economics
Edith Kuiper
PART IV: GROWTH AND (IN-)EQUALITY
13. Income Distribution and Inequality
Frank A. Cowell
14. The Social Economics of Growth and Income Inequality
Morris Altman
PART V: SOCIALLY EMBEDDED EXCHANGE: MARKETS
15. Markets
Geoffrey M. Hodgson
16. Are Markets Everywhere? Understanding Contemporary Processes of Commodification
Luís Francisco Carvalho and João Rodrigues
17. Work: Its Social Meanings and Role in Provisioning
Deborah M. Figart and Ellen Mutari
PART VI: SOCIALLY EMBEDDED EXCHANGE: FIRMS
18. Firms: Collective Action and its Supportive Values
Helena Lopes and José Castro Caldas
19. Knowledge Spillover Entrepreneurship and Innovation in Large and Small Firms
David B. Audretsch and Max Keilbach
20. Firms, Managers and Restructuring: Implications of a Social Economics View
Hans Schenk
PART VII: SOCIAL RELATIONS IN THE ECONOMY
21. Social Capital: A Critique and Extension
Nicolas Sirven
22. Social Networks: Structure and Content
Wilfred Dolfsma and Rick Aalbers
23. Communication in the Economy: The Example of Innovation
Stefan Kesting
24. Methodological Approaches in Economics and Anthropology
Pranab Bardhan and Isha Ray
PART VIII: FINANCE, MONEY AND POLICY
25. Saving, Stock Market Investments and Pension Systems
Martha A. Starr
26. Monetary Policy
Sheila C. Dow
27. Banking, Finance and Money: A Social Economics Approach
L. Randall Wray
28. Global Finance and Development: False Starts, Dead Ends and Social Economic Alternatives
Ilene Grabel
PART IX: THE STATE
29. The Welfare State and Privatization
Robert McMaster
30. The States of Social Economics
Charlie Dannreuther and Oliver Kessler
PART X: LAW AND THE ECONOMY
31. Law and Social Economics: A Coasean Perspective
David Campbell and Matthias Klaes
32. Social Law and Economics and the Quest for Dignity and Rights
Mark D. White
PART XI: THE LONG VIEW
33. Technology and Long Waves in Economic Growth
Alfred Kleinknecht and Gerben van der Panne
34. Analysing Regional Development: From Territorial Innovation to Path-Dependent Geography
Frank Moulaert and Abid Mehmood
35. Radical Institutionalism
William M. Dugger
36. Exploitation and Surplus
Philip Anthony O’Hara
Index
Preface
Social Economics: An Introduction and a View of the Field
John B. Davis and Wilfred Dolfsma
PART I: SOCIAL CONCERNS IN ECONOMICS
1. Environment and Sustainability
Jouni Paavola and Inge Røpke
2. Institutions, Culture and Values
Anne Mayhew
3. Insecurity
John Vail
4. The Ethical Dimensions of the ‘Globalization Thesis’ Debate
George DeMartino
PART II: THE SOCIALLY EMBEDDED INDIVIDUAL
5. Individual Preferences and Decision-Making
Shaun P. Hargreaves Heap
6. The Conception of the Socially Embedded Individual
John B. Davis
7. The Social Dimension of Internal Conflict
David George
8. The Socio-economics of Consumption: Solutions to the Problems of Interest, Knowledge and Identity
Metin M. Coşgel
PART III: INDIVIDUALS IN CONTEXT
9. Capabilities and Well-being
Irene van Staveren
10. Culture, Values and Institutions
Paul D. Bush
11. Caste and Diversity in India
Ashwini Deshpande
12. Feminism and/in Economics
Edith Kuiper
PART IV: GROWTH AND (IN-)EQUALITY
13. Income Distribution and Inequality
Frank A. Cowell
14. The Social Economics of Growth and Income Inequality
Morris Altman
PART V: SOCIALLY EMBEDDED EXCHANGE: MARKETS
15. Markets
Geoffrey M. Hodgson
16. Are Markets Everywhere? Understanding Contemporary Processes of Commodification
Luís Francisco Carvalho and João Rodrigues
17. Work: Its Social Meanings and Role in Provisioning
Deborah M. Figart and Ellen Mutari
PART VI: SOCIALLY EMBEDDED EXCHANGE: FIRMS
18. Firms: Collective Action and its Supportive Values
Helena Lopes and José Castro Caldas
19. Knowledge Spillover Entrepreneurship and Innovation in Large and Small Firms
David B. Audretsch and Max Keilbach
20. Firms, Managers and Restructuring: Implications of a Social Economics View
Hans Schenk
PART VII: SOCIAL RELATIONS IN THE ECONOMY
21. Social Capital: A Critique and Extension
Nicolas Sirven
22. Social Networks: Structure and Content
Wilfred Dolfsma and Rick Aalbers
23. Communication in the Economy: The Example of Innovation
Stefan Kesting
24. Methodological Approaches in Economics and Anthropology
Pranab Bardhan and Isha Ray
PART VIII: FINANCE, MONEY AND POLICY
25. Saving, Stock Market Investments and Pension Systems
Martha A. Starr
26. Monetary Policy
Sheila C. Dow
27. Banking, Finance and Money: A Social Economics Approach
L. Randall Wray
28. Global Finance and Development: False Starts, Dead Ends and Social Economic Alternatives
Ilene Grabel
PART IX: THE STATE
29. The Welfare State and Privatization
Robert McMaster
30. The States of Social Economics
Charlie Dannreuther and Oliver Kessler
PART X: LAW AND THE ECONOMY
31. Law and Social Economics: A Coasean Perspective
David Campbell and Matthias Klaes
32. Social Law and Economics and the Quest for Dignity and Rights
Mark D. White
PART XI: THE LONG VIEW
33. Technology and Long Waves in Economic Growth
Alfred Kleinknecht and Gerben van der Panne
34. Analysing Regional Development: From Territorial Innovation to Path-Dependent Geography
Frank Moulaert and Abid Mehmood
35. Radical Institutionalism
William M. Dugger
36. Exploitation and Surplus
Philip Anthony O’Hara
Index
