The Social Structures of the Economy
By (author) Pierre Bourdieu
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Social Structures of the Economy by Pierre Bourdieu
Book DescriptionMuch orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality.As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and towns. The abstract and illusory nature of the assumptions of orthodox economic theory has been criticised by some economists, but Bourdieu argues that we must go further. Supply, demand, the market and even the buyer and seller are products of a process of social construction, and so-called 'economic' processes can be adequately described only by calling on sociological methods. Instead of seeing the two disciplines in antagonistic terms, it is time to recognize that sociology and economics are in fact part of a single discipline, the object of which is the analysis of social facts, of which economic transactions are in the end merely one aspect. This brilliant study by the most original sociologist of post-war France will be essential reading for students and scholars of sociology, economics, anthropology and related disciplines.
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Book DetailsISBN: 9780745625393
(229mm x 152mm x 19mm)
Imprint: Polity Press
Publisher: Polity Press
Publish Date: 21-May-2005
Country of Publication: United Kingdom
Books By Author Pierre Bourdieu
What is a People?, Hardback (May 2016)
These outspoken intellectuals seek to reclaim "people" as an effective political concept by revisiting its uses and abuses over time. By engaging this topic linguistically, ethnically, culturally, and ontologically, these scholars help separate "people" from its fraught associations to pursue more vital formulations.
Sociologist and the Historian, Paperback (April 2015)
In 1988, the renowned sociologist Pierre Bourdieu and the leading historian Roger Chartier met for a series of lively discussions that were broadcast on French public radio.
On the State, Hardback (December 2014)View all books by Pierre Bourdieu
What is the nature of the modern state? How did it come into beingand what are the characteristics of this distinctive field of powerthat has come to play such a central role in the shaping of allspheres of social, political and economic life? In this major work the great sociologist Pierre Bourdieu addressesthese fundamental questions.
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Author Biography - Pierre Bourdieu
Pierre Bourdieu was the Professor of Sociology at the College de France.
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