TABLE OF CONTENTS: PREFACE vii INTRODUCTION 1 PART ONE: CRITIQUE 5 ONE: The Limits of the Rational-Actor Model as a Microfoundation of Economic Efficiency 7 Cooperation 18 Uncertainty 36 Innovation 50 PART TWO: CONCEPTS 67 TWO: Émile Durkheim: The Economyas Moral Order 69 Sociology as the Science of Morality 74 Durkheim's Critique of Economics 76 Economic Institutions as Moral Facts 81 Anomie and Forced Division of Labor 114 Stabilizing Economic Relations with Professional Groups 119 Cooperation and Morality 122 Appendix: Systematizing the View of the Economy in Sociological Theory: Durkheim through Weber to Parsons 125 THREE: Talcott Parsons: The Economyas a Subsystem of Society 133 Economic and Sociological Theory in Parsons's Early Work 135 The Economy as the Adaptive Subsystem of Society 149 The Boundary Proceses of the Economy 156 The Institutional Establishment of Economic Rationality 192 Cooperation and Interpenetration 197 FOUR: Niklas Luhmann: The Economyas a Autopoietic System 201 The Self-Referentiality of the Economy 207 The Reentry of the Excluded Third Party 216 System and Action 233 FIVE: Anthony Giddens: Actor and Structure in Economic Action 241 Interpretation and Structuration of Economic Action ??? Cooperation and Reflextivity 259 Innovation and Creativity 269 PART THREE: CONCLUSIONS 283 SIX: Perspectives for Economic Sociology 285 NOTES 297 BIBLIOGRAPHY 327 INDEX 347
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