Can there be a sociological concept of interest?

Abstract

This article raises the question of whether it is possible to have not only an economic concept of interest but also a sociological one, and, if so, what such a concept would be like. By way of an answer, the history of how sociologists have tried to use the concept of interest in their analyses is traced, starting with Gustav Ratzenhofer in the 1890s and ending with Pierre Bourdieu and John Meyer today. This focus on what sociologists have to say about interest represents a novelty as the conventional histories of this concept pass over the contribution by sociologists in total silence. The various attempts by sociologists to use the concept of interest are divided into two main categories: when interest is seen as the driving force in social life, and when interest is seen as a major force in social life, together with other factors. I also discuss the argument by some sociologists that interest is of little or no importance in social life. The different strategies for how to handle the concept of interest in a sociological analysis are discussed in the concluding remarks, where it is argued (following Weber and Bourdieu) that interests can usefully be understood to play an important role in social life, but together with other factors.