Economic Sociology Research Articles

Illegal Wildlife Trade: Prospects for Economic Sociology

Illegal Wildlife Trade: Prospects for Economic Sociology

Monehedonizm Nedir? Ekonomi Sosyolojisi Perspektifinden 'Monehedonizm' Kavramının Değerlendirilmesi

Monehedonism is a conceptualization obtained by Muhammet Caner Ilgaroğlu, a specialist in moral philosophy, by combining the concepts of Monetarism, which is a monetary economic theory, and Hedonism, which is a hedonistic moral theory. Monehedonism, which is expressed in Turkish as “Parasalhazcılık”, is an economic theory that starts out with the claim that the amount of money and its supply to the market will correct the economic balances, making money more valuable than ever before in history, and that it is the basic value that determines the market, gradually increasing economic, social and economic aspects in social life. The concept in question reflects many problems that arise on the axis of economy-society-moral relations. We consider that Monehedonism is a conceptualization that allows the unbalanced income situations, consumption habits and social relations that occur in economic and social structures where money is positioned as an object of pleasure to be addressed from the perspective of economic sociology. In this article, by evaluating it from the perspective of economic sociology, it will be discussed whether the concept in question is functional in defining and solving socio-economic and socio-psychological problems.

Проблема применимости понятия парадигма к философскому процессу

Since the second half of the 20th century, Kuhn's concept has been used in philosophy of natural science, sociology and history of science, biology, medicine, political sciences, economics and history of economics, anthropology and history of anthropology, psychology and history of psychoanalysis, theory of art and literature, mathematics, linguistics. A.P. Ogurtsov and S.S. Neretina systematized the controversial issues of this concept, including the question of the qualification of philosophy as a discipline. The author joined this discussion in the process of reconstructing the political philosophy of M.K. Petrov. This article discusses several new topics related to the interpretation of T. Kuhn's concept.

Making mobility a market: an economic sociology of migration brokerage

Making mobility a market: an economic sociology of migration brokerage

Seminal ideas for old and new problems in Latin America: José Medina Echavarría and his legacy

ABSTRACT José Medina Echavarría is known as one of the most important sociologists of the twentieth century in Latin America. During his exile in México, Puerto Rico, and Chile, he developed vast intellectual networks that contributed to the complex process of institutionalization of sociology in our countries. In this paper, we explain how this was possible through new editorials, translations on social science topics, seminars, debates, and the foundation of important departments of Sociology. These included a double contribution of Medina Echavarría: a reflection on sociology that required a precise conceptual language, and what he called vertical and horizontal theories. And second, his guiding efforts with the critical analysis of the modernization processes in this continent, after the Second World War. We analyze in both these contributions the clear legacy of Weber’s theory of action and his economic sociology.

Editorial Presentation - Perspectives on innovation governance: challenges and dilemmas

Editorial Presentation - Perspectives on innovation governance: challenges and dilemmas

Markets for Promoting Innovation in Health Care? A Market Practice Study of Public Procurement of Innovation (PPI)

This article critically analyzes public procurement of innovation (PPI) as an instance of using markets or market-like aspects as a means to resolve public concerns. It reports findings from a case of procuring radiation therapy equipment for a university hospital in Stockholm, Sweden. By extending a line of literature built on economic sociology as well as science and technology studies (STS), the study elaborates on public actors’ efforts in framing markets to promote innovation. The case illustrates how the participating actors constructed the notion of innovativeness to be introduced into health care as means of addressing various public concerns. It also reveals the intended—and unintended—consequences of PPI as manifested in various actors’ claims on the value of PPI realized in practice. The study suggests that it is extremely difficult to frame a market for the realization of innovation via procurement as a policy instrument because we cannot predict the ultimate impacts of devices and practices employed in such initiatives. By formulating a practice-based critique of PPI, our study invites important questions about the potentiality of such instruments for governing innovation without delimiting their consequences to the success-or-failure dichotomy as prescribed in predefined tools and strategies.

Pemikiran Sosiologi Ekonomi Islam

Abstract 
 This study carries the thought of Islamic economic sociology as an approach that combines the principles of Islamic economics with social analysis in understanding economic phenomena in the context of Muslim societies. The purpose of this research is to identify the main issues in Islamic economic sociology thinking, explain the research objectives, present the methods/approaches used, and summarize the research results.
 This research identifies several main issues in Islamic economic sociology thinking, including distributive justice, economic and environmental sustainability, and ethical values in business. This research aims to deepen understanding of this thinking and its relevance in dealing with contemporary economic challenges. The method/approach used is an analysis of literature and classical Islamic texts, as well as relevant empirical research.
 The results of the study show that the sociological thinking of Islamic economics makes an important contribution to understanding economic phenomena in Muslim societies. Islamic principles, such as distributive justice, sustainability, and ethical values, form the foundation for building an inclusive and sustainable economic model. This research also uncovers important issues such as social inequality, gender inequality, and environmental impact on economic activity.
 The results of the study show that Islamic economic sociology has the potential to provide a comprehensive view of overcoming social and economic challenges in Muslim societies. This research concludes that this approach can be a source of inspiration for sustainable economic policies, as well as promoting justice, balance, and prosperity for all members of Muslim society.

Embedded Economic Behavior in Baatar Jujuran of Banjar Tradition in Banjarmasin

This research delves into the economic behavior embedded in the traditional Banjar wedding process of Baatar Jujuran, a distinctive practice in South Kalimantan, Indonesia. While from a classical economics perspective, individual actions are often viewed as rational and instrumental, this study explores how cultural and religious values significantly influence the economic actions of the Banjar people. This research employs a qualitative approach through in-depth interviews with informants selected via purposive sampling. Three informants were chosen, including a community leader, a cultural expert, and a religious figure with expertise in Islamic perspectives on marriage. Result found Baatar Jujuran involves the groom providing a sum of money to the bride's family, with the amount being determined by the bride, reflecting family social status. Through the theory of embeddedness, this research reveals that economic actions, even in a modern society, remain socially embedded in non-economic institutions like culture and religion, demonstrating the pervasive impact of cultural and religious values. The study also examines the Baatar Jujuran tradition from an Islamic perspective, highlighting its compatibility with Islamic teachings and practices. The findings illustrate how cultural and religious values, along with the dynamics of personal relationships, significantly shape economic behaviors in the Banjar community, offering a unique perspective on economic sociology.

Recent Research and Theory on Market in Sociology; A Semi-Systematic Literature Review

AbstractCurrent studies of market use social science theories and offer new theoretical approaches. This article discusses the latest theories and approaches to analyze the market. This research was conducted with semi-systemic literature review approach. The data is obtained through searching the published article in online scientific journals related to the market. Data analysis was carried out by thematically categorizing the finding and the presented descriptively. The results found two categories of approaches in the study of markets, namely Structural and Performative (consisted of institutional, network, cultural and normative approaches), and an integrative approach (consisted of integration of social forces and neo-institutionalism in sociology). This paper argues that current theories tend to analyze the market towards stability than dynamics, and the market system than the marketplace. Therefore, this paper purpose a suitable theoretical approach to understand market stability, dynamics and the market as a market place and a market system simultaneously.Keywords:Market Place, Market System, Economic Sociology, Sociology of Market

Movement meaning of money: Monetary mobilization in Hong Kong’s prodemocracy movement

The resource mobilization (RM) theory has long discovered the significance of money for protests; yet can this insight be applied to nowadays’ decentralized movements, characterized by the absence of organizational leadership and more creative and spontaneous participation from below? While the RM perspective is anchored in a political economy of organizational fundraising, it is time to bring in Viviana Zelizer’s economic sociology to understand how participants utilize the role of donors, consumers, savers, and investors for the movement purpose. Focusing on Hong Kong’s prodemocracy movement, this article theorizes the full panoply of ‘monetary mobilization’ to revise RM’s narrow conception. By offering a safer and anonymous channel of expression, monetary mobilization emerges as a substitute for in-person participation for risk-averse citizens with financial means. Money is always loaded with symbolic meanings and ethical considerations so that it also functions as a vehicle of the moral outrage and utopian aspirations. Participants are keen to establish a proper relationship between sponsors and beneficiaries by exercising diligent oversight to prevent its corruption. Contrary to the instrumentalist conception, money is per se not a fully fungible and all-purpose resource.

The Asymmetry of Embeddedness: Illegal Trade Networks and Drug Purchasing Diversity on an Online Illegal Drug Market

Abstract While economic sociology research and theory argue that excessive network embeddedness depresses competition in illegal markets, prior research does not examine how distinct types of embeddedness may have asymmetric effects on the diversity of purchasing behavior—the range of illegal goods that buyers typically purchase. This study considers how network embeddedness can positively or negatively affect drug purchasing diversity in online drug markets by referring buyers to new vendors or “locking” buyers into recurrent trade for the same products. We analyze novel network data on 16,847 illegal drug exchanges between 7205 actors on one online illegal drug market. Consistent with hypothesized network asymmetry, buyers are more likely to purchase a new type of drug when the transaction is part of an indirect network referral. Although histories of exchange increase the overall frequency of drug purchasing, they are associated with decreases in new drug-type purchases. In the aggregate, these processes either contribute to an integrated market where buyers purchase multiple drugs from multiple vendors (in the case of referrals) or a fragmented market characterized by recurrent trade from the same vendors for the same substances (in the case of repeated trade). We discuss the implications of these findings for research on embeddedness, illegal markets, risky exchange, and drug policy.

Money matters: How social class shapes students’ understandings of financing their education

Higher education is increasingly expensive, and access disparities by race and social class exist. Yet, we lack nuance in the scholarly literature about students’ understandings of how they finance their college education. We examine how class-based differences influence how students finance college education. We draw on concepts from economic sociology and sensemaking to examine how class backgrounds shape students’ meaning-making of finance and funding their college education. Through interviews with 56 community college students, we examine what money means to students and how that varies across classes, with implications for transfer decisions and outcomes. We surface important implications for students’ behaviors and decisions in college.

Framing and decoupling in global markets: a theoretical framework for the analysis of multiple markets

ABSTRACT Global markets are making the issue of multiple markets especially evident. In light of this, the present paper proposes a theoretical framework for the study of multiple markets based on combining Michel Callon’s concept of framing with Harrison White’s concept of decoupling. Following a review of the literature on global markets in economic sociology and social studies of markets, the proposed theoretical framework is discussed in detail. The focus is on the processes of creating complex calculative frames, which help reduce uncertainties in the operational environment as well as sociocultural contexts. Through these processes, it is possible to analyse how actors form alliances and maintain global markets. The case of the global market for World Music is presented to illustrate the advantages of this theoretical framework.

Rethinking moral hazard: government protection and bank risk-taking

Why do firms take excessive risks that result in failure? Moral hazard theorists argue that the answer lies in the risk-boosting effects of the government safety net, which insulates firms from market discipline. We revisit this conventional wisdom by examining how exposure to government protection has contributed to recent trends in bank risk-taking in the USA. Drawing from insights from economic sociology, we highlight an additional way that exposure to government protection can shape organizational behavior: by reducing resource-based profitability pressures that can spur risky behavior. Using panel data analysis of risky US bank behavior between 1994 and 2015, we find that bank exposure to government protection was more often associated with less risk-taking than more of it. This pattern contradicts the predictions of moral hazard theory but aligns with the predictions of our own institutional-resource theory. We discuss implications for economic sociology and financial economics.

Off-platform Social Networks and Gig Work During the COVID-19 Pandemic in India

The COVID-19 pandemic severely impacted gig work in urban areas across India. In this article, we investigate the nature of responses from gig workers at a time of no or partial work. The platform studies literature has documented the role of on-platform networks in the accrual of value and creation of the gig work opportunities. Taking a cue from the economic sociology literature, specifically social reproduction theory, we examine the role of off-platform networks in enabling work during the pandemic in India. We draw on ethnographic fieldwork among ride-hailing and food-delivery app workers conducted in Kanpur and Kolkata between April 2020 and July 2021. Our findings show that during the pandemic, platform workers turned to four kinds of networks for monetary and non-monetary support: household members, dispersed kinship ties, neighbourhood networks and work-related ties. We argue that despite the individual strategies visible on the surface, these personal networks served as an essential infrastructure to sustain platform-based service work. We use social reproduction theory to understand how off-platform networks were vital for reproducing the gig worker as well as for the generation of value for platforms.

Influencer marketing and the ‘gifted’ product: framing practices and market shaping

ABSTRACT This article investigates the development of the market for influencer marketing in Sweden. It does so by focusing on the issue of ‘stuff’ sent to influencers. Such exchanges can be framed in different ways: e.g. stuff sent for the purpose of earning media, or as compensation for a marketing service. Drawing on the notion of framing in Callonian economic sociology, the paper identifies three ‘framing practices’: (1) framing the sending of stuff to influencers in individual exchanges, (2) reframing exchanges to put them in new light, or (3) preframing how exchanges ought to be performed. In efforts to frame exchanges of stuff, their broader context, and how stuff should be taxed, influencers, marketing professionals and the Swedish Tax Agency contribute to shaping the market for influencer marketing.

Family Entrepreneurship as a Type of Gender-neutral Entrepreneurship: Social Essence and Labor Potential

Family entrepreneurship as a social phenomenon, as a type of employment and economic activity of the Russian family remains a poorly studied issue of sociological analysis and sociology of entrepreneurship. The author of this article guided by the principle of historical continuity analyzes the phenomenon of family entrepreneurship as a type of economic activity from the viewpoint of theoretical positions of J. Schumpeter, N. Kondratiev, F. Knight, F. Haiker and I. Kirzer. At the same time, the author synthesizes an economic approach with a sociological one on four theoretical and methodological grounds: family entrepreneurship as a social phenomenon of economic development; as a type of labor activity; as a form of group economic behavior of a small group and as a type of labor education of children, their integration into the economic activity of the family as a whole. From the conceptual standpoint of gender sociology and the new world order, family entrepreneurship is presented as a type of gender-neutral entrepreneurship in which all family members can participate, regardless of gender, but with varying degrees of involvement into the family business. The empirical data for the analysis is based on the results of applied sociological research of the Scientific School “Gender Economic Sociology” of the Financial University under the Government of the Russian Federation, on the one hand, and the Russian Chamber of Commerce and Industry, on the other.

Economic stereotypes of Russian families through the prism of proverbs and sayings

Stereotypes and prejudices can influence our views and decisions in various spheres of life, including the economy. The author addresses the most important social group – the family and examines the features of the economic behavior of all its members in comparison with the models and patterns of behavior described in Russian proverbs and sayings. The family, both nuclear and extended, is the main object of research. Being the foundation of the state, the family remains the most important source of information for understanding the economic and financial culture of the population, the conditions for its formation and identifying strong points for further development. Sociological content analysis is chosen as the main method of analysis. The article is written at the intersection of sociological, linguistic, historical and philosophical sciences. The scientific novelty of the presented research is both the problematic topic itself, which was not previously presented in the scientific field, and the unification of three time modes during the author's analysis: past, present and future. During the content analysis, the author identified five thematic groups of proverbs and sayings that have semantic references to finance, attitude to money and economic roles in the family. Each of the groups is accompanied by up-to-date data from secondary sociological research and statistics in order to compare, highlight common and different in the economic life of Russian families over the past centuries. The focus of the research is focused on analyzing the dynamics of changes in the attitude of members of the Russian family to finance and the strength of the influence of economic stereotypes on families of the XXI century, expressed through specific linguistic forms. The conclusions of this research are of interest to a wide range of readers whose professional or social interests include economic sociology, demography, Russian history and historical linguistics, as well as population issues.

Tradisi Go Ge Cap Lak (Bakar Tongkang) Dalam Tinjauan Sosiologi Ekonomi Islam

Introduction: Go Ge Cap Lak, according to the Chinese community, has the meaning of expressing gratitude to Kie Ong Ya (the god of the sea) who has given protection to their ancestors when sailing the ocean so that they can reach the Rokan Hilir region. In the course of its history, Go Ge Cap Lak in addition to having theological value also has a very thick anthropocentric value that makes the tradition as one of the religious tourism in the region. Not only the ethnic Chinese community benefited but also Muslims who lived in the local area. This tradition has become an annual event with a considerable economic impact. However, what if this tradition is seen in the study of Islamic economic sociology Research Methods: This research is included in the type of field research with qualitative descriptive data analysis methods. Primary data sources come from data mining in the field and supporting sites such as disbudpora, while secondary data sources come from previous research Results: The tradition has an economic impact on the surrounding Muslim community. This expediency is in line with the orientation of fulfilling life or in the language of religion in order to maintain life. Conclusion: Go Ge Cap Lak also has economic value. The Ministry of Tourism and Creative Industries includes Go Ge Cap Lak as one of the annual activities that are always held in Bagansiapiapi. This activity also made the economy of the Bagansiapiapi Muslim community rise and develop.