Jump to ContentJump to Main Navigation
Economic LivesHow Culture Shapes the Economy$
Users without a subscription are not able to see the full content.

Viviana A. Zelizer

Print publication date: 2010

Print ISBN-13: 9780691139364

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691139364.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in HSO for personal use (for details see http://www.universitypressscholarship.com/page/privacy-policy).date: 13 December 2017

Beyond the Polemics on the Market

Beyond the Polemics on the Market

Establishing a Theoretical and Empirical Agenda

Chapter:
(p.363) 17 Beyond the Polemics on the Market
Source:
Economic Lives
Author(s):

Viviana A. Zelizer

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691139364.003.0018

This chapter examines some of the recent interdisciplinary attempts to develop theoretical alternatives to purely economic models of the market. The very definition of the market is at stake. In contrast to the neoclassical assumption of the market as a universal and exclusive form of economic arrangement, market revisionists define the market as one among many different possible social arrangements, such as barter or gift exchange, that involve economic processes. The market is thus one institutionalized type of social relations involving consumption, production, and exchange. Its essence is the rational calculation of costs and benefits and the regulation of exchange by the price mechanism. The chapter argues that the “multiple markets” model represents the most useful alternative to the neoclassical paradigm of the market.

Keywords:   economic models, markets, social relations, consumption, production, exchange

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.