Abstract: This article investigates the history of the new economic sociology from the perspective of sociology of knowledge. I decipher how the new economic sociology consolidated as a sociological subfield by rewriting its history again and again. During delimiting its boundary again and again the multi-voices of the new economic sociology disappeared slowly. The problem of embeddedness became both the focus and the main theme. Consequently the new economic sociology was trapped in a theoretical stagnation. By way of a dialogue with systems theory I highlight the fact that the key issue is the different types of embeddedness in different forms of differentiation rather than the different levels of embeddedness as Granovetter suggested. To make such a breakthrough we need a post-ontological shift and to re-think the central sociological problem of ”structure/agency” from the viewpoint of radically temporalised element. Besides, it is only possible to construct a true sociological theory of economy that could be a peer to the theory of economics after the sociology has reconceptualized the central economic concepts such as price, market, money, capital and labor.
Publication Year: 2009
Publication Date: 2009-06-01
Language: en
Type: article
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