
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
From Illegal Drugs, Stolen Artwork, And Forged Trademarks, To Fraud In Financial Markets - The Phenomenon Of Illegality In Market Exchanges Is Pervasive. Illegal Markets Have Great Economic Significance, Have Relevant Social And Political Consequences, And Shape Economic And Political Structures. Despite The Importance Of Illegality In The Economy, The Field Of Economic Sociology Unquestioningly Accepts The Premise That The Institutional Structures And Exchanges Taking Place In Markets Are Law-abiding In Nature. This Volume Makes A Contribution To Changing This. Questions That Stand At The Centre Of The Chapters Are: What Are The Interfaces Between Legal And Illegal Markets? How Do Demand And Supply In Illegal Markets Interact? What Role Do Criminal Organizations Play In Illegal Markets? What Is The Relationship Between Illegality And Governments? Is Illegality A Phenomenon Central To Capitalism? Anchored In Economic Sociology, This Book Contributes To The Analysis And Understanding Of Market Exchanges In Conditions Of Illegality From A Perspective That Focuses On The Social Organization Of Markets. Offering Both, Theoretical Reflections And Case Studies, The Chapters Assembled In The Volume Address The Consequences Of The Illegal Production, Distribution, And Consumption Of Products For The Architecture Of Markets. It Also Focuses On The Underlying Causes And The Political And Social Concerns Stemming From The Infringement Of The Law.
This volume investigates how illegal market exchanges function as integral components of economic systems rather than mere anomalies. Jens Beckert and Matías Dewey, both established scholars in economic sociology, challenge the traditional academic assumption that market institutions are inherently law-abiding. By synthesizing theoretical frameworks with empirical case studies, the authors argue that illegality is a structural feature of modern capitalism that warrants rigorous sociological analysis.
What You Will Find
Scope Limits
Scholars in economic sociology view this text as a significant intervention that forces the field to reconcile with the reality of illicit market structures. Readers frequently note the academic density of the prose, which is intended for researchers and students familiar with institutional economic theory.
Page Count:
304
Publication Date:
2017-01-01
Publisher:
Oxford University Press
ISBN-10:
019251413X
ISBN-13:
9780192514134
No comments yet. Be the first to share your thoughts!