
123: Markets as Politics -- Neil Fligstein (Summary of Episode)
3/11/2025
0:00
3:43
We will cover the economic sociology of Neil Fligstein, who countered the dominant 1990s-era neoclassical view of economics that failed to explain well various market behaviors being observed at the time. He argued for an alternative paradigm – a “political-cultural” model that suggested that the formation of markets was part of “state building” and subjected to various social institutions that belonged to the state.
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