The Market - Softcover

Aldridge, Alan

Softcover

ISBN 10: 0745632238 ISBN 13: 9780745632230

Publisher: Polity, 2005

Synopsis

The Market addresses one of the most controversial answers to the question, ‘how is social order possible?’ Ever since Adam Smith conceived the idea of an ‘invisible hand’, advocates of the market have argued that social cohesion, material prosperity and political vitality are best achieved not by central control and planning but by laissez-faire – the policy of non-intervention.

In this book, Alan Aldridge guides readers through the complex interplay between analysis, description and ideology that characterizes social theorizing on the market. A distinctive feature of The Market is its emphasis on the role of culture in shaping the social reality of markets as perceived and experienced by people participating in them.

Ideologies examined include:

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• Market fundamentalism – the conviction that free markets are universally beneficial
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• Market populism – the assertion that the free market reflects the democratic will of the people
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• Economic ‘man’ – the notion that the main motive of our actions is to maximize our personal advantage
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• Globalism – the claim by neo-liberals that the global expansion of markets is irresistible, making political action irrelevant

The Market will be essential reading for students and researchers interested in the sociology of economic life, economic sociology and political economy.

About this title

About the Author:

Alan Aldridge is Reader in the Sociology of Culture at the University of Nottingham.

Review:

"Aldridge writes with remarkable clairty and insight, surveying the rise of sociological ideas on marketisation, charting the political history of markets and analysing various responses across the social sciences ... [His] work is certainly likely to be widely read by students in economic sociology, political economy and social theory."

Professor Anthony Elliot, Department of Sociology, Kent University.

‘Clearly written and very readable, Aldridge’s surveys a range of debates on the rise of the market, its advocates and critics, successes and failures, market ideologies and social values, globalization and the "marketization" of public life. The discussion is admirable in being both even-handed and critically sharp. Concepts and arguments are always clearly explained, and theoretical accounts are brought to life with numerous relevant examples.’ – Dr Fran Tonkiss, Department of Sociology, London School of Economics and Political Science.

‘Alan Aldridge has written a thoughtful book on the market and how it structures social activity. Amongst other things, his work rescues Adam Smith for Sociology and delinks him from those cruder rational choice theorists who have hijacked this complex thinker. The book will prove a useful teaching aid for any course examining the nature of markets and theories about them. Between this and his book on consumption, Aldridge is proving to be an insightful commentator on the issues of our time.’ – Professor Gerard Hanlon, The Management Centre, University of Leicester.

About this edition

• Publisher: Polity
• Publication date: 2005
• ISBN 10: 0745632238
• ISBN 13: 9780745632230
• Binding: Paperback
• Edition number: 1
• Number of pages: 196