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Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a contemporary one, known as "new economic sociology".
This difference in types of economy is explained by the 'embeddedness' of economic (i.e. provisioning) activities in other social institutions such as kinship in non-market economies. Rather than being a separate and distinct sphere, the economy is embedded in both economic and non-economic institutions.
Privatism is a generic term generally describing any belief that people have a right to the private ownership of certain things. According to different perspectives, it describes also the attitude of people to be concerned only about ideas or facts that affect them as individuals.
The general theory of crime refers to the proposition by Michael R. Gottfredson and Travis Hirschi (1990) that the main factor in criminal behaviour is the individual's lack of self-control. [50] [51] Theorists who do not distinguish the differences that exist between criminals and noncriminals are considered to be classical or control ...
The term "public sociology" was first introduced by Herbert Gans in his 1988 ASA presidential address, "Sociology in America: The Discipline and the Public". [5] For Gans, primary examples of public sociologists included David Riesman, author of The Lonely Crowd (one of the best-selling books of sociology ever to be written), and Robert Bellah, the lead author of another best-selling work ...
Economy and Society: An Outline of Interpretive Sociology (1921; German: Wirtschaft und Gesellschaft. Grundriß der verstehenden Soziologie ; or simply Economy and Society ) is a book by political economist and sociologist Max Weber , published posthumously in Germany by his wife Marianne .
In Marxist theory, socialism refers to a specific stage of social and economic development that will displace capitalism, characterized by coordinated production, public or cooperative ownership of capital, diminishing class conflict and inequalities that spawn from such and the end of wage-labor with a method of compensation based on the ...
Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit. [4] As a legal concept, private property is defined and enforced by a country's political system .