Formative Dynamics In The Uk Social Investment Market, 2000–2015

An “organization rich” agenda on how markets form

Authored by: Guillermo Casasnovas , Marc J. Ventresca

Routledge Handbook of Social and Sustainable Finance

Print publication date:  June  2016
Online publication date:  June  2016

Print ISBN: 9781138777545
eBook ISBN: 9781315772578
Adobe ISBN: 9781317678830


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Market formation has been a topic of great interest for economic sociologists for a long time, with lively current debates and competing arguments. Research on the sociology of markets (Fligstein, 2001; Granovetter, 1985; White, 1981) has been key to understanding markets not as the idealized assumptions of neoclassical economics but as the messier, more complex, socially constructed spaces that we find in real life (Beckert, 2009; Biggart & Delbridge, 2004; Hirsch, Michaels, & Friedman, 1987; Munir, 2005). Available arguments have been developed in the last few decades and highlight three well-developed streams on markets as politics, markets from culture, and the network origins of markets (Fligstein, 1996; Fourcade, 2007; Padgett & Powell, 2012; Santos & Eisenhardt, 2009; Thornton, 2004).

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