Economic sociology

South Asia

Middle East

Europe

North America

Economic sociology is the discussing of the social make and effect of various economic phenomena. a field can be broadly dual-lane into a classical period together with a advanced one, call as "new economic sociology".

The classical period was concerned especially with modernity together with its unit aspects, including rationalisation, secularisation, urbanisation, and social stratification. As sociology arose primarily as a reaction to capitalist modernity, economics played a role in much classic sociological inquiry. The particular term "economic sociology" was number one coined by William Stanley Jevons in 1879, later to be used in the workings of Émile Durkheim, Max Weber and Georg Simmel between 1890 and 1920. Weber's gain regarding the relationship between economics and religion and the cultural "disenchantment" of the advanced West is perhaps most iconic of the approach set forth in the classic period of economic sociology.

Contemporary economic sociology may put studies of any modern social aspects of economic phenomena; economic sociology may thus be considered a field in the intersection of economics and sociology. Frequent areas of inquiry in contemporary economic sociology include the social consequences of economic exchanges, the social meanings they involve and the social interactions they facilitate or obstruct.

Classical

Economic sociology arose as a new approach to the analysis of economic phenomena; emphasizing especially the role of economic managers and institutions that play upon society, and the influence a society holds over the style of economic managers and institutions. The relationship between capitalism and modernity is a salient issue, perhaps best demonstrated in Weber's The Protestant Ethic and the Spirit of Capitalism 1905 and Simmel's The Philosophy of Money 1900. Economic sociology may be said to have begun with Tocqueville's Democracy in America 1835–40 and The Old Regime and the Revolution 1856. Marx's historical materialism would effort tohow economic forces influence the positioning of society on a essential level. Émile Durkheim's The Division of Labour in Society was published in 1922, whilst Max Weber's Economy and Society was released in the same year.