I use the metaphor "markets as politics" to create a sociological view of action in markets. I develop a conceptual view of the social institutions that comprise markets, discuss a sociological model of action in which market participants try to create stable worlds and find social solutions to competition, and discuss how markets and states are intimately linked. From these foundations, I generate propositions about how politics in markets work during various stages of market development-- formation, stability, and transformation. At the formation of markets, when actors in firms are trying to create a status hierarchy that enforces noncompetitive forms of competition, political action resembles social movements. In stable markets, incumbent firms defend their positions against challengers and invaders. During periods of market transformation, invaders can reintroduce more fluid social-movement-like conditions.
Neil FligsteinRelated topics
action development find fluid formation hierarchy incumbent market metaphor model politics stability stable transformation trying try use view work StatesRelated quotes
We realized in our hearts that we could not do much till conditions were radically changed-hence our overwhelming desire for independence-and yet the passion for progress filled us and the wish to emulate other countries which had gone so far ahead in many ways. We thought of the United States of America and even of some eastern countries which were forging ahead. But most of all we had the example of the Soviet Union which in two brief decades, full of war and civil strife and in the face of what appeared to be insurmountable difficulties, had made tremendous progress. Some were attracted to communism, others were not, but all were fascinated by the advance of the Soviet Union in education and culture and medical care and physical fitness and in the solution of the problem of nationalities-by the amazing and prodigious effort to create a new world out of the dregs of the old.
Jawaharlal Nehru
Each of our moral, mental, and bodily powers must have its development based upon its own nature, and not based upon artificial and outside influences. Faith must be developed by exercises in believing and cannot be developed from the knowledge and understanding, only, of what is to be believed; thought must grow from thinking, for it cannot come simply from the knowledge and understanding of what is to be thought, or the laws of thought; love must be developed by loving, for it does not arise merely from a knowledge and understanding of what love is and of what ought to be loved; art, also, can only be cultivated through doing artistic work and acquiring skill, for unending discussion of art and skill will not develop them. Such a return to the true method of Nature in the method of the development of our powers necessitates the subordination of education to the knowledge of the various laws which govern those powers.
Johann Heinrich Pestalozzi
The first stable conclusion I reached ... was that the only thing brains could do was to approximate the responsivity to meanings that we presuppose in our everyday mentalistic discourse. When mechanical push comes to shove, a brain was always going to do what it was caused to do by current, local, mechanical circumstances, whatever it ought to do, whatever a God's-eye view might reveal about the actual meaning of its current states. But over the long haul, brains could be designed – by evolutionary processes – to do the right thing (from the point of view of meaning) with high reliability. ... [B]rains are syntactic engines that can mimic the competence of semantic engines. ... The appreciation of meanings – their discrimination and delectation – is central to our vision of consciousness, but this conviction that I, on the inside, deal directly with meanings turns out to be something rather like a benign "user-illusion".
Daniel Dennett
I have already accepted the policy of Imperial preference...to the effect that a preference will be given on existing duties and on any duties which may subsequently be imposed. On this subject I think there is no difference of opinion between us. ... I am prepared to say that the key industries on which the life of the nation depends must be preserved. I am prepared to say also that, in order to keep up the present standard of production and develop it to the utmost extent possible, it is necessary that security should be give against the unfair competition to which our industries have been in the past subjected by the dumping of goods below the actual cost of production. ... I shall look at every problem simply from the point of view of what is the best method of securing the objects at which we are aiming without any regard to theoretical opinions about Free Trade or Tariff Reform.
David Lloyd George
The concept of the « struggle for existence » has been applied to microbial interrelationships in nature in a manner comparable to the effects assigned by Darwin to higher forms of life. It has also been suggested that the ability of a microbe to produce an antibiotic substance enables it to survive Giom. in competition for space and for nutrients with other microbes. Such assumptions ppear to be totally unjustified on the basis of existing knowledge. Before we proceed with a discussion of the formation and activities of antibiotics under natural conditions, we must consider certain fundamental aspects of the problem of antibiotic production under controlled laboratory or factory conditions... All the discussion of a "struggle for existence" in which antibiotics are supposed to play a part, is merely a figment of the imagination, and an appeal to the melodramatic rather than the factual.
Selman Waksman