Chapter

The Boundaries of Finance in the Sociological Tradition

Alex Preda

in Framing Finance

Published by University of Chicago Press

Published in print July 2009 | ISBN: 9780226679310
Published online February 2013 | e-ISBN: 9780226679334 | DOI: http://dx.doi.org/10.7208/chicago/9780226679334.003.0002
The Boundaries of Finance in the Sociological Tradition

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This chapter engages in a sociological reflection upon the relationship between finance and the “spirit of capitalism.” While focusing the analysis on a restricted set of major accounts of the capitalist order, it argues that they have a double character: conceptual and observational. Sociological conceptualizations of finance process observations of stock exchanges and of investors, observations which cannot be entirely separated from the broader representational system which mediates between the stock exchange and the society at large. Therefore such conceptualizations can be seen as a seismograph of the boundary shifts taking place, but also as an effort at comprehending the ties between modern society and one of its major institutions

Keywords: sociological tradition; financial knowledge; social knowledge; sociological conceptualizations; stock exchange; investors; boundary shifts; modern society; social groups

Chapter.  9540 words. 

Subjects: Sociology

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