TY  - BOOK
AU  - Adriana Mica
AU  - Katarzyna M. Wyrzykowska
AU  - Rafał Wiśniewski
AU  - Iwona Zielińska
PY  - 2018
CY  - Berlin, Germany
PB  - Peter Lang Verlag
SN  - 9783653067729
TI  - Sociology of the Invisible Hand
DO  - 10.3726/978-3-653-06772-9
UR  - https://www.peterlang.com/document/1050132
N2  - This book illustrates the applicability of the seminal and controversial metaphor of the «invisible hand» in modern sociological theory. It shows that sociologists have long been part of a field mainly associated with economists and political philosophers. Though unlike the framing that builds directly on Adam Smith, sociological theory focuses on undesirable and perverse outcomes. Furthermore, the sociological angle favors the explanation of invisible hand-like mechanisms as contingent upon social structures and broader processes. Thus, it goes beyond its classical formulation in terms of interdependence, interaction and aggregation of individual actions. This book gathers contributions of remarkable authors who are linked directly either with the invisible hand metaphor, with the spontaneous order phenomenon or with the unintended consequences issue and aims to describe the traditional and contemporary applicability of the sociological framing of the invisible hand for social sciences.
KW  - Unintended consequences, Spontaneous order, Markets, Social capital, Failure
LA  - English
ER  -