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Beyond the one best market: An essay on trans-economic exchange rates

Roth, Steffen
Published in Bulletin of the Yerevan State University. 2010, vol. 43, no. 3, p. 66-79
Abstract We routinely trust organizations that convert belief, truth, health, power, or beauty into money. Nonetheless, we know almost nothing about the corresponding exchange rates. Based on a system theorist concept of functional differentiation and the Bourdieueconomic forms of capitals, the paper presents strong evidence for the existence of non-economic markets for the mentioned values. The conclusion of the paper is that organizations with a more polyphonic, non-reductionist self- and market concept can act strategically as change agencies between those “markets of society”, i.e. they can influence the exchange rates between economic and non-economic values in terms of trans-political trade cycle politics.
Keywords Market SociologyOrganizational SociologyExchange RatesConversionCommunication MediaCodeCapitalFunctional DifferentiationPolyphonyBourdieu
Stable URL https://archive-ouverte.unige.ch/unige:12907
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Deposited on : 2010-12-14

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