Scientific article
OA Policy
English

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

ContributorsRoth, Steffen
Published inBulletin of the Yerevan State University, vol. 43, no. 3, p. 66-79
Publication date2010
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 Sociology
  • Organizational Sociology
  • Exchange Rates
  • Conversion
  • Communication Media
  • Code
  • Capital
  • Functional Differentiation
  • Polyphony
  • Bourdieu
Citation (ISO format)
ROTH, Steffen. Beyond the one best market: An essay on trans-economic exchange rates. In: Bulletin of the Yerevan State University, 2010, vol. 43, n° 3, p. 66–79.
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Identifiers
  • PID : unige:12907
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Update14/03/2023 16:10:32
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