The Organization of Markets for Collective Concerns and Their Failures

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Abstract

This special issue introduces a new object of analysis: the organization of markets for collective concerns and their failures. This paper discusses how the study of this new object challenges key assumptions in recent social studies of markets. We focus on three issues, each related to the keywords of the title: organization, market, and concern. The first problem is the fluctuating conceptual value of the market-organization pair in the forms of expertise used to implement and repair markets for collective concerns. The second challenge pushes social researchers to develop a stronger analytical sensibility to the identification and understanding of the concepts of markets mobilized in their fields. Third, we show how the consolidation of professions involved in practices of market design challenges the political expectations found in social studies of markets.
Original languageEnglish
JournalEconomy and Society
Volume48
Issue number2
Pages (from-to)153-174
Number of pages22
ISSN0308-5147
DOIs
Publication statusPublished - 2019

Bibliographical note

Published online: 16. July 2019

Keywords

  • Markets
  • Neoliberalism
  • Economic sociology
  • Formal organization
  • Economists
  • Market design

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