Social Contracts and Economic Markets

Front Cover
Springer, 2007 M08 20 - 218 pages
The thesis of this book is that people enter into social contracts because they are different from one another and have incentives to cooperate. In economic life, people have identical interests—namely, their own se- interests—so they have an incentive to compete. The social worlds that we create, or map, and those that are already mapped for us are increasingly complex, and thus the tracking of rationality is not so straightforward, although it is everywhere evident. In a sense, this book grew out of two questions: Why hasn't the United States had a second revolution? Or is the revolution yet to come? Many have discussed the current crises that confront contemporary society, such as great economic inequalities, poverty, the declining quality of jobs, the growing power of corporate elites, and racial antago nisms. I attempt to understand these problems in terms of the radical restructuring of social life by economic and spatial forces. My specula tive thesis is that social organizations must reinforce social contracts and nurture the opportunities for them to be forged. However, contemporary organizations, particularly economic ones, have internalized the princi ples of economic markets, thereby inducing competition and easing out cooperation. In defining social contracts, I draw from Rousseau and also from Marx and his analysis of use value. One hopes that new organiza tional forms based on principles of democracy and community will evolve. In a diverse, multicultural society, this requires great mutual understanding and cooperation and the recognition of differences.

From inside the book

Contents

Reflexivity and Social Science
1
The Social Contract
17
Rationality
32
Partialled and Nonpartialled Roles
46
The Civility of Ordinary Life
53
Embeddedness of Social Structures
60
10
62
Culture and Group Membership
67
Worlds of Fashion Lives of Leisure
145
Rank and Disarray
152
Cosmopolitan Culture
158
54
161
The Micrometrics of Morals and the Macrometrics
165
The Suspension of EthicsThe Role of the State
176
60
187
Rights Goods and Welfare
189

Positions and Culture
73
2278
76
Equality and Diversity
80
The Firm and Its Contradictions
125
A Crack in the Edifice
132
SelfEmployment
139
The Civics of Cooperation
192
Index
207
61
208
84
214
Copyright

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Page 58 - There once were two watchmakers, named Hora and Tempus, who manufactured very fine watches. Both of them were highly regarded, and the phones in their workshops rang frequently— new customers were constantly calling them. However, Hora prospered, while Tempus became poorer and poorer and finally lost his shop. What was the reason? The watches the men made consisted of about 1,000 parts each. Tempus had so constructed his that if he had one partly assembled and had to put it down— to answer the...
Page 58 - The watches that Hora made were no less complex than those of Tempus. But he had designed them so that he could put together subassemblies of about ten elements each. Ten of these subassemblies, again, could be put together into a larger subassembly; and a system of ten of the latter subassemblies constituted the whole watch.
Page 166 - MAN naturally desires, not only to be loved, but to be lovely ; or to be that thing which is the natural and proper object of love. He naturally dreads, not only to be hated, but to be hateful ; or to be that thing which is the natural and proper object of hatred. He desires, not only praise, but praise-worthiness ; or to be that thing which, though it should be praised by nobody, is, however, the natural and proper object of praise.
Page 106 - Robert H. Wiebe, The Search for Order, 1877-1920 (New York: Hill and Wang, 1967), and Businessmen and Reform: A Study of the Progressive Movement (Cambridge, Mass.: Harvard University Press, 1962).
Page 6 - Thomas Laqueur, Making Sex: Body and Gender from the Greeks to Freud (Cambridge: Harvard University Press, 1990...
Page 174 - More specifically, assuming that there is a distribution of natural assets, those who are at the same level of talent and ability, and have the same willingness to use them, should have the same prospects of success regardless of their initial place in the social system, that is, irrespective of the income class into which they are born.
Page 9 - Cunegonde; the third, to see her every day; and the fourth to listen to Doctor Pangloss, the greatest philosopher of the province and therefore of the whole world. One day when Cunegonde was walking near the castle, in a little wood which was called The Park, she observed Doctor Pangloss in the bushes, giving a lesson in experimental physics to her mother's waiting maid, a very pretty and docile brunette.
Page 141 - Douglass C. North, Institutions, Institutional Change and Economic Performance (Cambridge: Cambridge University Press, 1990). 29. For this, see Charles Tilly, Coercion, Capital, and European States (Cambridge and Oxford: Blackwell, 1992); "War Making and State Making as Organized Crime...
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