Das Diskussionspapier thematisiert die objektive und subjektive Lebenslage von Arbeitslosen in Deutschland im Vergleich zur Gesamtbevölkerung. Die Ergebnisse indizieren eine deutlich schlechtere materielle, d. h. objektive Lebenslage der Arbeitslosen. Dies reflektiert sich in den auf...

The connections between the polarization of living conditions, social conflicts concerning the distribution of resources and the perception of social inequality in Germany will be picked out as a central theme. By means of empirical findings it becomes clear that the degree of inequality and...

Warum reagieren Gesellschaften so zögerlich auf die Klimakrise? Die in dem Essay verfolgte These lautet: Die wirtschaftlichen, politischen und sozialen Prozesse moderner kapitalistischer Gesellschaften weisen Macht- und Anreizstrukturen auf, die hinreichende Reaktionen auf die Klimakrise...

How do judgment devices influence price formation? We investigate this question through a study of the German wine market. The German wine market is characterized by the simultaneous existence of two classification systems: the official classification system referring to the quality in the...

Political economy and economic sociology have developed in relative isolation from each other. While political economy focuses largely on macrophenomena, economic sociology focuses on the level of social interaction in the economy. The paper argues that economic sociology can provide a...

Die Entwicklung moderner Gesellschaften wird durch die Dynamik des Zusammenwirkens von Märkten und marktkorrigierenden Institutionen, von Wirtschaft und Politik bestimmt. Wirtschaftlicher Erfolg, soziale Ordnung, politische Stabilität hängen wesentlich von ihrem Zusammenspiel ab. Die...

Between 2009 and 2015 Greece underwent a profound sovereign debt crisis that led to a serious political crisis in Europe and the restructuring of Greek debt. We argue that the prevalence of negative narratives about the future contributed to the changes in spreads of Greek bonds during the...

Narratives of the future are a crucial source of the dynamics of capitalism (Beckert 2016). Since there are no future facts, assessments of the future necessarily need to rely on accounts that cannot be limited to the presentation of facts. This means they cannot be true or false, but they can...

This paper addresses the question of what role morally oriented behavior plays in the efficiency of market outcomes. This issue is as controversial in economics as it is in sociology. To get a better understanding of the problems and opportunities involved in morally oriented behavior in...

The concept of trust has recently been rediscovered, especially in the fields of economic sociology and organization theory. Nevertheless, the actual functioning of trust in markets has only been understood incompletely up to now. As this paper argues, one reason for this is that...