In this seminar we touch on the market/state debate; rather than looking at it in general terms, the papers ask questions about whether the conventional (neo-classical) approach to the debate is right, and try and reframe it in ‘institutionalist’ ways. This is trendy stuff. One is by a lawyer (Lang), another by an economist (Chang) and one by a sociologist (Streeck).
Ha-Joon Chang ‘Breaking the mould: an institutionalist political economy alternative to the neo-liberal theory of the market and the state’ (2002) 26 Cambridge Journal of Economics 539
Andrew Lang ‘The Legal Construction of Economic Rationalities?’ (2013) 40(1) Journal of Law and Society 155
Wolfgang Streeck, “The Crises of Democratic Capitalism” (2011) 71 New Left Review 5-29
Fligstein ‘Markets As Politics’(1996) 61 American Sociological Review 656