History, markets, hierarchies and institutions
by Michael Haynes
International Journal of Management Concepts and Philosophy (IJMCP), Vol. 3, No. 3, 2009

Abstract: New institutional economies and the work of Coase, Williamson, North and others today occupies a central place in thinking about the nature of economic hierarchies institutions. This paper argues that it cannot offer a guide to history of the real development of markets, hierarchies and institutions. Those writers like MacIntyre and Sennett who focus on focus on social embedding and the potential conflict between pure markets and social cohesion offer a better basis for understanding of the real history of capitalism. But this approach too needs extending if it is to be a guide to the real history of markets, hierarchies and institutions.

Online publication date: Thu, 19-Feb-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Concepts and Philosophy (IJMCP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com