Beneficial constraints
Beneficial for Whom
Bibliographic Data
| ID | 4237336 |
|---|---|
| Authors | E O Wright (University of Wisconsin–Madison, corresponding author) |
| Year | 2004 |
| Volume | 2 |
| Issue | 3 |
| Pages | 407-414 |
| Publication date | 2004-09-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Socio-Economic Review (JOURNAL) |
| Journal identifiers | ISSN: 1475-1461 • E-ISSN: 1475-147X |
| Publisher | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/soceco/2.3.407 |
| OpenAlex | W2040038144 |
| Language | EN |
| Citations received | 12 |
| References cited | 1 |
Wolfgang Streeck convincingly argues, in an influential paper published in 1997, that economic performance in market societies is enhanced when the rational, voluntaristic choices of actors are constrained by a variety of normative and institutional constraints. This paper offers three modifications of this central Durkheimian thesis: (1) the meaning of “good performance” of an economic system differs among class actors in a market economy; (2) the level of institutional constraint that is optimal for “good economic performance” in the interests of capitalists is generally lower than the level of constraints that is optimal for workers; and (3) institutional constraints on voluntary rational choice—even those optimal for capitalists—also may have dynamic effects on the balance of power among social forces which could lead capitalists to prefer suboptimal constraints from the point of view of “economic performance.”
Balance (ability) · Class (philosophy) · Constraint (computer-aided design) · Economics · Epistemology · Meaning (existential) · Microeconomics · Normative · Point (geometry) · Political science · Positive economics · Power (physics) · Variety (cybernetics) · Computer Science · Critical Realism in Sociology · Economic Theory and Institutions · Law · Management and Organizational Studies
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| Unique citing works | 12 |
|---|---|
| Citations per year | 0,63 |
| Citation span | 2007 - 2025 (19) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 12 |