Description
In Inventing Value: The Social Construction of Monetary Worth, Dave Elder-Vass presents a groundbreaking analysis of how economic value is created through social processes rather than existing as an objective property. The author challenges conventional economic thinking by demonstrating that monetary worth is fundamentally shaped by cultural practices, institutional arrangements, and collective human activity.
Drawing on critical realism and sociological theory, Elder-Vass examines various case studies to illustrate how different societies and communities construct value differently. He explores the role of conventions, power structures, and social agreements in determining what we consider valuable and how prices are established in markets. This work provides essential insights for understanding the relationship between society and economics, making it valuable for readers interested in economic sociology, philosophy of value, and social theory.
Reviews
There are no reviews yet.