Abstract:

According to economic sociology economics must include a social perspective Because the economy is part of a social world and it can not be examined in isolation from the rest of the society Economic sociology gained popularity again with the concept of embeddedness According to the concept of social embeddedness economic behavior can not be reduced only to the calculation of profit and cost economic behavior is embedded in a network of human relations According to economic sociology economies are embedded in class structures power politics institutions and culture These factors shape the behavior of businessmen executive entrepreneurs and employees in the market place