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From Communists to Foreign Capitalists explores the intersections of two momentous changes in the late twentieth century: the fall of Communism and the rise of globalization. Delving into the economic change that accompanied these shifts in central and Eastern Europe, Nina Bandelj presents a pioneering sociological treatment of the process of foreign direct investment (FDI). She demonstrates how both investors and hosts rely on social networks, institutions, politics, and cultural understandings to make decisions about investment, employing practical rather than rational economic strategies to deal with the true uncertainty that plagues the postsocialist environment. The book explores how eleven postsocialist countries address the very idea of FDI as an integral part of their market transition. The inflows of foreign capital after the collapse of Communism resulted not from the withdrawal of states from the economy, as is commonly expected, but rather from the active involvement of postsocialist states in institutionalizing and legitimizing FDI. Using a wide array of data sources, and combining a macro-level account of national variation in the liberalization to foreign capital with a micro-level account of FDI transactions in the decade following the collapse of Communism in 1989, the book reveals how social forces not only constrain economic transformations but also make them possible. From Communists to Foreign Capitalists is a welcome addition to the growing literature on the social processes that shape economic life.
Investments, Foreign --- Post-communism --- Social aspects. --- Postcommunism --- World politics --- Communism --- Investissements étrangers --- Postcommunisme --- Aspect social
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The world of money is being transformed as households and organizations face changing economies, and new currencies and payment systems like Bitcoin and Apple Pay gain ground. What is money, and how do we make sense of it? Money Talks is the first book to offer a wide range of alternative and unexpected explanations of how social relations, emotions, moral concerns, and institutions shape how we create, mark, and use money. This collection brings together a stellar group of international experts from multiple disciplines-sociology, economics, history, law, anthropology, political science, and philosophy-to propose fresh explanations for money's origins, uses, effects, and future.Money Talks explores five key questions: How do social relationships, emotions, and morals shape how people account for and use their money? How do corporations infuse social meaning into their financing and investment practices? What are the historical, political, and social foundations of currencies? When does money become contested, and are there things money shouldn't buy? What is the impact of the new twenty-first-century currencies on our social relations?At a time of growing concern over financial inequality, Money Talks overturns conventional views about money by revealing its profound social potential.
Money --- Currency --- Monetary question --- Money, Primitive --- Specie --- Standard of value --- Social aspects. --- Political aspects. --- Exchange --- Finance --- Value --- Banks and banking --- Coinage --- Currency question --- Gold --- Silver --- Silver question --- Wealth --- Economics --- Social aspects --- Political aspects --- Sociological aspects --- E-books --- Economic sociology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Sociology --- Money. --- SOCIAL SCIENCE / Sociology / General. --- Sociological aspects. --- Australia. --- Bitcoin. --- Bretton Woods. --- China. --- Geoffrey Ingham. --- Indian migrants. --- Russia. --- US Financial Diaries. --- Viviana Zelizer. --- alternative currency. --- asset valuation. --- business money. --- capitalism. --- capitalization. --- charitable giving. --- charity contributions. --- commercial exchanges. --- commercial surrogates. --- complementary currency. --- constitutional approach. --- corporations. --- credit cards. --- credit. --- currency. --- domestic economy. --- donations. --- double-entry bookkeeping. --- earmarking income. --- earmarks. --- economic sociology. --- economic theory. --- egg donor. --- emotion. --- emotional labor. --- emotions. --- finance. --- financial inequality. --- fungibility. --- fungible money. --- gender difference. --- generalized capitalization. --- immateriality. --- industrial money. --- internal design. --- international gold standard. --- international monetary system. --- investment. --- mental accounting. --- migrant remittances. --- mirage. --- modern currency. --- monetary analysis. --- monetary differentiation. --- monetary forms. --- monetary practices. --- monetary valuation. --- money flow. --- money. --- moral judgments. --- morals. --- nationalism. --- nonfungibility. --- organizational budgeting. --- paid donations. --- plastic money. --- public authority. --- purchasing power. --- relational accounting systems. --- sociability. --- social impact. --- social life. --- social meaning. --- social relationships. --- sperm donor. --- transnational money. --- win-lose exchanges. --- world monetary union.
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