127: The Problem of Embeddedness -- Mark Granovetter (Part 2)
Update: 2025-07-15
Description
In Part 2 of the episode on Mark Granovetter's 1985 paper, "Economic Action and Social Structure: The Problem of Embeddedness," we consider the meaning of embeddedness in contemporary practical situations and the significant body of research that followed forty years later. His framework provides a more nuanced and realistic explanation of economic life, accounting for both the guiding influence of social contexts and the capacity of individuals to act independently when necessary.
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