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Woher kommen Erwartungen?: Die soziale Strukturierung imaginierter Zukünfte

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  • Beckert Jens

    (Geschäftsführender Direktor am Max-Planck-Institut für Gesellschaftsforschung (MPIfG), Paulstraße 3, D-50676 Köln, Germany)

Abstract

Expectations play a crucial role in capitalist economies. Where do the expectations on which actors base their decisions come from? The paper approaches this question by discussing seven social factors that shape expectations: Institutions, social position, social networks, calculative tools, cultural structures, reflexivity, and protention. Following this discussion, the last part of the paper looks at the role of social power and the mass media in the diffusion of expectations.

Suggested Citation

  • Beckert Jens, 2018. "Woher kommen Erwartungen?: Die soziale Strukturierung imaginierter Zukünfte," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 59(2), pages 507-523, May.
    • Handle: RePEc:bpj:jbwige:v:59:y:2018:i:2:p:507-523:n:7
    DOI: 10.1515/jbwg-2018-0017
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    References listed on IDEAS

    as
    1. Mayntz, Renate, 2017. "Zählen - Messen - Entscheiden: Wissen im politischen Prozess," MPIfG Discussion Paper 17/12, Max Planck Institute for the Study of Societies.
    2. Timothy Cogley & Thomas J. Sargent, 2008. "Anticipated Utility And Rational Expectations As Approximations Of Bayesian Decision Making," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(1), pages 185-221, February.
    3. Bob Jessop, 2013. "Recovered imaginaries, imagined recoveries: a cultural political economy of crisis construals and crisis management in the North Atlantic financial crisis," Chapters, in: Mats Benner (ed.), Before and Beyond the Global Economic Crisis, chapter 12, pages 234-254, Edward Elgar Publishing.
    4. Ingham, Geoffrey, 2004. "The nature of money," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 5(2), pages 18-28.
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    Cited by:

    1. Isabell Stamm & Marie Gutzeit, 2022. "Group conditions for entrepreneurial visions: role confidence, hierarchical congruences, and the imagining of future in entrepreneurial groups," Small Business Economics, Springer, vol. 59(3), pages 1023-1041, October.

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    More about this item

    Keywords

    expectations; fictions; social structures; future; capitalism; uncertainty; imagination; story; Erwartungen; Fiktionen; soziale Strukturen; Zukunft; Kapitalismus; Ungewissheit; Imagination; Geschichten;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching
    • B - Schools of Economic Thought and Methodology
    • B - Schools of Economic Thought and Methodology
    • D - Microeconomics
    • D - Microeconomics

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