Abstract:Economic categories are part of the everyday concepts people use to apprehend social reality. While scholars recognize their importance for social and economic processes, it is not clear how these categories develop when reality itself changes. I address this issue with a framework that incorporates a cultural emphasis on meaning-making with a macro-structural analysis of the conditions in which they take place. I apply this framework to the marginalist revolution of the late 19th century, which marks the birt… Show more
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