From friendly turns towards trade – on the interplay between cooperation and markets

From friendly turns towards trade – on the interplay between cooperation and markets Purpose – Many transactions are partly carried out within social networks and without payment, partly commercially on the market. The paper aims to explore the interdependencies between shrinking cooperation in society and a growing service sector. Design/methodology/approach – The author tries to categorize cooperation and to set it into relation to services carried out against payment. Examples are found where a clear switch from cooperation to the service sector have been taken place. Findings – The paper diagnoses a broad societal switch from socially driven cooperation to the market. Tour reps at holiday clubs, psychologists and nurses for the elderly are all rising professions and are used as cases in point. Utility theory sees such switches as a rise in GDP and therefore as something positive. From a happiness research perspective, however, switching from cooperation to markets will probably lead to declining social capital. Research limitations/implications – The overall impact to societal utility remains unclear. Originality/value – This is an example for a phenomenon where happiness research leads to very different results from welfare economics. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

From friendly turns towards trade – on the interplay between cooperation and markets

International Journal of Social Economics, Volume 35 (5): 12 – Apr 11, 2008

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
0306-8293
DOI
10.1108/03068290810861585
Publisher site
See Article on Publisher Site

Abstract

Purpose – Many transactions are partly carried out within social networks and without payment, partly commercially on the market. The paper aims to explore the interdependencies between shrinking cooperation in society and a growing service sector. Design/methodology/approach – The author tries to categorize cooperation and to set it into relation to services carried out against payment. Examples are found where a clear switch from cooperation to the service sector have been taken place. Findings – The paper diagnoses a broad societal switch from socially driven cooperation to the market. Tour reps at holiday clubs, psychologists and nurses for the elderly are all rising professions and are used as cases in point. Utility theory sees such switches as a rise in GDP and therefore as something positive. From a happiness research perspective, however, switching from cooperation to markets will probably lead to declining social capital. Research limitations/implications – The overall impact to societal utility remains unclear. Originality/value – This is an example for a phenomenon where happiness research leads to very different results from welfare economics.

Journal

International Journal of Social EconomicsEmerald Publishing

Published: Apr 11, 2008

Keywords: Economic cooperation; Social interaction; Social economics

References

  • Shan women and girls and the sex industry in Southeast Asia; political causes and human rights implications
    Beyrer, C.
  • Temporal changes in fishing motivation among fishing club anglers in the United States
    Schramm, H.L.; Gerard, P.D.
  • Stress that doesn't pay: the commuting paradox
    Stutzer, A.; Frey, B.S.

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