The Idea of Embeddedness in Socio-Economic Discussion

The concept of embeddedness explores the intricate relationship between economic and non-economic factors, tracing its origins to Polanyi's "The Great Transformation." It addresses enduring sociological questions about social order while also engaging with contemporary themes like network analysis. By examining the mutual interpenetration of these fields, the study highlights how embeddedness operates at different levels of abstraction, from systemic structures to individual social actors. This multifaceted approach underscores the relevance of embeddedness in understanding socio-economic dynamics.