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The Importance Of Sociological Perspectives In Crafting Inclusive Economic Solutions For All

Challoumis, Constantinos (2025): The Importance Of Sociological Perspectives In Crafting Inclusive Economic Solutions For All.

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Abstract

Traditional economic theories usually assume that people are rational agents maximizing their benefit in decisions. This assumption, however, simplifies the reality of economic behavior by neglecting social embeddedness of individuals. Real economy consists not only of market-mediated transactions, but also everyday asks, duties, unremunerated help, and behavior patterns in many organizations that, formally speaking, are not or only partially included into the economic sphere.

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