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To study contemporary capitalism, I argue, sociology must go back before the disciplinary division of labour with economics negotiated on its behalf by its twentieth century founding figure, Talcott Parsons. For this it will be helpful to rediscover the sociology in classical economists from Smith …

[...] Capitalism and democracy thus seem to simultaneously support and undermine one another: while an economic equilibrium is necessary for a democratic society to reap the collective benefits of private capital accumulation, it is put at risk by the very same policies that are needed to make pr…

Capitalism and democracy, in short, are not two modules, like an engine and a steering system, to be combined or not depending on their technical compatibility. They are both, individually as well as in their respective combination, the outcome of specific configurations of classes and class intere…