SAGE Reference - Sociology of Work: An Encyclopedia

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Market Fundamentalism

By: Robert T. Sitko
In: Sociology of Work: An Encyclopedia
Edited by: Vicki Smith
Subject:Organizational Psychology, Sociology of Work (general), Organizational Theory
Keywords:deregulation; fundamentalism; labor; labor markets; market fundamentalism; markets/marketing; neoliberalism

Market fundamentalism is primarily a pejorative description of laissez-faire ideology and standard neoclassical economics, which both assert that markets work best when left alone, especially from state interference. A central premise of market fundamentalism is that markets are self-regulating. Key mechanisms ...

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  Sitko, R. T. (2013). Market fundamentalism. In V. Smith (Ed.), Sociology of work: An encyclopedia (Vol. 1, pp. 566-567). SAGE Publications, Inc., https://dx.doi.org/10.4135/9781452276199.n202
  
  Sitko, Robert T. "Market Fundamentalism." In Sociology of Work: An Encyclopedia, edited by Smith, Vicki, 566-67. Thousand Oaks, CA: SAGE Publications, Inc., 2013. https://dx.doi.org/10.4135/9781452276199.n202.
  
  Sitko, R. T. 2013. Market Fundamentalism. In: Vicki Smith Editor, 2013. Sociology of Work: An Encyclopedia, Thousand Oaks, CA: SAGE Publications, Inc. pp. 566-567 Available at: <https://dx.doi.org/10.4135/9781452276199.n202> [Accessed 12 Aug 2022].
  
  Sitko, Robert T. "Market Fundamentalism." Sociology of Work: An Encyclopedia. Edited by Vicki Smith. Vol. 1. Thousand Oaks: SAGE Publications, Inc., 2013, pp. 566-67. SAGE Knowledge. 12 Aug 2022, doi: https://dx.doi.org/10.4135/9781452276199.n202.
  
  Sitko, Robert T. (2013). Market fundamentalism In: Smith, Vicki (Ed.),Market fundamentalism Sociology of work: An encyclopedia Vol. 1. Thousand Oaks, CA: SAGE Publications, Inc.; 2013:566-567. doi:10.4135/9781452276199.n202
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