Market sociology is a subfield of sociology that examines the social structures, processes, and relationships that constitute economic markets. Unlike traditional economic theories that often assume markets to be self-regulating entities driven by supply and demand, market sociology delves into the social underpinnings of market behavior. It explores how social networks, cultural norms, power dynamics, … Read more
Urbanisation, the process by which rural areas transform into urban centers, has been a defining feature of modern society. While urbanisation has brought economic growth, technological advancements, and improved living standards for many, it has also given rise to significant social challenges. Among these, the emergence of slums and ghettos stands out as a stark … Read more
The informal sector in urban India plays a crucial role in the economy, employing millions of workers across diverse occupations such as street vending, construction, domestic work, waste recycling, and gig-based jobs. Despite its economic significance, the informal sector is often characterized by precarious working conditions, lack of social security, and marginalization. Sociologically, the informal … Read more