This paper analyzes the important role of jamu in the complementary medical market of Indonesia by exploring the four types of market valuation as proposed in the social order of market by Jens Beckert (Beckert, 2009). Different from studies conducted by Srivastava et al. (2021), Kumar et al. (2021), Neto et al. (2020), and Poonthananiwatkul et al. (2015) that mostly discuss physical and material value, specifically on the product standardization and pharmacological characteristics of traditional medicine at the respective Asian countries, this study focuses on both material and symbolic qualities of jamu in Indonesia. By presenting market valuation as a composite of standardization, cognitive anchoring, normative legitimation, and social positioning, this study reveals that Jamu is more recognized by its symbolic value than its material or physical value. As a methodological novelty, this study illustrates how to visualize the pattern and structure of connectivity between words as a value formation process in jamu market by employing TNA and corpus-based SNA using Gephi and WORDij software. This study also illustrates a theoretical operationalization of how the issue of product valuation in the market as social order is justified by empirical evidence.
PurposeMoral consideration is significantly important as social responsibility of economic actions. This article aims to analyze the moral embeddedness of labor market using the typology of moral behavior in market exchange by Beckert (2005).Design/methodology/approachThis study contributes to methodological novelty through a digital research design using Gephi and NVIVO software. Textual Network Analysis (TNA) is used to analyze the moral embeddedness of labor market transaction of Chinese migrant workers.FindingsOverall, the results show that the presence of Chinese migrant workers in Indonesia is a form of Trojan altruism and harmful to local labor market. This study also provides a theoretical debate that morals are always embedded in markets.Research limitations/implicationsThe data and focus of this study are the Indonesian side, particularly the local labor market. In addition, access to interviews with the Chinese government and companies is very challenging and cannot be done because they cannot carelessly provide information to journalists and researchers.Originality/valueIn contrast to previous studies on Chinese migrant workers that tend to use the economic perspective, this study applies the moral perspective that is more sociological and discusses social responsibility of market actions.Peer reviewThe peer-review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2022-0737
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