Economic Lives: How Culture Shapes the Economy

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Princeton University Press, Sep 27, 2010 - Social Science - 496 pages
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Over the past three decades, economic sociology has been revealing how culture shapes economic life even while economic facts affect social relationships. This work has transformed the field into a flourishing and increasingly influential discipline. No one has played a greater role in this development than Viviana Zelizer, one of the world's leading sociologists. Economic Lives synthesizes and extends her most important work to date, demonstrating the full breadth and range of her field-defining contributions in a single volume for the first time.

Economic Lives shows how shared cultural understandings and interpersonal relations shape everyday economic activities. Far from being simple responses to narrow individual incentives and preferences, economic actions emerge, persist, and are transformed by our relations to others. Distilling three decades of research, the book offers a distinctive vision of economic activity that brings out the hidden meanings and social actions behind the supposedly impersonal worlds of production, consumption, and asset transfer. Economic Lives ranges broadly from life insurance marketing, corporate ethics, household budgets, and migrant remittances to caring labor, workplace romance, baby markets, and payments for sex. These examples demonstrate an alternative approach to explaining how we manage economic activity--as well as a different way of understanding why conventional economic theory has proved incapable of predicting or responding to recent economic crises.

Providing an important perspective on the recent past and possible futures of a growing field, Economic Lives promises to be widely read and discussed.

 

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Contents

The Lives behind Economic Lives
1
VALUATION OF HUMAN LIVES
13
THE SOCIAL MEANING OF MONEY
89
INTIMATE ECONOMIES
165
THE ECONOMY OF CARE
269
CIRCUITS OF COMMERCE
303
APPRAISING ECONOMIC LIVES CRITIQUES AND SYNTHESES
355
Published Works of Viviana A Zelizer on Economic Sociology
459
Index
465
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