Economic Lives: How Culture Shapes the Economy [NOOK Book]

Overview

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...

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Economic Lives: How Culture Shapes the Economy

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Overview

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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Editorial Reviews

Foreword
As a compilation of three decades of Zelizer's contributions to economic sociology, the book will help economists and sociologists see how the discipline has evolved over the years. For other readers, the book is a fascinating introduction to the subject.
— Karunesh Tuli
Times Higher Education
[T]his collection is an excellent introduction to, and summary of, [Zelizer's] impressive oeuvre, and makes a strong case for economists studying transactions within their cultural context.
— Natalie Gold
Sociological Forum
Economic Lives reveals . . . Zelizer's brilliant craftsmanship in knitting together innovative narratives about the ceaseless interplay between money and social relations, means and meaning, objective and subjective, material and symbolic. . . . [H]er work still reigns supreme in the description and analysis of the careful economic strategies individuals anxiously deploy to find meaning and a moral ground.
— Marion Fourcade
Times Higher Education - Natalie Gold
[T]his collection is an excellent introduction to, and summary of, [Zelizer's] impressive oeuvre, and makes a strong case for economists studying transactions within their cultural context.
Foreword Reviews - Karunesh Tuli
As a compilation of three decades of Zelizer's contributions to economic sociology, the book will help economists and sociologists see how the discipline has evolved over the years. For other readers, the book is a fascinating introduction to the subject.
Sociological Forum - Marion Fourcade
Economic Lives reveals . . . Zelizer's brilliant craftsmanship in knitting together innovative narratives about the ceaseless interplay between money and social relations, means and meaning, objective and subjective, material and symbolic. . . . [H]er work still reigns supreme in the description and analysis of the careful economic strategies individuals anxiously deploy to find meaning and a moral ground.
From the Publisher
"[T]his collection is an excellent introduction to, and summary of, [Zelizer's] impressive oeuvre, and makes a strong case for economists studying transactions within their cultural context."—Natalie Gold, Times Higher Education

"As a compilation of three decades of Zelizer's contributions to economic sociology, the book will help economists and sociologists see how the discipline has evolved over the years. For other readers, the book is a fascinating introduction to the subject."—Karunesh Tuli, Foreword Reviews

"Immensely interesting and thought-provoking—especially for academic collections and for fans of the Freakanomics series looking for meatier fare."—Library Journal

"Economic Lives reveals . . . Zelizer's brilliant craftsmanship in knitting together innovative narratives about the ceaseless interplay between money and social relations, means and meaning, objective and subjective, material and symbolic. . . . [H]er work still reigns supreme in the description and analysis of the careful economic strategies individuals anxiously deploy to find meaning and a moral ground."—Marion Fourcade, Sociological Forum

Library Journal
Zelizer (sociology, Princeton Univ.) is one of the earliest and most prolific contributors to the field of economic sociology, which has only recently come into the spotlight as traditional economic theory has failed to predict or explain repeated crises and downturns. This is a collection of Zelizer's previously published essays in five thematic areas: valuation of human lives, the social meaning of money, intimate economies, the economy of care, and circuits of commerce. The sixth section includes general essays on the relationship of social life and economic activity. Each section begins with a brief introduction that provides background, underlying theory, and summaries of the essays included. Other recent titles in the field include Alex Preda's Information, Knowledge, and Economic Life: An Introduction to the Sociology of Markets and Richard E. Wagner's Mind, Society, and Human Action: Time and Knowledge in a Theory of Social Economy. VERDICT Immensely interesting and thought-provoking—essential for academic collections and for fans of the Freakonomics series looking for meatier fare.—Sara Holder, McGill Univ., Montreal
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Product Details

  • ISBN-13: 9781400836253
  • Publisher: Princeton University Press
  • Publication date: 9/27/2010
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition description: Course Book
  • Pages: 496
  • File size: 2 MB

Meet the Author

Viviana A. Zelizer is the Lloyd Cotsen '50 Professor of Sociology at Princeton University. She is the author of "The Purchase of Intimacy", "The Social Meaning of Money", "Pricing the Priceless Child" (all Princeton), and "Morals and Markets: The Development of Life Insurance in the United States".
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Table of Contents

Preface ix
Introduction: The Lives behind Economic Lives 1

Part one: Valuation of Human Lives
Introduction 13
Chapter 1: Human Values and the Market: The Case of Life Insurance and Death in Nineteenth-Century America 19
Chapter 2: The Price and Value of Children: The Case of Children's Insurance in the United States 40
Chapter 3: From Baby Farms to Baby M 61
Chapter 4: The Priceless Child Revisited 72

Part Two: The Social Meaning of Money Introduction 89
Chapter 5: The Social Meaning of Money: "Special Monies" 93
Chapter 6: Fine Tuning the Zelizer View 128
Chapter 7: Payments and Social Ties 136
Chapter 8: Money, Power, and Sex 150

Part Three: Intimate Economies
Introduction 165
Chapter 9: Do Markets Poison Intimacy? 171
Chapter 10: The Purchase of Intimacy 181
Chapter 11: Kids and Commerce 213
Chapter 12: Intimacy in Economic Organizations 237

Part Four: The Economy of Care
Introduction 269
Chapter 13: Caring Everywhere 275
Chapter 14: Risky Exchanges 288

Part Five: Circuits of Commerce
Introduction 303
Chapter 15: Circuits within Capitalism 311
Chapter 16: Circuits in Economic Life 344

Part Six: Appraising Ec onomic Lives: Critiques and Syntheses
Introduction 355
Chapter 17: Beyond the Polemics on the Market: Establishing a Theoretical and Empirical Agenda 363
Chapter 18: Pasts and Futures of Economic Sociology 383
Chapter 19: Culture and Consumption 398
Chapter 20: Ethics in the Economy 440

Published Works of Viviana A. Zelizer on Economic Sociology 459
Index 465

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