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.
This book is a very good introduction to the current developments in economic sociology. Viviana Zelizer, born in Buenos Aires, Argentina, is one of the discipline's leading scholars. Economic lives brings together many articles from the last thirty years, encompassing her whole career. The topics range from life insurance to the social meaning of money, the value of children and ethics in the economy. It can be a little repetitive though, especially to readers already familiarized with her work.
I read about 80% of this book. Since it is a compilation of essays, there is some overlap in the ideas presented in each essay, which is why I didn't read each one thoroughly.
Economic sociology is a fascinating field. I read this for my dissertation work and highly recommend it to others with a scholarly interest in the social meanings of money, consumption, exchange of goods, etc. Zelizer is a great writer and studies rich contexts to bring her theoretical arguments to life.