Zelizer demonstrates that money touches so much of life that studying the meanings we attach to particular monies becomes a way to gain insight into our relationships with others and our self-understandings; our views of what is permissible, 1 I have benefited greatly from conversations with Viviana Zelizer and participants at the Yale Money Talks symposium organized by Nina Bandelj and Fred Wherry, held on September 12,
She shows how people have invented their own forms of currency, earmarking money in ways that baffle market theorists, incorporating funds into webs of friendship and family relations, and otherwise varying the process by which spending and saving takes place. It first considers the traditional interpretation of money, that is, as “market money,” and then proposes an alternative model of “special monies” that incorporates the social … She has published books on the development of life insurance, the changing value of children, the place of money in social life and the economics of intimacy. No Comments Yet A deftly argued case for a new kind of socialism that, while sure to inspire controversy, bears widespread discussion. Zelizer concentrates on … If you do not receive an email within 10 minutes, your email address may not be registered,
CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): In The Social Meaning of Money Viviana Zelizer steadily takes apart the idea of fungibility—that a dollar is a dollar is a dollar. © Copyright 2020 Kirkus Media LLC. In aid of her thesis that commercial enterprises and government agencies as well as individuals distinguish among forms of legal tender, she first examines how money was ``earmarked'' (i.e., allocated) in domestic households at a time when the US was becoming a consumer-oriented society and comparatively few women worked for wages. Search term. After all, it’s just money. In evaluating this and allied aspects of money's infinite variety as exemplified by such currency equivalents as casino chips, food stamps, and tokens (plus the divergences between an allowance and a salary, honorariums, and related anomalies), Zelizer concludes that multiple monies are a central feature of advanced capitalist economies. ""Zelizer has a genius for detecting hidden order in everyday practices. The Social Meaning of Money Viviana Zelizer steadily takes apart the idea of fungibility—that a dollar is a dollar is a dollar. The Social … Jonathan Morduch Search for more papers by this author. Culture and social structure mark the quality of money by institutionalizing controls, restrictions, and districtions in the sources, uses, modes of allocation, and even the quantity of money.
An illuminating, on-the-money audit of a protean commodity that's largely taken for granted. A scholar's thought-provoking and persuasively documented challenge to the utilitarian assumption that money is simply a fungible, impersonal medium of exchange. by now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. . Modern money creates, transforms, transports, and possesses meaning by virtue of how it is used. No Comments Yet Advanced Search Citation Search. Indeed, it is part of the ideology of our time that money is a single, impersonal instrument that impoverishes social life by reducing relations to cold, hard cash. The making of money --The domestic production of monies --Gifted money --Poor people's money --With strings attached: the earmarking of charitable cash --Contested monies --What does money mean? and you may need to create a new Wiley Online Library account.Enter your email address below and we will send you your usernameIf the address matches an existing account you will receive an email with instructions to retrieve your username Pre-publication book reviews and features keeping readers and industry Moving on to optional largesse (including tips and bonuses), Zelizer points out that it matters how gifts of money are spent; the recipient of a birthday check, she observes, is not expected to buy groceries with it. Viviana A. Zelizer. Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our... She argues that the notion that “money is a single, interchangeable, absolutely impersonal instrument” (Zelizer 1994, p. 1) fails to acknowledge the many ways that we separate, personalize, and earmark different sources of money. "—Charles Tilly, author of Pin Money, Paychecks, Poor Relief, and Other Currencies influencers in the know since 1933. All Rights Reserved. Jonathan Morduch
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