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The Moral Power of Money - Morality and Economy in the Life of the Poor (Paperback)
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The Moral Power of Money - Morality and Economy in the Life of the Poor (Paperback)
Series: Culture and Economic Life
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Looking beneath the surface of seemingly ordinary social
interactions, The Moral Power of Money investigates the forces of
power and morality at play, particularly among the poor. Drawing on
fieldwork in a slum of Buenos Aires, Ariel Wilkis argues that money
is a critical symbol used to negotiate not only material
possessions, but also the political, economic, class, gender, and
generational bonds between people. Through vivid accounts of the
stark realities of life in Villa Olimpia, Wilkis highlights the
interplay of money, morality, and power. Drawing out the
theoretical implications of these stories, he proposes a new
concept of moral capital based on different kinds, or "pieces," of
money. Each chapter covers a different "piece"-money earned from
the informal and illegal economies, money lent through family and
market relations, money donated with conditional cash transfers,
political money that binds politicians and their supporters,
sacrificed money offered to the church, and safeguarded money used
to support people facing hardships. This book builds an original
theory of the moral sociology of money, providing the tools for
understanding the role money plays in social life today.
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