This book offers a fresh and uniquely sociological perspective on
money and credit. As basic economic institutions, money and credit
are easy to overlook when they work well. When they malfunction, as
they did in the new millennium’s global financial crisis,
their importance becomes obvious and demands further
investigation.
Bruce Carruthers and Laura Ariovich examine the social dimensions
of money and credit at both the individual and corporate levels,
from the development of personal credit and a consumer society, to
the role of government in the creation of money. In clear prose,
they illustrate how the overall future of the economy is governed
by the financial system and the flow of capital into, and out of,
firms operating in particular industrial sectors, as well as the
social meanings money itself acquires and the ways people
distinguish between ‘dirty’ and ‘clean’
money.
This accessible and engaging book will be essential reading for
upper-level students of economic sociology, and those interested in
how the bills, coins and plastic in our pockets shape the world we
live in.
Table of Content
Acknowledgments.
Chapter 1: Introduction.
Chapter 2: A Brief History of Money.
Chapter 3: The Social Meaning of Money.
Chapter 4: Credit and the Modern Consumer Society.
Chapter 5: Credit and the Modern Corporate Economy.
Chapter 6: Conclusion.
Bibliography.
About the author
Bruce G. Carruthers is Professor of Sociology at Northwestern
University
Laura Ariovich is Becaria Superior at the University of Buenos
Aires
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