Cognition and Social Meaning in Economic Sociology

2019 ◽  
pp. 506-525
Author(s):  
Nina Bandelj ◽  
Christoffer J. P. Zoeller
Keyword(s):  
Economic Sociology ◽  
Social Meaning ◽  
Economic Relations ◽  
Relational Work ◽  
The Social ◽  
Multiple Meanings ◽  
Meaning Of Money ◽  
Compare And Contrast ◽  
Central Economic

This chapter reviews the literature on cognition and social meaning in economic sociology, with special attention to the case of money. The first part discusses subfields related to economic sociology that have carved space for attention to the role of cognitive processes, or cognitive embeddedness, including the institutional logics, conceptions of control, and classification/categorization perspectives. The second part takes up one central economic object, money, to compare and contrast the behavioral economics perspective on mental accounting with the research on the social meaning of money and relational work, which emphasizes how money’s multiple meanings and forms influence the negotiation of social-economic relations.

Utopian Monies

Money Talks ◽  
2017 ◽  
Author(s):  
Nigel Dodd
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Peer To Peer ◽  
Conventional Wisdom ◽  
Social Meaning ◽  
Face To Face ◽  
The Social ◽  
Complementary Currencies ◽  
Meaning Of Money

Since the 2008 global financial crisis, there has been an explosion of interest in alternative and complementary currencies, by academics, governments, practitioners, and activists who are interested in the social and political possibilities generated by money's myriad forms; and by everyday users of money who are coming face-to-face with new forms of payment such as Apple Pay and PayPal, novel modes of financing such as crowdfunding and peer-to-peer lending, and new digital currencies such as Bitcoin. Much of this interest has sought to reverse the conventional wisdom that money is a socially corrosive force. This chapter offers a survey and discussion of some of the most important developments in this field and argues that they all help to confirm the value and continuing relevance of Zelizer's pathbreaking analysis of the social meaning of money and, more recently, her work on the role of monetary media in the formation of circuits of commerce.

Book Reviews

2016 ◽  
Vol 54 (3) ◽  
pp. 953-955
Keyword(s):  
Social Relations ◽  
Economic Sociology ◽  
Global Markets ◽  
Fourth Dimension ◽  
Relational Work ◽  
Theoretical Statement ◽  
The Social ◽  
Sociological Approaches

Amandine Ody-Brasier of the Yale School of Management reviews “Re-Imagining Economic Sociology,” by Patrik Aspers and Nigel Dodd. The Econlit abstract of this book begins: “Twelve papers investigate the role of theory in economic sociology by providing major theoretical insights and their significance to economic sociology as well as a general theoretical statement of the field. Papers discuss theorizing in economic sociology (Richard Swedberg); reimagining capitalist dynamics—fictional expectations and the openness of economic futures (Jens Beckert); utopianism and the future of money (Nigel Dodd); what a financial market is—global markets as media-institutional forms (Karin Knorr Cetina); economy and law—old paradigms and new markets (Bruce G. Carruthers); economic institutions from networks (Victor Nee and Sonja Opper); the fourth dimension of power—the social construction of interest in the new economic sociology (Frank Dobbin and Jiwook Jung); certifying the world—power infrastructures and practices in economics in conventional forms (Laurent Thévenot); thinking about social relations in economy as relational work (Nina Bandelj); phenomenological identity in economic sociology (Patrik Aspers); the organizational gift and sociological approaches to exchange (Philippe Steiner); and the kind of reimagining that economic sociology needs (Neil Fligstein).”

The Social Meaning of Money: "Special Monies"

1989 ◽  
Vol 95 (2) ◽  
pp. 342-377 ◽  
Author(s):  
Viviana A. Zelizer
Keyword(s):  
Social Meaning ◽  
The Social ◽  
Meaning Of Money

The Social Characterizations of Price: The Fool, the Faithful, the Frivolous, and the Frugal

2008 ◽  
Vol 26 (4) ◽  
pp. 363-379 ◽  
Author(s):  
Frederick F. Wherry
Keyword(s):  
Reference Point ◽  
Systematic Approach ◽  
Social Location ◽  
Social Meaning ◽  
Ideal Types ◽  
The Social ◽  
Social Meanings ◽  
Meaning Systems ◽  
Pricing System ◽  
Meaning Of Money

This article extends both Viviana Zelizer's discussion of the social meaning of money and Charles Smith's proposal that pricing is a definitional practice to the under-theorized realm of the social meanings generated in the pricing system. Individuals are attributed with calculating or not calculating whether an object or service is “worth” its price, but these attributions differ according to the individual's social location as being near to or far from a societal reference point rather than by the inherent qualities of the object or service purchased. Prices offer seemingly objective (quantitative) proof of the individual's “logic of appropriateness”—in other words, people like that pay prices such as those. This article sketches a preliminary but nonexhaustive typology of the social characterizations of individuals within the pricing system; these ideal types—the fool, the faithful, the frugal, and the frivolous—and their components offer a systematic approach to understanding prices as embedded in and constituents of social meaning systems.

Multimodal strategies for balancing formality and informality

2021 ◽  
Author(s):  
Michiko Kaneyasu
Keyword(s):  
Social Relationships ◽  
Social Presence ◽  
Linguistic Features ◽  
Relational Work ◽  
Local Functions ◽  
The Social

Abstract This paper investigates multimodal strategies for balancing formality and informality online. The analysis of 300 comment-reply interactions on a recipe sharing site in Japan demonstrates that writers tend to avoid being overly formal or informal in their messages. For example, most comments and replies are written in polite forms but many incorporate some plain forms and colloquial expressions. Linguistic features, however, are not the only way through which the writers manage an appropriate level of formality and informality. The study examines the role of kaomoji or Japanese-style emoticons for socio-relational work online. Some kaomoji function locally as cues for interpreting the sentences featuring kaomoji. All kaomoji, including those with local functions, work to enhance the social presence of the writers on the screen via pictographic gaze and gestures, which increases the perception of intimate rapport. The findings underscore the importance of a multimodal perspective in examining how people handle social relationships online.

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