SOC 352 - Sociology of Money

Is money a self-propelling medium of exchange, solely about mundane financial calculations, transactions, and interests? Do we only use it to quantify various qualities into a standard metric to exchange them? What happens when money penetrates what is typically considered priceless, such as our norms, emotions, intimate relations, bodies, or nature? In today’s world, it is common for various economic, legal, and social institutions to place financial values on things as profound as human life, death, blood, organs, justice, sexual or romantic partnerships, and wildlife. Does this exercise flatten, commodify, corrode, and corrupt, as many scholars, legalists, activists think it does? Or, does it operate interdependently with our moral principles, cultural practices, interpersonal relationships? Then, how can those supposed corrosive commodification practices, in reality, turn into meaningful relations within which our lives, values, and ties are construed, maintained, and shaped? This conference invites its participants to grapple with these fundamental problems and more. Drawing on neoclassic economic theory to its Marxist critics, critical socio-legal scholarship to moral philosophy, cultural studies to economic sociology, we’ll delve deep into the social life of money. Thus, we’ll examine money not merely as a financial instrument but with the social and cultural processes mediating its significance from within.

Unit(s): 1
Group Distribution Requirement(s): Distribution Group II
Prerequisite(s): SOC 211
Instructional Method: Conference
Grading Mode: Letter grading (A-F)
Not offered: 2024-25
Group Distribution Learning Outcome(s):

Evaluate data and/or sources.
Analyze institutions, formations, languages, structures, or processes, whether social, political, religious, economic, cultural, intellectual or other.
Think in sophisticated ways about causation, social and/or historical change, human cognition, or the relationship between individuals and society, or engage with social, political, religious or economic theory in other areas.