{"id":12157,"date":"2021-07-08T05:00:26","date_gmt":"2021-07-08T03:00:26","guid":{"rendered":"https:\/\/www.sciencespo.fr\/research\/cogito\/home\/?p=12157"},"modified":"2021-07-08T08:23:47","modified_gmt":"2021-07-08T06:23:47","slug":"omnipresent-money","status":"publish","type":"post","link":"https:\/\/www.sciencespo.fr\/research\/cogito\/home\/omnipresent-money\/?lang=en","title":{"rendered":"Omnipresent Money"},"content":{"rendered":"

By Jeanne Lazarus, CSO<\/em>
\n<\/b><\/p>\n

\"\"<\/a>Money is part of every sphere of modern life. The financial crisis of 2008 affected economic and social situations in many countries, and has been analysed by many researchers, including economists. However, they are not the only ones: sociologists have also looked into this topic, considering not only its financial aspects, but other dimensions too. In the wake of this crisis, Damien de\u00a0Blic, political scientist at Paris\u00a08, and Jeanne Lazarus, sociologist and CNRS research fellow at the Sciences Po Centre for the Sociology of Organisations, felt the need to re-write and republish \u2018Sociologie de l\u2019argent\u2019<\/i><\/a> (Sociology of money), first published in 2007.
\nNo-holds-barred interview with Jeanne Lazarus.<\/p>\n

In 2021, you are republishing your book, after a thorough revision. You describe the 2008 subprime crisis as a turning point, notably in the academic world. What changes have you observed?<\/h5>\n

Jeanne Lazarus: The subprime crisis obviously had a number of severe economic and social effects, but it also had repercussions in the world of academia. Although works analysing finance and money dates back well before 2008\u2009\u2013\u2009the first edition of our book was published in 2007\u2009\u2013\u2009the subprime crisis attracted much more attention to these topics. The number of research projects on financial subjects increased significantly, as well as interest in sociological topics, such as credit or household spending. For instance, explaining the credit choices of American families implies considering not only the credit market, but also state regulations, the employment market, family relations, investment models, the place of debt in a life cycle, etc. Similarly, the crisis cannot be understood without bearing in mind the all-important relationships of class, gender and race.<\/p>\n

What is the sociology of money? How can such a broad, multidimensional topic be approached? As well as economic and social aspects, there are moral and religious dimensions to money too\u2026<\/h5>\n
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People are queuing for service in Department of Sberbank of Russia, 2013 in Moscow \u00a9 Pavel L Shutterstock<\/p><\/div>\n

J.L: Yes, the sociology of money is a potentially infinite field since money is present almost everywhere(1)<\/sup><\/a>Jeanne Lazarus, Household Money, a Policy Issue<\/a>, Cogito<\/em>, November 2019<\/span><\/span>