Moving money and everyday life - understanding debt and the digitalization of credit [Anthropology of Economy Network]

Pernille Hohnen (Aalborg University)
Marie Kolling (Danish Institute for International Studies (DIIS))
Marek Mikuš (Max Planck Institute for Social Anthropology)
Start time:
17 August, 2018 at 9:00
Session slots:

Short abstract:

This panel investigates how emerging financial regimes and new forms of digital money are being accommodated in different social and regional contexts with the particular aim of understanding how debt and credit based financing affect peoples' moralities, emotions and actions in everyday life.

Long abstract:

This panel addresses the digitalization of money and recent developments of credit and debt based financing across the globe. The aim is to investigate how persisting cross-cultural connotations of credit and debt (Peebles 2010) together with new forms of 'moving' credit/debt relations and credit usage (Gregory 2012) are accommodated into and affect peoples' everyday lives. Movement has implicitly been addressed in antropological studies on money and financing e.g. as forms of economic exchange and society building (e.g. Sahlins 1972; Bohannan 1955) and by examining the relationship between gift economy and commoditization (Taussig 1980; Appadurai 1986; Mauss 2011 [1954] Godelier 1999; Graeber 2001; Munn 1986) both related to changing meanings of money and money as social currencies and moral economy (Parry and Bloch 1989; Hart 2001; Maurer 2006; Zelizer 1997). As money increasingly moves in digital forms, this panel asks how new technologies and credit/debt based financial regimes move people's moralities, emotions and actions? What types of moral and emotional connotations of money, credit and debt can be identified (such as shame, guilt and pride) when looking at developments of digital money and changing forms of credit and debt? How do people juggle new forms of cashless credit and debt? How do financial policies towards cashless societies shape these developments? We welcome ethnographic papers exploring the digitalization of money and credit, how it affects practices and emotions in everyday life and how this may challenge existing anthropological theories of money, credit and debt.