Professor of Sociology
University of California, Irvine
3:10 – 5:00 pm – Lecture by Nina Bandelj
5:00 – 6:00 pm – Year-end Celebration
The U.S. Federal Reserve reports that total household debt in the U.S. has climbed to a staggering $12 trillion. Demographers document increasing expenditures for raising children over time. This project argues that trends in rising debt and raising kids are inextricably related in that households have increasingly taken on debt to engage in a moral economy of investment in children, expending not only emotions, time and money but progressively relying on financial resources, a phenomenon penetrating across class lines and not limited to concerted cultivation of children by the more privileged households. Transcending private spheres of families, investment parenting has come to constitute contemporary financialized political economy, given that financial investments through mortgage and education loans, to afford children safety, education and future economic security, have propelled faster increases in income inequality among households with children than among those without children. Data from the Survey of Consumer Finances (1989 through 2013), the College Board and National Center for Education Statistics as well as secondary qualitative and quantitative analyses expose how features of global political economy infiltrate the intimate lives of American families, all the while the resultant economy of parenting, reliant on debt and financing to invest in children, scaffolds financialization of the U.S. economy.
Nina Bandelj’s research engages and intersects two areas of inquiry, economic sociology and social change related to transformations in Central and Eastern Europe and globalization. She is interested in uncovering the social bases of economic processes, at micro and macro levels of analysis, and to advance new theoretical explanations about economy/society interactions. To do so she often collects and analyzes original data employing quantitative or qualitative methods, or a combination of both.
Celebrating four years of the UCR Political Economy Seminar
Join us following Nina Bandelj’s talk for a year-end celebration of the UCR Political Economy Seminar. Since 2012, the UCR Political Economy Seminar has advanced the research and teaching mission of UCR. They organize internal research seminars for Political Economy faculty and graduate students, and host seminars by internationally renowned Political Economists.
Light refreshments will be served.
If you plan to attend, please RSVP Katharine Henshaw at email@example.com.
Non-UCR guests are eligible for free parking by RSVP.