In this episode of the Slow Reckoning Podcast, host Amarinder Sidhu speaks with Nina Bandelj, Chancellor's Professor of Sociology at the University of California, Irvine, about her new book Overinvested: The Emotional Economy of Modern Parenting.
Nina describes sociology as the scientific study of human behavior in social context, at both the micro and macro level. And how economic sociology, the core of her academic practice, explores the social meaning of money and how it interacts with our values, emotions, and relationships.
The episode digs into how parenting has become an "emotional economy," where economization (investment-style reasoning, financialization, privatization, and marketization of childcare, tutoring, and youth sports) merges with emotionalization (therapeutic advice culture, a heightened focus on emotions, and the centrality of the parent-child relationship).
The conversation moves through the growth of the parenting industrial complex, and how parents have come to rely on privatized services to prepare their kids for future success as public options shrink.
It closes on the collective action problem parents find themselves inside, the case for public investment in raising children, and how each parent might think differently about what it means to raise a young person in today's world.
00:00 Welcome and Introductions
02:33 Sociology as a Field of Study
05:20 What is Economic Sociology
07:49 How the Book Came About
14:21 Defining Emotional Economy of Parenting
18:36 Economization and Emotionalization
23:50 Viewing Kids as Human Capital
28:47 Preschool and Youth Enrichment Race
34:12 Parenting Industrial Complex
39:07 Good Parent Feelings
41:28 Expanding Extracurriculars
43:02 Why Parents Enroll
46:24 End of Free Play
49:51 Viewing Kids as Investments
50:29 Parent Expectations from Kids
55:16 Therapy Culture and Parenting
01:04:07 Social Inequality and Parent Burnout
01:09:49 Resistance to Public Support
01:14:10 Rethinking Parenting Choices
01:19:43 Closing Reflections
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