Get Insufficient Funds: The Culture of Money in Low-Wage PDF

Marriage Family

By Hung Cam Thai

ISBN-10: 0804777314

ISBN-13: 9780804777315

Every 12 months migrants around the globe ship greater than $500 billion to kin of their domestic nations, and this move of cash has vital own, cultural, and emotional implications for the immigrants and their kinfolk alike. Insufficient Funds tells the tale of the way low-wage Vietnamese immigrants within the usa and their bad, non-migrant relatives provide, obtain, and spend money.

Drawing on interviews and fieldwork with a couple of hundred individuals of transnational households, Hung Cam Thai examines how and why immigrants, who principally earn low wages as hairdressers, cleaners, and different "invisible" employees, ship domestic a considerable section of their gains, in addition to spend lavishly on relations in the course of go back journeys. Extending past mere altruism, this spending is prompted via complicated social tasks and the need to achieve self esteem regardless of their constrained fiscal possibilities within the usa. even as, such remittances bring up expectancies for criteria of residing, generating a cascade influence that monetizes relations relationships. Insufficient Funds powerfully illuminates those and different contradictions linked to cash and its new meanings in an more and more transnational world.

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Additional info for Insufficient Funds: The Culture of Money in Low-Wage Transnational Families

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Although non-migrant communities differ with respect to the intricate ways individuals interpret how their migrant relatives express care and affection for one another, the expectation that migrant relatives will financially support family in the homeland is not specific to Vietnamese transnational families. , in the Philippines,15 Honduras,16 Ghana,17 Cape Verde,18 and Congo19) that demonstrate the importance of money as a significant aspect of expressing devotion and affection in transnational families.

I don’t think that will be a big problem for Quang,” she quickly says when asked if that amount is reasonable to expect from Quang. ” Truc’s main reference point for a better life—in particular, for going abroad— is anchored in the streams of money her brother has been sending over the past few years. These funds convey to her the enormous possibilities that would exist if she could leave the country. She takes heart from the fact that when Quang sent $3,000 for the taxi license, he did not hesitate or ask any questions.

S. ”38 It is special money for two primary reasons. First, the people who give and spend it usually earmark the money for specific expenditures. Second, and more significantly, money in low-wage transnational families is special money because it offers migrants the ability to return to the homeland to participate in the sphere of consumption, which is one of the few avenues open to them for asserting competence, social worth, and status. Given the persistent restricted and blocked mobility as well as the undignified working conditions that low-wage migrants face in the new economy, the affection, love, respect, and esteem gained from giving and spending money are not only highly seductive but frequently necessary to maintain a sense of personal dignity.

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Insufficient Funds: The Culture of Money in Low-Wage Transnational Families by Hung Cam Thai

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