Downwardly Mobile

In the unstable economy of the nineteenth-century, few Americans could feel secure. Paper money made values less tangible, while a series of financial manias, panics, and depressions clouded everyday life with uncertainty and risk. In this groundbreaking study, Andrew Lawson traces the origins of American realism to a new structure of feeling: the desire of embattled and aspiring middle class for a more solid and durable reality. The story begins with New England authors Susan Warner and Rose Terry Cooke, whose gentry-class families became insolvent in the wake of the 1837 Panic, and moves to the western frontier, where the early careers of Rebecca Harding Davis and William Dean Howells were shaped by a constant struggle for social position and financial security. We see how the pull of downward social mobility affected even the outwardly successful, bourgeois family of Henry James in New York, while the drought-stricken wheat fields of Iowa and South Dakota produced the most militant American realist, Hamlin Garland. For these writers, realism offered to stabilize an uncertain world by capturing it with a new sharpness and accuracy. It also revealed a new cast of social actors-factory workers, slaves, farm laborers, the disabled, and the homeless, all victims of an unregulated market. Combining economic history and literary analysis to powerful effect, Downwardly Mobile shows how the fluctuating fortunes of the American middle class forced the emergence of a new kind of literature, while posing difficult political choices about how the middle class might remedy its precarious condition.

There are two narratives of the American class structure: one of a country with boundless opportunities for upward mobility and one of a rigid class system in which the rich stay rich while the poor stay poor. Each of these narratives holds some truth, but each overlooks another. In Privilege Lost, Jessi Streib traces the lives of over 100 youth born into the upper-middle-class. Following them for over ten years as they transition from teens to young adults, Streib examines who falls from the upper-middle-class, how, and why don't they see it coming. In doing so, she reveals the patterned ways that individuals' resources and identities push them onto mobility paths--and the complicated choices youth make between staying true to themselves and staying in their class position. Engaging and eye-opening, Privilege Lost brings to life the stories of the downwardly mobile and highlights what they reveal about class, privilege, and American family life.

In Downwardly Global Lalaie Ameeriar examines the transnational labor migration of Pakistani women to Toronto. Despite being trained professionals in fields including engineering, law, medicine, and education, they experience high levels of unemployment and poverty. Rather than addressing this downward mobility as the result of bureaucratic failures, in practice their unemployment is treated as a problem of culture and racialized bodily difference. In Toronto, a city that prides itself on multicultural inclusion, women are subjected to two distinct cultural contexts revealing that integration in Canada represents not the erasure of all differences, but the celebration of some differences and the eradication of others. Downwardly Global juxtaposes the experiences of these women in state-funded unemployment workshops, where they are instructed not to smell like Indian food or wear ethnic clothing, with their experiences at cultural festivals in which they are encouraged to promote these same differences. This form of multiculturalism, Ameeriar reveals, privileges whiteness while using race, gender, and cultural difference as a scapegoat for the failures of Canadian neoliberal policies.

Sophie Hahn analyses downward mobility in educational attainment from a sociological life-course perspective. In order to avoid status loss children of higher-educated parents have to persevere through long educational careers. How large is their risk of intergenerational downward mobility in educational attainment and how does it shape their educational pathways? Does their parents’ education still play a role in decisions at late stages of the educational career such as dropping out of and re-entering higher education? Drawing on retrospective longitudinal data of the German National Education Panel Study (NEPS) this book addresses these questions.

There are two narratives of the American class structure: one of a country with boundless opportunities for upward mobility and one of a rigid class system in which the rich stay rich while the poor stay poor. Each of these narratives holds some truth, but each overlooks another. In Privilege Lost, Jessi Streib traces the lives of over 100 youth born into the upper-middle-class. Following them for over ten years as they transition from teens to young adults, Streib examines who falls from the upper-middle-class, how, and why don't they see it coming. In doing so, she reveals the patterned ways that individuals' resources and identities push them onto mobility paths--and the complicated choices youth make between staying true to themselves and staying in their class position. Engaging and eye-opening, Privilege Lost brings to life the stories of the downwardly mobile and highlights what they reveal about class, privilege, and American family life.

How do the stories we tell about money shape our economies? Beginning in the late eighteenth century, as constant growth became the economic norm throughout Europe, fictional stories involving money were overwhelmingly about loss. Novel after novel tells the tale of bankruptcy and financial failure, of people losing everything and ending up in debtor's prison, of inheritances lost and daughters left orphaned and poor. In Downward Mobility, Katherine Binhammer argues that these stories of ruin are not simple tales about the losers of capitalism but narratives that help manage speculation of capital's inevitable collapse. Bringing together contemporary critical finance studies with eighteenth-century literary history, Binhammer demonstrates the centrality of the myth of downward mobility to the cultural history of capitalism—and to the emergence of the novel in Britain. Deftly weaving economic history and formal analysis, Binhammer reveals how capitalism requires the novel's complex techniques to render infinite economic growth imaginable. She also explains why the novel's signature formal developments owe their narrative dynamics to the contradictions within capital's form. Combining new archival research on the history of debt with original readings of sentimental novels, including Frances Burney's Cecilia and Camilla, Sarah Fielding's David Simple, and Oliver Goldsmith's The Vicar of Wakefield, Downward Mobility registers the value of literary narrative in interpreting the complex sequences behind financial capitalism, especially the belief in infinite growth that has led to current environmental crises. An audacious epilogue arms humanists with the argument that, in order to save the planet from unsustainable growth, we need to read more novels.

First Published in 1995. This original and timely analysis of the transition from youth to adulthood breaks with traditional ideas about the labour market and demographic processes and makes an important and general contribution to understanding social change. Significant developments in the timing and experience of transition have not been satisfactorily addressed, nor understood in relation to general change in household and employment structure, Using primary data gathered in a survey of young adults and their parents, and existing evidence on the organisation of employment and demographic trends, the author analyses developments in the social organisation of dependence, independence and obligation. Delayed parenting and other aspects of the 'rights of passage' are explored in depth, and explained within their wider social context.