Family as a socio-economic actor in the political economy of welfare

Abstract

After years of neoliberal restructuring of social welfare, families are under pressure to act more strategically in absorbing the ever-increasing social risks and costs associated with social reproduction. Thus, we consider it imperative to expand our theoretical understanding of the family as a socio-economic actor whose agency extends beyond the realm of care provision. Drawing upon Karl Polanyi’s work on the variety of moral rationalities of economic action and upon critical realist sociological literature on the family as a relational subject this chapter conceptualizes the family as a collective socio-economic actor that deploys a portfolio of moral ‘rationales’ and practices (householding, reciprocity, redistribution and market exchange) to enhance the welfare of its members. We conclude by arguing for a new research agenda that treats the terrain of family’s collective agency as a separate level of analysis, where intersections of class, racial, gender and generational inequalities can be re-imagined in studying how different welfare regimes institutionalize the conditions for families to act as socio-economic agents.