Financial Practices as Adaptations to Increasing Vulnerability
Résumé
This chapter studies household-based solidarity and protection mechanisms, through a detailed analysis of their savings and indebtedness practices. It is based on five months of fieldwork carried out in Rosario (Argentina) in 2009. Household budgets reveal a wide variety of practices that reify savings and extend debt relations over time. They also highlight the prominence of domestic solidarity and protection mechanisms. The ubiquity of these household-based mechanisms should be understood as a response to the weakening of employment-based solidarity and protection schemes, induced by the dismantling of the Fordist-like wage-labour nexus that prevailed among Rosario's low-income households until the 1990s.
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