Are people willing to share risks together within a financial market?
Published Date: 4/8/2020
Source: phys.org
Economic anthropologist Erik Bähre does research on the morality of insurance. In his latest ethnography "Ironies of Solidarity' Bähre explores how the South African insurance market expanded. His book asks questions about boundaries of solidarity; to what extent are people able and willing to share risks together within a financial market? These questions have become ever more urgent with the outbreak of COVID-19, which further tests the limits of financial instruments and solidarity.