Marketing Death: Culture and the Making of a Life Insurance Market in China

Marketing Death: Culture and the Making of a Life Insurance Market in China book cover

Marketing Death: Culture and the Making of a Life Insurance Market in China

Author(s): Cheris Shun-ching Chan (Author)

  • Publisher: Oxford University Press
  • Publication Date: March 22, 2012
  • Edition: 1st
  • Language: English
  • Print length: 304 pages
  • ISBN-10: 0195394070
  • ISBN-13: 9780195394078

Book Description

How do companies sell life insurance in a country where death is a taboo subject? In Marketing Death, Cheris S.C. Chan explores both how and why the life insurance industry has managed to emerge in China, a country with an entrenched cultural stigma against the very topic of death. Drawing on extensive ethnographic fieldwork and engaging with current scholarship, Chan explores the processes and micro-politics by which foreign and domestic companies have negotiated local cultural resistance and created a market in spite of it. In doing so, she asks larger questions about how different societies view and value life and death, what is meant by “cultural values,” how they interact with a set of fragmented cultural tools to compellingly organize individuals’ practical daily lives, and how the market is influenced by them. Chan tells a story not just of the emergence of the Chinese life insurance industry, but of the dynamic relationships between culture and markets, local norms and foreign influences in one of the world’s fastest-growing economies.

Marketing Death is the first book to offer a sociological analysis of the emergence of a life insurance market outside of a European or American context. Through in-depth study of the expansion of an industry whose unique “product” – gambling on one’s own sudden death – has always met with a measure of resistance, but never more so than in China, Chan provides a new lens for understanding how modern capitalist enterprises are diffused to regions with disparate cultural traditions.

Editorial Reviews

Review

Marketing Death documents the role of culture in shaping economic relations. A landmark in the study of insurance and society, it opens a window on the dynamic relationship between consumers and financial service companies.”
–Tom Baker, University of Pennsylvania Law School

“How, when, and why does culture matter for economic activity? With vivid ethnographic observation and theoretical flair, Cheris Shun-ching Chan’s study of Chinese life insurance offers novel answers to such questions. A superb contribution to economic and cultural sociology.”
–Viviana A. Zelizer, Lloyd Cotsen ’50 Professor of Sociology, Princeton University, and author of
Economic Lives: How Culture Shapes the Economy

“Besides giving us fascinating insights into the growth of a new industry in reform-era China, this book breaks new ground in cultural sociology. It helps resolve controversies whether culture is a matter of shared values or a tool kit of strategies for action. It also has much to say about economic sociology and network analysis. Its influence should extend well beyond the field of China studies.”
–Richard Madsen, Distinguished Professor of Sociology and Chinese Studies, University of California, San Diego

Book Description

This book examines the development of the life insurance market in China to address how culture impacts economic practice.

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