Skip to content
quotesby

About this quote

What does it mean?
Financial dependencies create social bonds and obligations between groups.
In plain terms
Money ties people to their social class or group.
What can you take from it?
Economic reliance shapes social identity.

Where it applies

  • class analysis
  • economic sociology
  • family dynamics

Putting it to work

  • analyzing social bonds
  • reviewing financial dependencies

Questions to consider

  • How does money influence your social ties?
  • Who do your finances connect you to?

Another view

It overlooks non-monetary forms of connection.

More from Walter Bagehot

  1. To a great experience one thing is essential - an experiencing nature.

    Permalink to quote #18
  2. The reason why so few good books are written is, that so few people that can write know anything. In general an author has always lived in a room, has read boo…

    Permalink to quote #20
  3. The less money lying idle the greater is the dividend.

    Permalink to quote #17

Related quotes

  1. For my own part, I had rather suffer any inconvenience from having to work occasionally in chambers and kitchen ... than witness the subservience in which the …

    Harriet MartineauHarriet Martineau quote #2
  2. It is a good world to live in, To lend, or to spend, or to give in; But to beg or to borrow, or to get a man's own, It is the very worst world that ever was kn…

    John, 2nd Earl of Rochester WilmotJohn, 2nd Earl of Rochester Wilmot quote #4
  3. In my opinion, every rich man is a miser.

    Michel de MontaigneMichel de Montaigne quote #5