Abstract
ABSTRACT The social changes tied to late modernity and an increasingly precarious labor market have facilitated the emergence of fortune as a potentially significant element for understanding contemporary society. This article approaches this contingent, individualized, secularized, and uncertain panorama from the perspective of the young adults tasked with navigating these societal transformations and the effects of a prolonged economic crisis. Based on a discourse analysis of 20 in-depth interviews and three focus groups with young adults in Spain, it examines how chance/luck is employed by these individuals. A typology is presented and discussed, consisting of four different relationships with fortune. In the participants’ narratives this paper finds a meritocratic approach, which involves an understanding that good luck is attained through individual initiative, but also relationships less concerned with human agentic power where it can be conceived as an explanatory or meaning making device, as a threat or as an element tied to hope. Consequently, the article seeks to address a gap in sociological research, which has tended to overlook the analytical relevance of fortune, arguing that it constitutes a central element to the symbolic frameworks of these vulnerable young adults as they make their way through a changing world.
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