While there seems to be general agreement among members of contemporary American society about the value of reducing threats to individual well-being, there are may who actively seek experiences that involve a high potential for personal injury or death. High-risk sports such as hang gliding, skydiving, scuba diving, rock climbing, and the like have enjoyed unprecedented growth in the past several decades even as political institutions in Western societies have sought to reduce the risks of injury in the workplace and elsewhere. The contradiction between the public agenda to reduce the risk of injury and death and the private agenda to increase such risks deserves th attention of sociologists. A literature review is presented that points to a number of shortcomings in existing studies, most of which are associated with the psychological reductionism that predominates in this area of study. An effort is made to provide a sociological account of voluntary risk taking by (1) introducing a new classifying concept- edgework-based on numerous themes emerging from primary and secondary data on risk taking and (2) explaining edgework in terms of the newly emerging social psychological perspective produced from the synthesis of the Marxian and Meadian frameworks. The concept of edgework highlights the most sociologically relevant features of voluntary risk taking, while the connections between various aspects of risk-taking behaviour and structural characteristic of modern American society at both the micro and macro levels. This approach ties together such factors as political economic variables, at one end of the continuum, and individual sensations and feelings, at the other end.