Journal of Interpersonal Violence, Ahead of Print.
The article examines the recent individual level extensions to Institutional Anomie Theory. It explores if a marketized mentality is important to the development of a violent street code that encourages violence as a method of self-enhancement, as well as a factor directly leading to violence. Further, it investigates if the impact of the marketized mentality on violence is moderated by risk-taking and violent peers. It controls for other important factors associated with violence including physical abuse, homelessness, violent victimization, and social bonds. The research utilizes self-report data from interviews with 400 Canadian homeless youth aged 16–24. Results from the OLS regressions indicated that a marketized mentality, along with risk-taking, violent peers, violent victimization, and social bonds predicted levels of support for the street code. The marketized mentality had a direct effect on violence, as well as an indirect effect through the street code. The effect of marketized mentality on violence was also stronger at higher levels of risk-taking and violent peer association. Physical abuse, violent victimization, risk-taking, and violent peers also had direct effects on violence. The findings suggest that a marketized mentality can be adopted even in economically marginal populations leading to the development of violent strategies to fulfill goals. Avenues for future research are offered.