Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Credit And Debt In An Unequal Society
Download Credit And Debt In An Unequal Society full books in PDF, epub, and Kindle. Read online Credit And Debt In An Unequal Society ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Credit and Debt in an Unequal Society by : Jürgen Schraten
Download or read book Credit and Debt in an Unequal Society written by Jürgen Schraten and published by Berghahn Books. This book was released on 2020-02-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than alleviates the extreme social inequality within a country. This book investigates the political reasons for adopting an allegedly self-regulating market despite its disastrous effects and identifies the colonialist ideas of property rights as a mainstay of the existing social order. The book addresses sociologists, political scientists, anthropologists and legal scholars interested in the interaction of economy and law in contemporary market societies.
Book Synopsis The Emergence of Debt and Secular Stagnation in an Unequal Society by : Claudius Gräbner-Radkowitsch
Download or read book The Emergence of Debt and Secular Stagnation in an Unequal Society written by Claudius Gräbner-Radkowitsch and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of private financial wealth and the evolution of public debt. Conducting a series of experiments, we find evidence for Keynes' famous claim that a rise in the propensity to save will not necessarily be matched by a rise in the propensity to invest, culminating in either chronic government deficits or consistently high unemployment rates if the government refuses to accept those deficits. The result emerges endogenously from the interaction of fully decentralized agents. The model indicates that promoting consumer credit can at best provide a very short-lived relief to this problem.
Book Synopsis The Dark Side of Prosperity by : Mark Horsley
Download or read book The Dark Side of Prosperity written by Mark Horsley and published by Ashgate Publishing, Ltd.. This book was released on 2015-03-28 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a critical analysis of consumer credit markets and the growth of outstanding debt, presenting in-depth interview material to explore the phenomenon of mass indebtedness through the life trajectories of self-identified debtors struggling with the pressures of owing money. A rich and original qualitative study of the close relationship between financial capitalism, consumer aspirations, social exclusion and the proliferation of personal indebtedness, The Dark Side of Prosperity examines questions of social identity, subjectivity and consumer motivation in close connection with the socio-cultural ideals of an ‘enjoyment society’ that binds the value of the lives of individuals to the endless acquisition and disposal of pecuniary resources and lifestyle symbols. Critically engaging with the work of Giddens, Beck and Bauman, this volume draws on the thought of contemporary philosophers including Žižek, Badiou and Rancière to consider the possibility that the expansion of outstanding consumer credit, despite its many consequences, may be integral to the construction of social identity in a radically indeterminate and increasingly divided society. A ground-breaking work of critical social research this book will appeal to scholars of social theory, contemporary philosophy and political and economic sociology, as well as those with interests in consumer credit and cultures of indebtedness.
Book Synopsis Inequality, Consumer Credit and the Saving Puzzle by : Christopher Brown
Download or read book Inequality, Consumer Credit and the Saving Puzzle written by Christopher Brown and published by Edward Elgar Pub. This book was released on 2008 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Brown makes an important contribution to the field of consumer credit by presenting a broad view of the issues and problems associated with growing consumer credit habits, culture, and institutions. . . This book effectively uses a heterodox methodology, which will appeal to a wide audience of social scientists. Highly recommended.' - R.H. Scott, Choice
Book Synopsis Indebted Societies by : Andreas Wiedemann
Download or read book Indebted Societies written by Andreas Wiedemann and published by Cambridge University Press. This book was released on 2021-07-08 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many rich democracies, access to financial markets is now a prerequisite for fully participating in labor and housing markets and pursuing educational opportunities. Indebted Societies introduces a new social policy theory of everyday borrowing to examine how the rise of credit as a private alternative to the welfare state creates a new kind of social and economic citizenship. Andreas Wiedemann provides a rich study of income volatility and rising household indebtedness across OECD countries. Weaker social policies and a flexible knowledge economy have increased costs for housing, education, and raising a family - forcing many people into debt. By highlighting how credit markets interact with welfare states, the book helps explain why similar groups of people are more indebted in some countries than others. Moreover, it addresses the fundamental question of whether individuals, states, or markets should be responsible for addressing socio-economic risks and providing social opportunities.
Book Synopsis Debt and Austerity by : Jodi Gardner
Download or read book Debt and Austerity written by Jodi Gardner and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the complex interactions between debt and austerity, analysing the social, economic, and legal implications of governments’ responses to the 2008 financial crisis.
Book Synopsis Credit Where It's Due by : Frederick F. Wherry
Download or read book Credit Where It's Due written by Frederick F. Wherry and published by Russell Sage Foundation. This book was released on 2019-04-26 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: An estimated 45 million adults in the U.S. lack a credit score at time when credit invisibility can reduce one’s ability to rent a home, find employment, or secure a mortgage or loan. As a result, individuals without credit—who are disproportionately African American and Latino—often lead separate and unequal financial lives. Yet, as sociologists and public policy experts Frederick Wherry, Kristin Seefeldt, and Anthony Alvarez argue, many people who are not recognized within the financial system engage in behaviors that indicate their credit worthiness. How might institutions acknowledge these practices and help these people emerge from the financial shadows? In Credit Where It’s Due, the authors evaluate an innovative model of credit-building and advocate for a new understanding of financial citizenship, or participation in a financial system that fosters social belonging, dignity, and respect. Wherry, Seefeldt, and Alvarez tell the story of the Mission Asset Fund, a San Francisco-based organization that assists mostly low- and moderate-income people of color with building credit. The Mission Asset Fund facilitates zero-interest lending circles, which have been practiced by generations of immigrants, but have gone largely unrecognized by mainstream financial institutions. Participants decide how the circles are run and how they will use their loans, and the organization reports their clients’ lending activity to credit bureaus. As the authors show, this system not only helps clients build credit, but also allows them to manage debt with dignity, have some say in the creation of financial products, and reaffirm their sense of social membership. The authors delve into the history of racial wealth inequality in the U.S. to show that for many black and Latino households, credit invisibility is not simply a matter of individual choices or inadequate financial education. Rather, financial marginalization is the result of historical policies that enabled predatory lending, discriminatory banking and housing practices, and the rollback of regulatory protections for first-time homeowners. To rectify these inequalities, the authors propose common sense regulations to protect consumers from abuse alongside new initiatives that provide seed capital for every child, create affordable short-term loans, and ensure that financial institutions treat low- and moderate-income clients with equal respect. By situating the successes of the Mission Asset Fund in the larger history of credit and debt, Credit Where It’s Due shows how to prioritize financial citizenship for all.
Author :Fatima Muhammad Abdulkarim Publisher :Walter de Gruyter GmbH & Co KG ISBN 13 :3110600935 Total Pages :127 pages Book Rating :4.1/5 (16 download)
Book Synopsis Financialization of the economy and income inequality in selected OIC and OECD countries by : Fatima Muhammad Abdulkarim
Download or read book Financialization of the economy and income inequality in selected OIC and OECD countries written by Fatima Muhammad Abdulkarim and published by Walter de Gruyter GmbH & Co KG. This book was released on 2019-11-18 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality is a serious problem confronting not only the developed world but also developing countries. Recently, financialization has been one of the culprits identified in literature as one of the cause of income inequality. This book offers the only detailed presentation of the how financialization aided the spread of income inequality in Organization of Islamic Cooperation, OIC countries. Finance has taking a center stage in the affairs of most developing economies, surpassing the real sector of the economy. The result is the creation of an indebted society in which people are comfortable with financing their financial needs through credit. This creates a debt laden society that is trapped in the cycle of debt. This book represents a comprehensive and indispensable source for students, practitioners and the general public at large. It presents data which shows the buildup of debt and the rising income inequality in Muslim countries. It includes discussion of the rise in rentier income, financialization of everyday life, decline in physical capital accumulation and deregulation of the financial sector. The book therefore, proffers solutions on how Muslim countries can come out of the present economic problem facing them. The promotion and adoption of Islamic principles, which promotes risk sharing based contracts as against debt based transaction is the way to go. When financial contracts are based on the principles of risk sharing, any gains from economic activities get to be shared equitably. Hence, not only capital owners get to enjoy the benefit from the income derived from investments, but rather, all parties that partake in the contract. Distinguished by its clarity and readability as it is written in a very easy to understand language, it is an important reference work for any concerned individual interested on the recent causes of income inequality in Muslim World.
Book Synopsis Money from Nothing by : Deborah James
Download or read book Money from Nothing written by Deborah James and published by Stanford University Press. This book was released on 2014-11-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money from Nothing explores the dynamics surrounding South Africa's national project of financial inclusion—dubbed "banking the unbanked"—which aimed to extend credit to black South Africans as a critical aspect of broad-based economic enfranchisement. Through rich and captivating accounts, Deborah James reveals the varied ways in which middle- and working-class South Africans' access to credit is intimately bound up with identity, status-making, and aspirations of upward mobility. She draws out the deeply precarious nature of both the aspirations and the economic relations of debt which sustain her subjects, revealing the shadowy side of indebtedness and its potential to produce new forms of oppression and disenfranchisement in place of older ones. Money from Nothing uniquely captures the lived experience of indebtedness for those many millions who attempt to improve their positions (or merely sustain existing livelihoods) in emerging economies.
Book Synopsis Ethnographies of Deservingness by : Jelena Tošić
Download or read book Ethnographies of Deservingness written by Jelena Tošić and published by Berghahn Books. This book was released on 2022-08-12 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Claims around 'who deserves what and why' moralise inequality in the current global context of unprecedented wealth and its ever more selective distribution. Ethnographies of Deservingness explores this seeming paradox and the role of moralized assessments of distribution by reconnecting disparate discussions in the anthropology of migration, economic anthropology and political anthropology. This edited collection provides a novel and systematic conceptualization of Deservingness and shows how it can serve as a prime and integrative conceptual prism to ethnographically explore transforming welfare states, regimes of migration, as well as capitalist social reproduction and relations at large.
Book Synopsis Class and Inequality in the Time of Finance by : Niamh Mulcahy
Download or read book Class and Inequality in the Time of Finance written by Niamh Mulcahy and published by Routledge. This book was released on 2021-09-09 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the effects of the gradual liberalisation of capital markets and the expansion of consumer credit on poorer households in the United Kingdom, with particular attention to the precariousness caused by a lack of savings and a reliance on debt. Asking what it means for poorer working individuals and households to be subject to the demands of finance, the author draws on Michel Foucault’s theory of subjectivation as well as Louis Althusser’s interest in class, actively theorising the constraints of low income or precarious work on financial planning, alongside the reorganisation or rollback of government benefits. A contribution to our understanding of the ways in which financial concerns deepen and expand economic inequality, Class and Inequality in the Time of Finance shows how finance stratifies individual subjects rather than simply individualising and separating them. As such, it will appeal to scholars of sociology with interests in neoliberalism, economic austerity, and consumer credit and debt.
Book Synopsis Why we can't afford the rich by : Sayer, Andrew
Download or read book Why we can't afford the rich written by Sayer, Andrew and published by Policy Press. This book was released on 2014-11-25 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: As inequalities widen and the effects of austerity deepen, in many countries the wealth of the rich has soared. Why we can’t afford the rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others, through the control of property and money. Leading social scientist Andrew Sayer shows how over the last three decades the rich worldwide have increased their ability to hide their wealth, create indebtedness and expand their political influence. Written accessibly for a wide readership, this important book uses simple distinctions to burst the myth of the rich as specially talented wealth creators. Furthermore, as the risk of runaway climate change grows, it shows how the rich are threatening the planet by banking on unsustainable growth. The author forcefully argues that the crises of economy and climate can only be resolved by radical change to make economies sustainable, fair and conducive to well-being for all.
Book Synopsis Money and Credit by : Bruce G. Carruthers
Download or read book Money and Credit written by Bruce G. Carruthers and published by John Wiley & Sons. This book was released on 2013-05-03 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a fresh and uniquely sociological perspective on money and credit. As basic economic institutions, money and credit are easy to overlook when they work well. When they malfunction, as they did in the new millennium’s global financial crisis, their importance becomes obvious and demands further investigation. Bruce Carruthers and Laura Ariovich examine the social dimensions of money and credit at both the individual and corporate levels, from the development of personal credit and a consumer society, to the role of government in the creation of money. In clear prose, they illustrate how the overall future of the economy is governed by the financial system and the flow of capital into, and out of, firms operating in particular industrial sectors, as well as the social meanings money itself acquires and the ways people distinguish between “dirty” and “clean” money. This accessible and engaging book will be essential reading for upper-level students of economic sociology, and those interested in how the bills, coins and plastic in our pockets shape the world we live in.
Book Synopsis Inequality, Leverage and Crises by : Mr.Michael Kumhof
Download or read book Inequality, Leverage and Crises written by Mr.Michael Kumhof and published by International Monetary Fund. This book was released on 2010-11-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial and real crisis. The paper presents a theoretical model where these features arise endogenously as a result of a shift in bargaining powers over incomes. A financial crisis can reduce leverage if it is very large and not accompanied by a real contraction. But restoration of the lower income group's bargaining power is more effective.
Book Synopsis Debt as Power by : Richard H. Robbins
Download or read book Debt as Power written by Richard H. Robbins and published by Manchester University Press. This book was released on 2016-01-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors. The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon.
Book Synopsis The Sociology of Debt by : Featherstone, Mark
Download or read book The Sociology of Debt written by Featherstone, Mark and published by Policy Press. This book was released on 2020-12-16 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of the last ten years the issue of debt has become a serious problem that threatens to destroy the global socio-economic system and ruin the everyday lives of millions of people. This collection brings together a range of perspectives of key thinkers on debt to provide a sociological analysis focused upon the social, political, economic, and cultural meanings of indebtedness. The contributors to the book consider both the lived experience of debt and the more abstract processes of financialisation taking place globally. Showing how debt functions on the level of both macro- and microeconomics, the book also provides a more holistic perspective, with accounts that span sociological, cultural, and economic forms of analysis.
Book Synopsis Land and the Mortgage by : Daivi Rodima-Taylor
Download or read book Land and the Mortgage written by Daivi Rodima-Taylor and published by Berghahn Books. This book was released on 2022-02-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mortgaging of land is not just economic and legal but also social and cultural. Here, anthropologists, historians, and economists explore origins, variations, and meanings of the land mortgage, and the risks to homes and livelihoods. Combining findings from archives, printed records, and live ethnography, the book describes the changing and problematic assumptions surrounding mortgage. It shows how mortgages affect people on the ground, where local forms of mutuality mix with larger bureaucracies. The outcomes of mortgage in Africa, Europe, Asia, and America challenge economic development orthodoxies, calling for a human-centered exploration of this age-old institution.
