City of Debtors

City of Debtors
Author :
Publisher : Harvard University Press
Total Pages : 198
Release :
ISBN-10 : 9780674982055
ISBN-13 : 0674982053
Rating : 4/5 (55 Downloads)

Book Synopsis City of Debtors by : Anne Fleming

Download or read book City of Debtors written by Anne Fleming and published by Harvard University Press. This book was released on 2018-01-08 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the rise of the small-sum lending industry in the 1890s, people on the lowest rungs of the economic ladder in the United States have been asked to pay the greatest price for credit. Again and again, Americans have asked why the most fragile borrowers face the highest costs for access to the smallest loans. To protect low-wage workers in need of credit, reformers have repeatedly turned to law, only to face the vexing question of where to draw the line between necessary protection and overreaching paternalism. City of Debtors shows how each generation of Americans has tackled the problem of fringe finance, using law to redefine the meaning of justice within capitalism for those on the economic margins. Anne Fleming tells the story of the small-sum lending industry’s growth and regulation from the ground up, following the people who navigated the market for small loans and those who shaped its development at the state and local level. Fleming’s focus on the city and state of New York, which served as incubators for numerous lending reforms that later spread throughout the nation, differentiates her approach from work that has centered on federal regulation. It also reveals the overlooked challenges of governing a modern financial industry within a federalist framework. Fleming’s detailed work contributes to the broader and ongoing debate about the meaning of justice within capitalistic societies, by exploring the fault line in the landscape of capitalism where poverty, the welfare state, and consumer credit converge.


City of Debtors Related Books

City of Debtors
Language: en
Pages: 198
Authors: Anne Fleming
Categories: History
Type: BOOK - Published: 2018-01-08 - Publisher: Harvard University Press

DOWNLOAD EBOOK

Since the rise of the small-sum lending industry in the 1890s, people on the lowest rungs of the economic ladder in the United States have been asked to pay the
Fringe Finance
Language: en
Pages: 0
Authors: Rob Aitken
Categories: Finance
Type: BOOK - Published: 2020-06-30 - Publisher: Routledge

DOWNLOAD EBOOK

This book places the practices of fringe finance in critical context by situating them within a larger set of discussions in the field. This work will be of gre
Debt Resisters’ Operations Manual
Language: en
Pages: 231
Authors: Strike Debt
Categories: Political Science
Type: BOOK - Published: 2014-05-01 - Publisher: PM Press

DOWNLOAD EBOOK

Over the last thirty years, as wages have stagnated across the country, average household debt has more than doubled. Increasingly, we are forced to take on deb
Integrated Postsecondary Education Data System, Finance Survey, FY 1997, Form IPEDS-F-1, (September 1, 1997)
Language: en
Pages: 38
Behavioral Risk Management
Language: en
Pages: 529
Authors: Hersh Shefrin
Categories: Business & Economics
Type: BOOK - Published: 2016-04-29 - Publisher: Springer

DOWNLOAD EBOOK

The psychological dimension of managing risk is of crucial importance, and its study has led to the identification of specific do's and don'ts. Those with an un