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Books > Social sciences > Sociology, social studies > Social welfare & social services > Welfare & benefit systems
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Indebted Societies - Credit and Welfare in Rich Democracies (Hardcover)
Loot Price: R2,917
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Indebted Societies - Credit and Welfare in Rich Democracies (Hardcover)
Series: Cambridge Studies in Comparative Politics
Expected to ship within 12 - 17 working days
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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.
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