The language of credit and debt is almost ubiquitous in daily life.
In advanced modern societies, financial institutions and other
organizations have become increasingly active in lending money to
consumers, and consumers apparently more than willing to take
advantage. This groundbreaking new book offers an analysis of this
important phenomenon, arguing that we have entered an era in which
credit and debt are sanctioned, delivered and collected through new
cultural and economic mechanisms.
Written in an accessible and straightforward style, the book
takes a multi-disciplinary approach, examining consumer credit and
debt in both societal and economic contexts. It explores key topics
such as:
- the historical context of credit and debt
- current theories of a consumer-centred society
- the credit industry
- attempts at government regulation.
Credit and Consumer Society establishes the wider analysis of
consumer credit and debt as a discipline in its own right. It is
important reading for students and researchers in business and
management, finance, public policy and sociology, as well as for
policy makers and consumer groups working directly in this
field.
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