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Books > History > American history
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How the Other Half Banks - Exclusion, Exploitation, and the Threat to Democracy (Paperback)
Loot Price: R565
Discovery Miles 5 650
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How the Other Half Banks - Exclusion, Exploitation, and the Threat to Democracy (Paperback)
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Loot Price R565
Discovery Miles 5 650
Expected to ship within 10 - 15 working days
|
The United States has two separate banking systems today-one
serving the well-to-do and another exploiting everyone else. How
the Other Half Banks contributes to the growing conversation on
American inequality by highlighting one of its prime causes:
unequal credit. Mehrsa Baradaran examines how a significant portion
of the population, deserted by banks, is forced to wander through a
Wild West of payday lenders and check-cashing services to cover
emergency expenses and pay for necessities-all thanks to
deregulation that began in the 1970s and continues decades later.
"Baradaran argues persuasively that the banking industry, fattened
on public subsidies (including too-big-to-fail bailouts), owes
low-income families a better deal...How the Other Half Banks is
well researched and clearly written...The bankers who fully
understand the system are heavily invested in it. Books like this
are written for the rest of us." -Nancy Folbre, New York Times Book
Review "How the Other Half Banks tells an important story, one in
which we have allowed the profit motives of banks to trump the
public interest." -Lisa J. Servon, American Prospect
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