Read Creditocracy and the Case for Debt Refusal

Creditocracy and the Case for Debt Refusal

Andrew Ross

4.9/5 (34044 ratings)

Description:Creditocracy (n.)1. governance or the holding of power in the interests of a creditor class2. a society where access to vital needs is financed through debtIt seems like pretty much everybody – homeowners, students, those who are ill and without health insurance, and, of course, credit card holders – is up to their neck in debt that can never be repaid. 77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel.In this forceful, eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy – where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. The implications of mass indebtedness for any democracy are profound, and history shows that whenever a creditor class becomes as powerful as Wall Street, the result has been debt bondage for the bulk of the population.Following in the ancient tradition of the jubilee, activists have had some success in repudiating the debts of developing countries. The time is ripe, Ross argues, for a debtors’ movement to use the same kinds of moral and legal arguments to bring relief to household debtors in the North. After examining the varieties of lending that have contributed to the crisis, Ross suggests ways of lifting the burden of illegitimate debts from our backs. Just as important, Creditocracy outlines the kind of alternative economy we need to replace a predatory debt-money system that only benefits the 1%.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Creditocracy and the Case for Debt Refusal. To get started finding Creditocracy and the Case for Debt Refusal, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 282

Format: PDF, EPUB & Kindle Edition

Publisher: OR Books

Release: 2014

ISBN: 1939293383

Description: Creditocracy (n.)1. governance or the holding of power in the interests of a creditor class2. a society where access to vital needs is financed through debtIt seems like pretty much everybody – homeowners, students, those who are ill and without health insurance, and, of course, credit card holders – is up to their neck in debt that can never be repaid. 77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel.In this forceful, eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy – where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. The implications of mass indebtedness for any democracy are profound, and history shows that whenever a creditor class becomes as powerful as Wall Street, the result has been debt bondage for the bulk of the population.Following in the ancient tradition of the jubilee, activists have had some success in repudiating the debts of developing countries. The time is ripe, Ross argues, for a debtors’ movement to use the same kinds of moral and legal arguments to bring relief to household debtors in the North. After examining the varieties of lending that have contributed to the crisis, Ross suggests ways of lifting the burden of illegitimate debts from our backs. Just as important, Creditocracy outlines the kind of alternative economy we need to replace a predatory debt-money system that only benefits the 1%.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Creditocracy and the Case for Debt Refusal. To get started finding Creditocracy and the Case for Debt Refusal, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Creditocracy and the Case for Debt Refusal

Creditocracy and the Case for Debt Refusal

More Books

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves

1929: Inside the Greatest Crash in History--and How It Shattered a Nation

1929: Inside the Greatest Crash in History--and How It Shattered a Nation

Sunbelt Blues: The Failure of American Housing

Sunbelt Blues: The Failure of American Housing

Bird on Fire: Lessons from the World's Least Sustainable City

Bird on Fire: Lessons from the World's Least Sustainable City

Stone Men: The Palestinians Who Built Israel

Stone Men: The Palestinians Who Built Israel

Summary & Study Guide Too Big to Fail by Andrew Ross Sorkin

Summary & Study Guide Too Big to Fail by Andrew Ross Sorkin

Jacksonland: President Andrew Jackson, Cherokee Chief John Ross, and a Great American Land Grab

Jacksonland: President Andrew Jackson, Cherokee Chief John Ross, and a Great American Land Grab

Ketogenic Cookbook for Weight Loss: 25 Quick and Easy Ketogenic Diet Recipes for Rapid Weight Loss, Healthy Living and Mental Focus (Ketogenic & Low Carb Diet Guide)

Ketogenic Cookbook for Weight Loss: 25 Quick and Easy Ketogenic Diet Recipes for Rapid Weight Loss, Healthy Living and Mental Focus (Ketogenic & Low Carb Diet Guide)

The Celebration Chronicles: Life, Liberty, and the Pursuit of Property Value in Disney's New Town

The Celebration Chronicles: Life, Liberty, and the Pursuit of Property Value in Disney's New Town