Bankruptcy
The Case for Relief in an Economy of Debt
Published on 3. April 2019
310 pages
978-1-316-73132-1 (ISBN)
Description
A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt - when combined with wage stagnation and a shrinking welfare state - has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet. In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy. This book should be read by anyone interested in understanding the problem of consumer debt and how best to address it.
Reviews / Votes
'This reviewer highly recommends this book for people who want to learn more about the consumer debt-based economy and ways to make it fairer and more efficient.' R. H. Scott, Choice 'The book is essential reading for anyone who is interested in understanding the problem of consumer debt and how best to address it. It is an indispensable addition for all university libraries.' Eugenio Vaccari, Journal of International Banking Law and RegulationMore details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Publishing group
Cambridge University Press
Target group
Professional and scholarly
File size
2,70 MB
ISBN-13
978-1-316-73132-1 (9781316731321)
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Schweitzer Classification
Other editions
Additional editions
Book
04/2019
Cambridge University Press
€126.50
Shipment within 15-20 days
Person
Content
1. Introduction; 2. Financialised capitalism and the centrality of household debt; 3. Consumer bankruptcy theory and the case for debt relief; 4. A consumer bankruptcy marketplace; 5. The limits of contractual consumer bankruptcy; 6. The austere creditor: austerity, bankruptcy policy and government debt collection; 7. Moral hazard and bankruptcy abuse prevention; 8. Conclusion; Index.
