e-branch
Login
My List - 0
Help
Home
My Account/Renew Loans
Community Info
KidSearch
New Catalogue!
Search
Advanced
By Format
By Number
My Searches
Can't Find it?
Find Magazine Articles & more
Problems?
Search:
Title Starts with...
Title Keyword(s)
Author/Performer/Name (Last,First)
Author/Performer/Name Keyword(s)
Subject Starts with...
Subject Keyword(s)
Series Starts with...
Series Keyword(s)
Anyword/Anywhere
List Name Keyword(s)
Refine Search
> You're searching:
Halifax Public Libraries
Item Information
Copy / Holding Information
Choice Review
Table of Contents
More Content
More by this author
Baradaran, Mehrsa, 1978-
Subjects
Financial services industry -- United States.
Check cashing services -- United States.
Money services businesses -- United States.
Postal savings banks -- United States.
Banks and banking -- Social aspects -- United States.
Poor -- United States -- Social conditions -- 21st century.
Browse Catalog
by author:
Baradaran, Mehrsa, 1978-
by title:
How the other half b...
by call number:
332.10973 B223h
Search the Web
Baradaran, Mehrsa, 1978-
Financial services industry -- United States.
Check cashing services -- United States.
Money services businesses -- United States.
Postal savings banks -- United States.
Banks and banking -- Social aspects -- United States.
Poor -- United States -- Social conditions -- 21st century.
MARC Display
How the other half banks : exclusion, exploitation, and the threat to democracy /
Mehrsa
Baradaran
.
by
Baradaran
,
Mehrsa
,
1978-
Harvard University Press, 2015.
Call #:
332.10973 B223h
Subjects
Financial services industry -- United States.
Check cashing services -- United States.
Money services businesses -- United States.
Postal savings banks -- United States.
Banks and banking -- Social aspects -- United States.
Poor -- United States -- Social conditions -- 21st century.
ISBN:
9780674286061 (hc.)
Description:
328 p. ; 25 cm.
Bibliography:
Includes bibliographical references (p. 227-313) and index.
Contents:
Governments and banks -- History of the social contract -- Banks with a soul -- How the other half borrows -- Unbanked and unwanted -- Changing the world without changing the rules -- Postal banking -- A public option in banking.
Summary:
The United States has two separate banking systems today -- one serving the well-to-do and another exploiting everyone else. This book contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. 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. In an age of corporate megabanks with trillions of dollars in assets, it is easy to forget that America's banking system was originally created as a public service. Banks have always relied on credit from the federal government, provided on favorable terms so that they could issue low-interest loans. But as banks grew in size and political influence, they shed their social contract with the American people, demanding to be treated as a private industry free from any public-serving responsibility. They abandoned less profitable, low-income customers in favor of wealthier clients and high-yield investments. Fringe lenders stepped in to fill the void. This two-tier banking system has become even more unequal since the 2008 financial crisis.
Baradaran
proposes a solution: reenlisting the U.S. Post Office in its historic function of providing bank services. The post office played an important but largely forgotten role in the creation of American democracy, and it could be deployed again to level the field of financial opportunity.
Mehrsa
Baradaran
is a professor at the University of Georgia School of Law.
Holds:
0
Copy/Holding information
Location
Collection
Call No.
Item type
Status
Central Library
Adult Nonfiction
332.10973 B223h
Adult books
Checked in
Add Copy to MyList
Horizon Information Portal 3.24_8902M
© 2001-2013
SirsiDynix
All rights reserved.