Bankruptcy
Overview
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.
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Details
- ISBN-13: 9781316617779
- ISBN-10: 1316617777
- Publisher: Cambridge University Press
- Publish Date: May 2022
- Dimensions: 9 x 6 x 0.65 inches
- Shipping Weight: 0.91 pounds
- Page Count: 308
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