Can I read How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy Exclusion, Exploitation, and the Threat to Democracy on EtoBox?

How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy Exclusion, Exploitation, and the Threat to Democracy by Baradaran, Mehrsa is a history book available to read on EtoBox.

What is How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy Exclusion, Exploitation, and the Threat to Democracy about?

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. 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 le

Who reads How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy Exclusion, Exploitation, and the Threat to Democracy?

Author

Baradaran, Mehrsa

Publisher

Harvard University, Department of Sanskrit & Indian Studies

Published

2015

Language

EN

ISBN

9782119312229

Category

history

Subjects

Political Science, Economics, Fiction

Rating

3.99 / 5 (118 ratings)

Updated

2026-03-14