Democracy declined the failed politics of consumer financial protection / Mallory E. SoRelle.
| Author/creator | SoRelle, Mallory E. |
| Format | Electronic |
| Publication Info | Chicago ; London ; The University of Chicago Press, 2020. |
| Description | x, 291 pages : illustrations ; 23 cm |
| Supplemental Content | Full text available from eBooks on EBSCOhost |
| Subjects |
| Series | Chicago studies in American politics Chicago studies in American politics. ^A786748 |
| Contents | Democracy declined : the failed politics of consumer financial protection -- Full disclosure : building the U.S. political economy of credit -- "Storming mad" but staying home : depoliticizing the American borrower -- The "horseless headmen" : consumer groups and the challenge of political mobilization -- Democratization and its discontents : demobilizing marginalized borrowers -- Race to the bottom : administrative rulemaking in the political economy of credit -- A new lease? The uncertain political future of consumer financial protection. |
| Abstract | "The American economy depends on the easy availability of consumer credit. However the danger of financial ruin from mounting debt, predatory lending, high interest rates, and exorbitant fees, is closely associated with this. Despite this threat, federal policymakers have largely failed to curb risky lending practices. Angry borrowers have focused their attention primarily on banks, lenders, and even trade associations, instead of demanding that lawmakers address predatory behavior on the part of lenders and advocacy groups have failed to mobilize borrowers in support of stronger consumer financial protections. The author argues that the politics of U.S. consumer protection, from mass political behavior to bureaucratic decision-making, can be explained by the historical evolution of consumer finance policies that were aimed at encouraging easy consumer credit in part by foregoing close regulation"-- Provided by publisher. |
| Bibliography note | Includes bibliographical references (pages 255-284) and index. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| LCCN | 2019054879 |
| ISBN | 9780226711652 (cloth) |
| ISBN | 9780226711799 (paperback) |
| ISBN | (ebook) |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |