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Credit and Debt in an Unequal Society : Establishing a Consumer Credit Market in South Africa / Jürgen Schraten.

By: Material type: TextTextSeries: The Human Economy ; 7Publisher: New York ; Oxford : Berghahn Books, [2020]Copyright date: ©2020Description: 1 online resource (212 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9781789206388
  • 9781789206395
Subject(s): Other classification:
  • online - DeGruyter
Online resources:
Contents:
Frontmatter -- Contents -- Illustrations -- Acknowledgements -- Notes on the Text -- Abbreviations -- Introduction -- CHAPTER 1 Borrowing in the South African Consumer Credit Market -- CHAPTER 2 Raising the Storm of a Free Consumer Credit Market -- CHAPTER 3 The Institutional Framework: Implementing a Consumer Credit Market -- CHAPTER 4 Legislators’ Reactions to the Consumer Credit Market Crisis -- CHAPTER 5 The Model of Rational Action in the South African Consumer Credit Market -- Conclusion: The Missed Options of the South African Consumer Credit Market -- References -- Index
Summary: South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than alleviates the extreme social inequality within a country. This book investigates the political reasons for adopting an allegedly self-regulating market despite its disastrous effects and identifies the colonialist ideas of property rights as a mainstay of the existing social order. The book addresses sociologists, political scientists, anthropologists and legal scholars interested in the interaction of economy and law in contemporary market societies.

Frontmatter -- Contents -- Illustrations -- Acknowledgements -- Notes on the Text -- Abbreviations -- Introduction -- CHAPTER 1 Borrowing in the South African Consumer Credit Market -- CHAPTER 2 Raising the Storm of a Free Consumer Credit Market -- CHAPTER 3 The Institutional Framework: Implementing a Consumer Credit Market -- CHAPTER 4 Legislators’ Reactions to the Consumer Credit Market Crisis -- CHAPTER 5 The Model of Rational Action in the South African Consumer Credit Market -- Conclusion: The Missed Options of the South African Consumer Credit Market -- References -- Index

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South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than alleviates the extreme social inequality within a country. This book investigates the political reasons for adopting an allegedly self-regulating market despite its disastrous effects and identifies the colonialist ideas of property rights as a mainstay of the existing social order. The book addresses sociologists, political scientists, anthropologists and legal scholars interested in the interaction of economy and law in contemporary market societies.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 25. Jun 2024)