MARC Record from marc_columbia

LEADER: 03741cam a2200493 i 4500
001 13215924
005 20180523154901.0
008 170615t20182018mau b 001 0 eng c
010 $a 2017021520
020 $a9780674976238$qhardcover$qalkaline paper
020 $a0674976231$qhardcover$qalkaline paper
024 $a99976193705
035 $a(OCoLC)ocn992119916
035 $a(OCoLC)992119916
035 $a(NNC)13215924
040 $aMH/DLC$beng$erda$cHLS$dDLC$dOCLCO$dBDX$dOCLCF$dYDX$dYDX
042 $apcc
043 $an-us-ny
050 00 $aHG3711.U6$bF55 2018
082 00 $a332.709747/1$223
100 1 $aFleming, Anne,$d1979-$eauthor.
245 10 $aCity of debtors :$ba century of fringe finance /$cAnne Fleming.
264 1 $aCambridge, Massachusetts :$bHarvard University Press,$c2018.
264 4 $c©2018
300 $a367 pages ;$c25 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
520 $aSince the rise of the small-sum lending industry in the 1890s, people on the lowest rungs of the economic ladder in the United States have been asked to pay the greatest price for credit. Again and again, Americans have asked why the most fragile borrowers face the highest costs for access to the smallest loans. To protect low-wage workers in need of credit, reformers have repeatedly turned to law, only to face the vexing question of where to draw the line between necessary protection and overreaching paternalism. City of Debtors shows how each generation of Americans has tackled the problem of fringe finance, using law to redefine the meaning of justice within capitalism for those on the economic margins. Anne Fleming tells the story of the small-sum lending industry's growth and regulation from the ground up, following the people who navigated the market for small loans and those who shaped its development at the state and local level. Fleming's focus on the city and state of New York, which served as incubators for numerous lending reforms that later spread throughout the nation, differentiates her approach from work that has centered on federal regulation. It also reveals the overlooked challenges of governing a modern financial industry within a federalist framework. Fleming's detailed work contributes to the broader and ongoing debate about the meaning of justice within capitalistic societies, by exploring the fault line in the landscape of capitalism where poverty, the welfare state, and consumer credit converge.--$cProvided by publisher.
504 $aIncludes bibliographical references and index.
505 0 $aLending in the shadow of the law -- From loan sharks to licensed lenders -- New threats to an old deal -- Bringing sales finance under law -- The problem of the food freezer plan -- Due process in debt collection -- Financial federalism.
650 0 $aCredit control$zNew York (State)$zNew York$xHistory.
650 0 $aCredit control$xLaw and legislation$zNew York (State)$zNew York$xHistory.
650 0 $aPredatory lending$zNew York (State)$zNew York$xHistory.
650 0 $aPredatory lending$xLaw and legislation$zNew York (State)$zNew York$xHistory.
650 0 $aUsury laws$zNew York (State)$zNew York.
650 7 $aCredit control.$2fast$0(OCoLC)fst00882577
650 7 $aCredit control$xLaw and legislation.$2fast$0(OCoLC)fst00882580
650 7 $aPredatory lending.$2fast$0(OCoLC)fst01763043
650 7 $aPredatory lending$xLaw and legislation.$2fast$0(OCoLC)fst01767757
650 7 $aUsury laws.$2fast$0(OCoLC)fst01163243
651 7 $aNew York (State)$zNew York.$2fast$0(OCoLC)fst01204333
655 7 $aHistory.$2fast$0(OCoLC)fst01411628
852 00 $bglx$hHG3711.U6$iF55 2018