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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.…mehr
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.
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Autorenporträt
Jürgen Schraten is a sociologist at the University of Giessen. Currently he acts as principal investigator of a research project comparing the role of contracts and property in the financialized economies of South Africa, the United States and Germany. His recent publications include 'Habits of Austerity, Financialization and New Ways of Dealing with Money', in Keith Hart (ed.), Economy For and Against Democracy, (Berghahn, 2015).
Inhaltsangabe
List of Illustrations Acknowledgements Notes on Transliteration List of 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. Legislator's Reactions to the Consumer Credit Market Crisis 2012-2014 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
List of Illustrations Acknowledgements Notes on Transliteration List of 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. Legislator's Reactions to the Consumer Credit Market Crisis 2012-2014 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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