Shortchanged

Life and Debt in the Fringe Economy

By Howard Karger
(Berrett-Koehler Publishers, Hardcover, 9781576753361, 252pp.)

Publication Date: September 2005

Other Editions of This Title: Paperback

Shop Local
Enter your zip code below to find indies closest to you.

Go


Description

"Shortchanged" takes an uncompromising look at the corporate vultures that prey on America's working class. Made up of pawnshops, payday lenders, check cashers, credit card companies and the like, the fringe economy entices vulnerable consumers into an economic netherworld of high interest rates and ever-increasing debt. The book examines the factors behind the fringe economy's rise -- stagnant wages, rising numbers of working poor, and the 12 million U.S. households without bank accounts -- and investigates the sleazy practices -- instant credit, cash-for-your-title loans, predatory mortgage lending, E-Z home equity loans -- that result in phenomenal growth for the industry and a nightmare for the consumer. Powerful analysis is combined with moving personal stories of the mothers, fathers, and families whose lives have been put on the line for the perpetuation of this economy. Ruthless, compelling, outrageous, and often enraging, "Shortchanged" puts the spotlight on the shady side of America's economic underbelly.

Indie Bookstore Finder

Indie Bestsellers

Lucky Us
Amy Bloom
Random House
Good Poems, American Places
Garrison Keillor
Penguin Books
The Paleo Kitchen
Juli Bauer; George Bryant
Victory Belt Publishing
The Great Glass Sea
Josh Weil
Grove Press

Make Your Own Wishlist








Update Profile