The Bonds Of Inequality

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The Bonds of Inequality

Author : Destin Jenkins
Publisher : University of Chicago Press
Page : 318 pages
File Size : 52,9 Mb
Release : 2021-04-29
Category : History
ISBN : 9780226721682

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The Bonds of Inequality by Destin Jenkins Pdf

Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.

The Bonds of Inequality

Author : Destin Jenkins
Publisher : Unknown
Page : 320 pages
File Size : 51,8 Mb
Release : 2021-03-19
Category : Electronic
ISBN : 022672154X

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The Bonds of Inequality by Destin Jenkins Pdf

"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"--

The Bonds of Inequality

Author : Destin Jenkins
Publisher : University of Chicago Press
Page : 318 pages
File Size : 52,5 Mb
Release : 2022-05-02
Category : Business & Economics
ISBN : 9780226819983

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The Bonds of Inequality by Destin Jenkins Pdf

"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"--

Enduring Bonds

Author : Philip N. Cohen
Publisher : Univ of California Press
Page : 272 pages
File Size : 53,5 Mb
Release : 2018-02-06
Category : Social Science
ISBN : 9780520965959

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Enduring Bonds by Philip N. Cohen Pdf

In Enduring Bonds, Philip N. Cohen, renowned sociologist and blogger of the wildly popular and insightful Family Inequality, examines the complex landscape of today's diverse families. Through his interpretive lens and lively discussions, Cohen encourages us to alter our point of view on families, sharing new ideas about the future of marriage, the politics of research, and how data can either guide or mislead us. Deftly balancing personal stories and social science research, and accessibly written for students, Cohen shares essays that tie current events to demographic data. Class-tested in Cohen’s own lectures and courses, Enduring Bonds challenges students to think critically about the role of families, gender, and inequality in our society today.

Public Debt, Inequality, and Power

Author : Sandy Brian Hager
Publisher : Univ of California Press
Page : 173 pages
File Size : 50,9 Mb
Release : 2016-06-24
Category : History
ISBN : 9780520284661

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Public Debt, Inequality, and Power by Sandy Brian Hager Pdf

Introduction : public debt, inequality and power -- The spectacle of a highly centralized public debt -- The bondholding class resurgent -- Fiscal conflict : past and present -- Bonding domestic and foreign owners -- Who rules the debt state? -- Conclusion : informing democratic debate -- Appendix : accounting for the public debt

The Return of Inequality

Author : Mike Savage
Publisher : Harvard University Press
Page : 449 pages
File Size : 52,5 Mb
Release : 2021-05-18
Category : Social Science
ISBN : 9780674259645

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The Return of Inequality by Mike Savage Pdf

A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions. The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands. Mainstream economists say we need not worry; what matters is growth, not distribution. In The Return of Inequality, acclaimed sociologist Mike Savage pushes back, explaining inequality’s profound deleterious effects on the shape of societies. Savage shows how economic inequality aggravates cultural, social, and political conflicts, challenging the coherence of liberal democratic nation-states. Put simply, severe inequality returns us to the past. By fracturing social bonds and harnessing the democratic process to the strategies of a resurgent aristocracy of the wealthy, inequality revives political conditions we thought we had moved beyond: empires and dynastic elites, explosive ethnic division, and metropolitan dominance that consigns all but a few cities to irrelevance. Inequality, in short, threatens to return us to the very history we have been trying to escape since the Age of Revolution. Westerners have been slow to appreciate that inequality undermines the very foundations of liberal democracy: faith in progress and trust in the political community’s concern for all its members. Savage guides us through the ideas of leading theorists of inequality, including Marx, Bourdieu, and Piketty, revealing how inequality reimposes the burdens of the past. At once analytically rigorous and passionately argued, The Return of Inequality is a vital addition to one of our most important public debates.

The Code of Capital

Author : Katharina Pistor
Publisher : Princeton University Press
Page : 315 pages
File Size : 48,5 Mb
Release : 2020-11-03
Category : Business & Economics
ISBN : 9780691208602

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The Code of Capital by Katharina Pistor Pdf

"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.

Histories of Racial Capitalism

Author : Justin Leroy,Destin Jenkins
Publisher : Columbia University Press
Page : 482 pages
File Size : 41,5 Mb
Release : 2021-02-09
Category : Political Science
ISBN : 9780231549103

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Histories of Racial Capitalism by Justin Leroy,Destin Jenkins Pdf

The relationship between race and capitalism is one of the most enduring and controversial historical debates. The concept of racial capitalism offers a way out of this impasse. Racial capitalism is not simply a permutation, phase, or stage in the larger history of capitalism—since the beginning of the Atlantic slave trade and the colonization of the Americas, capitalism, in both material and ideological senses, has been racial, deriving social and economic value from racial classification and stratification. Although Cedric J. Robinson popularized the term, racial capitalism has remained undertheorized for nearly four decades. Histories of Racial Capitalism brings together for the first time distinguished and rising scholars to consider the utility of the concept across historical settings. These scholars offer dynamic accounts of the relationship between social relations of exploitation and the racial terms through which they were organized, justified, and contested. Deploying an eclectic array of methods, their works range from indigenous mortgage foreclosures to the legacies of Atlantic-world maroons, from imperial expansion in the continental United States and beyond to the racial politics of municipal debt in the New South, from the ethical complexities of Latinx banking to the postcolonial dilemmas of extraction in the Caribbean. Throughout, the contributors consider and challenge how some claims about the history and nature of capitalism are universalized while others remain marginalized. By theorizing and testing the concept of racial capitalism in different historical circumstances, this book shows its analytical and political power for today’s scholars and activists.

How to Kill a City

Author : PE Moskowitz
Publisher : Bold Type Books
Page : 267 pages
File Size : 49,5 Mb
Release : 2017-03-07
Category : Political Science
ISBN : 9781568585246

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How to Kill a City by PE Moskowitz Pdf

A journey to the front lines of the battle for the future of American cities, uncovering the massive, systemic forces behind gentrification -- and the lives that are altered in the process. The term gentrification has become a buzzword to describe the changes in urban neighborhoods across the country, but we don't realize just how threatening it is. It means more than the arrival of trendy shops, much-maligned hipsters, and expensive lattes. The very future of American cities as vibrant, equitable spaces hangs in the balance. P. E. Moskowitz's How to Kill a City takes readers from the kitchen tables of hurting families who can no longer afford their homes to the corporate boardrooms and political backrooms where destructive housing policies are devised. Along the way, Moskowitz uncovers the massive, systemic forces behind gentrification in New Orleans, Detroit, San Francisco, and New York. The deceptively simple question of who can and cannot afford to pay the rent goes to the heart of America's crises of race and inequality. In the fight for economic opportunity and racial justice, nothing could be more important than housing. A vigorous, hard-hitting expose, How to Kill a City reveals who holds power in our cities-and how we can get it back.

Engine of Inequality

Author : Karen Petrou
Publisher : John Wiley & Sons
Page : 291 pages
File Size : 53,5 Mb
Release : 2021-03-03
Category : Business & Economics
ISBN : 9781119726746

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Engine of Inequality by Karen Petrou Pdf

The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.

Respect in a World of Inequality

Author : Richard Sennett
Publisher : W. W. Norton & Company
Page : 308 pages
File Size : 51,7 Mb
Release : 2004-01-17
Category : Philosophy
ISBN : 0393325377

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Respect in a World of Inequality by Richard Sennett Pdf

Presents a case for a society of mutual respect, proposing welfare system improvements, and citing the consequences of disrespectful behaviors in today's competitive society.

Social and Political Bonds

Author : F.M. Barnard
Publisher : McGill-Queen's Press - MQUP
Page : 253 pages
File Size : 44,9 Mb
Release : 2010-02-21
Category : Political Science
ISBN : 9780773580756

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Social and Political Bonds by F.M. Barnard Pdf

Warning specifically against official moralistic rhetoric, the ignoring of civic demands, and hidden acts of power by anonymous governmental bureaucracies and lobbyists, F.M. Barnard uses an approach that blurs the boundaries of specialized fields of study in order to recognize the degree to which individual choice influences political force. He also shows how any attempt to achieve a balance between the state and society requires a developed political judgement and a measured view of what can be politically attained and demanded. A masterfully clear work that synthesizes centuries of political theory, Social and Political Bonds makes a powerful and well-reasoned case for the benefits of civic involvement and governmental cooperation.

The Future of China's Bond Market

Author : Mr. Alfred Schipke,Mr. Markus Rodlauer,Ms. Longmei Zhang
Publisher : International Monetary Fund
Page : 52 pages
File Size : 44,5 Mb
Release : 2019-03-13
Category : Business & Economics
ISBN : 9781513582788

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The Future of China's Bond Market by Mr. Alfred Schipke,Mr. Markus Rodlauer,Ms. Longmei Zhang Pdf

China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.

The Hidden Cost of Being African American

Author : Thomas M. Shapiro
Publisher : Unknown
Page : 268 pages
File Size : 48,9 Mb
Release : 2004
Category : History
ISBN : 019515147X

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The Hidden Cost of Being African American by Thomas M. Shapiro Pdf

Over the past three decades, racial prejudice in America has declined significantly and many African American families have seen a steady rise in employment and annual income. But alongside these encouraging signs, Thomas Shapiro argues in The Hidden Cost of Being African American, fundamental levels of racial inequality persist, particularly in the area of asset accumulation--inheritance, savings accounts, stocks, bonds, home equity, and other investments-. Shapiro reveals how the lack of these family assets along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped. Shapiro uses a combination of in-depth interviews with almost 200 families from Los Angeles, Boston, and St. Louis, and national survey data with 10,000 families to show how racial inequality is transmitted across generations. We see how those families with private wealth are able to move up from generation to generation, relocating to safer communities with better schools and passing along the accompanying advantages to their children. At the same time those without significant wealth remain trapped in communities that don't allow them to move up, no matter how hard they work. Shapiro challenges white middle class families to consider how the privileges that wealth brings not only improve their own chances but also hold back people who don't have them. This "wealthfare" is a legacy of inequality that, if unchanged, will project social injustice far into the future. Showing that over half of black families fall below the asset poverty line at the beginning of the new century, The Hidden Cost of Being African American will challenge all Americans to reconsider what must be done to end racial inequality.

Shattered Bonds

Author : Dorothy Roberts
Publisher : Civitas Books
Page : 356 pages
File Size : 54,7 Mb
Release : 2002-12-25
Category : Social Science
ISBN : 0465070590

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Shattered Bonds by Dorothy Roberts Pdf

Shattered Bonds is a stirring account of a worsening American social crisis--the disproportionate representation of black children in the U.S. foster care system and its effects on black communities and the country as a whole. Tying the origins and impact of this disparity to racial injustice, Dorothy Roberts contends that child-welfare policy reflects a political choice to address startling rates of black child poverty by punishing parents instead of tackling poverty's societal roots. Using conversations with mothers battling the Chicago child-welfare system for custody of their children, along with national data, Roberts levels a powerful indictment of racial disparities in foster care and tells a moving story of the women and children who earn our respect in their fight to keep their families intact.