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

• Superior document: Title is part of eBook package: De Gruyter Berghahn Books Complete eBook-Package 2020
• VerfasserIn: Schraten, Jürgen,
• Place / Publishing House: New York; , Oxford : : Berghahn Books, , [2020]; ©2020
• Year of Publication: 2020
• Language: English
• Series: The Human Economy ; 7
• Physical Description: 1 online resource (212 p.)
• Other title: 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
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9781789206395; 9783110997699
• DOI: 10.1515/9781789206395?locatt=mode:legacy
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Jürgen Schraten.

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.