{"product_id":"9780674983960-how-the-other-half-banks","title":"How the Other Half Banks","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eExclusion, Exploitation, and the Threat to Democracy\u003cbr\u003eThe United States has two separate banking systems one serving the well-to-do and another exploiting everyone else. Deserted by banks and lacking credit, many people are forced to wander through a Wild West of payday lenders and check-cashing services thanks to the effects of deregulation in the 1970s that continue today, Mehrsa Baradaran shows.\u003cbr\u003e\u003cp\u003eThe United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. \u003ci\u003eHow the Other Half Banks\u003c\/i\u003e contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later.\u003cbr\u003e\u003cbr\u003e“Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal…\u003ci\u003eHow the Other Half Banks\u003c\/i\u003e is well researched and clearly written…The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.”\u003cbr\u003e—Nancy Folbre, \u003ci\u003eNew York Times Book Review\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e“\u003ci\u003eHow the Other Half Banks\u003c\/i\u003e tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.”\u003cbr\u003e—Lisa J. Servon, \u003ci\u003eAmerican Prospect\u003c\/i\u003e\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":40943519105121,"sku":"9780674983960","price":17.93,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_28472103.jpg?v=1722622028","url":"https:\/\/www.rarewaves.com\/products\/9780674983960-how-the-other-half-banks","provider":"Rarewaves.com","version":"1.0","type":"link"}