Political Development of American Debt Relief

Inbunden, Engelska, 2024

AvEmily Zackin,Chloe N. Thurston

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A political history of the rise and fall of American debt relief.Americans have a long history with debt. They also have a long history of mobilizing for debt relief. Throughout the nineteenth century, indebted citizens demanded government protection from their financial burdens, challenging readings of the Constitution that exalted property rights at the expense of the vulnerable. Their appeals shaped the country’s periodic experiments with state debt relief and federal bankruptcy law, constituting a pre-industrial safety net. Yet, the twentieth century saw the erosion of debtor politics and the eventual retrenchment of bankruptcy protections. The Political Development of American Debt Relief traces how geographic, sectoral, and racial politics shaped debtor activism over time, enhancing our understanding of state-building, constitutionalism, and social policy.

Produktinformation

Utgivningsdatum2024-06-21
Mått152 x 229 x 22 mm
Vikt454 g
FormatInbunden
SpråkEngelska
Antal sidor248
FörlagThe University of Chicago Press
ISBN9780226832357

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List of Tables and FiguresPreface: The Mortgage Mill Grinds OnIntroduction: Bankruptcy Is Not a Crime1. Debt Relief and the States in Times of Crisis2. Federal Bankruptcy Law: From Punishment to Protection3. Reconstruction and the Meaning of Freedom4. Bankruptcy Law as American Statebuilding: The Act of 18985. A Tale of Two Bankruptcies: Protective and Punitive Bankruptcy Law in the New Deal6. The Missing Movement: Consumer Debtors and Their Advocates in the Twentieth Century7. Creditor Coordination and the Erosion of Debt ReliefConclusion: Debtor Politics in the Twenty-First CenturyAcknowledgmentsNotesBibliographyIndex

"As impressive as this surge of populist fervor was, it represented only one chapter in a much longer conflict between debtors and creditors in the United States—a conflict that is foundational to American politics and yet, for some reason, is mostly forgotten. The Political Development of American Debt Relief seeks to recover this history. . . .The Political Development of American Debt Relief offers important history lessons and even some strategic insights for those of us who are determined to change this situation."