Bibliograph

Bankruptcy, the case for relief in an economy of debt, Joseph Spooner

Type

Label

Bankruptcy, the case for relief in an economy of debt, Joseph Spooner

Language

eng

Index

index present

Literary Form

non fiction

Main title

Bankruptcy

Nature of contents

dictionaries

Responsibility statement

Joseph Spooner

Series statement

International corporate law and financial market regulation

Sub title

the case for relief in an economy of debt

Summary

A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt - when combined with wage stagnation and a shrinking welfare state - has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet. In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy. This book should be read by anyone interested in understanding the problem of consumer debt and how best to address it

Classification