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Merchants of Misery How Corporate America Profits from Poverty

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ISBN-10: 1567510825

ISBN-13: 9781567510829

Edition: N/A

Authors: Michael Hudson, Maxine Waters

List price: $17.95
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Description:

Hidden in today's rhetoric about personal responsibility is an ugly reality. Michael Hudson shows how predatory companies keep people poor by offering them Faustian bargains in desperate situations.
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Book details

List price: $17.95
Publisher: Common Courage Press
Publication date: 7/1/2002
Binding: Paperback
Pages: 232
Size: 4.75" wide x 8.00" long x 0.50" tall
Weight: 0.440
Language: English

Preface
Introduction: The Poverty Industry
The Geography of Discrimination: Banking, Race and Redlining
The New Redlining
Small Loans, Big Profits: The Finance Company Business
Shark Bait
"Signing Their Lives Away"
The Shadow Banks: Pawnshops and Check Cashers
Fringe Banks
Prince of Pawns
Mortgaging Your Future: Home-Loan Rip-Offs
Loan Scams
Company's Success Fires Up Wall Street
Shattered Dreams: New Homes, Unhappy Homeowners
A Firm Blessing
Give 'em Hector
Driven to Debt: High-Priced Car Loans and Insurance
Last Ditch Loans
Mercury Finance: Steep Incline
Country Justice
No Place Like Home: The Business of Slum Lords
Making Millions Out of Misery
Life on the Edge
A Few Bucks a Week: The Rent-to-Own Industry
Rent-to-Own: The Slick Cousin of Paying on Time
Peddling Dreams
Schools for Scandal: Trade-School Scams
Perfect Job For You
The Politics of Rich and Poor: The Struggle Over Corporate Profits and Consumer Rip-Offs
Little Relief for Consumers
Reforming High Finance
Conclusion: Seeking Alternatives
App. A. How to Investigate Businesses that Profit From the Poor
App. B. Resources
App. C. Bibliography
About the Contributors
Acknowledgments
Index