Shortchanged: Life and Debt in the Fringe Economy

Front Cover
Berrett-Koehler Publishers, 2005 - Business & Economics - 252 pages
5 Reviews
Shortchanged exposes how America's "fringe economy"—the booming industry of check cashers, payday lenders, pawnshops, and so on—that prey on the poor and middle class.

•The first book to chronicle how the fringe economy ruthlessly and systematically exploits the poor and middle classes

•The number of people affected by the fringe economy is enormous—it’s not just poor immigrants, but working and middle class families who are affected

•Author provides both the hard facts and personal stories—has scores of shocking real-life examples

Shortchangedtakes a hard look at the corporate vultures that prey on America’s poor and middle classes. This “fringe economy —made up of pawnshops, payday lenders, check cashers, credit card companies and the like—entices vulnerable consumers into an economic netherworld of high interest rates and ever-increasing debt.

Powerful analysis is combined with moving personal stories of the mothers, fathers, and families whose lives have been put on the line for the perpetuation of this economy. Ruthless, compelling, outrageous, and often enraging,Shortchangedputs the spotlight on the shady side of America’s economic underbelly.

  

What people are saying - Write a review

User ratings

5 stars
2
4 stars
2
3 stars
1
2 stars
0
1 star
0

Review: Shortchanged: Life and Debt in the Fringe Economy

User Review  - Mackenzie - Goodreads

Eye opening! Read full review

Review: Shortchanged: Life and Debt in the Fringe Economy

User Review  - Mike Jewitt - Goodreads

This book is really interesting to read in the post 2008 world. It gets a lot of things that came to pass over the past 5 years dead on. If there is an updated edition I'll probably read that to see ... Read full review

Contents

THE FRINGE SECTORS
39
LOOKING FORWARD
195
Glossary
215
Notes
218
Index
237
About the Author
249
Copyright

Common terms and phrases

About the author (2005)

Howard Karger is Professor of Social Policy at the University of Houston. In 2001 he helped found policyAmerica, a nonprofit organisation dedicated to disseminating innovations in social policy. In addition to five editions of his best-selling American Social Welfare Policy, Howard has authored or coauthored other titles including: Controversial Issues in Social Policy and Social Work and Community in a Private World

Bibliographic information