Becoming Adult: How Teenagers Prepare for the World of Work

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Basic Books, 2000 - Family & Relationships - 289 pages
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This volume is an examination of how the credit card industry has changed the way Americans buy, loan, and live. It is part history and part expose of the damaging social and political consequences of America's increasing reliance on credit cards. Using original research and consumer interviews, Manning analyzes the growth of the credit card industry and its related businesses by looking at the story of its consumers - the people who use credit for convenience and those who rely on it for financial stability. In addition to providing a consumer history of credit card usage, Robert Manning analyzes the larger societal attitudes toward debt. The history of the credit card industry's expansion is one of the creation of a new class of consumers who utilize credit and its steep interest and penalty rates for economic survival. Manning discusses the societal toll that the credit card nation is placing on the young, the elderly, and all those in search of the good life marketed by the credit card and banking industries.

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About the author (2000)

Mihaly Csikszentmihalyi is professor of psychology and education at the University of Chicago. He is the author of a number of books, including the bestselling Flow, The Evolving Self, Creativity, and Being Adolescent. Barbara Schneider is co-director of the Alfred P. Sloan Center on Parents, Children, and Work, and is professor of sociology at the University of Chicago. She has co-authored a number of books including The Ambitious Generation and Transforming Schools.

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