Bankruptcy : the case for relief in an economy of debt

著者

    • Spooner, Joseph Tobias

書誌事項

Bankruptcy : the case for relief in an economy of debt

Joseph Spooner

(International corporate law and financial market regulation)

Cambridge University Press, 2022, c2019

  • pbk.

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注記

First published: 2019, pbk. ed.: 2022

Includes bibliographical references and index

内容説明・目次

内容説明

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.

目次

  • 1. Introduction
  • 2. Financialised capitalism and the centrality of household debt
  • 3. Consumer bankruptcy theory and the case for debt relief
  • 4. A consumer bankruptcy marketplace
  • 5. The limits of contractual consumer bankruptcy
  • 6. The austere creditor: austerity, bankruptcy policy and government debt collection
  • 7. Moral hazard and bankruptcy abuse prevention
  • 8. Conclusion
  • Index.

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