The Bonds of Inequality

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  • The Bonds of Inequality Book Detail

  • Author : Destin Jenkins
  • Release Date : 2021-04-29
  • Publisher : University of Chicago Press
  • Genre : History
  • Pages : 318
  • ISBN 13 : 022672168X
  • File Size : 75,75 MB

The Bonds of Inequality by Destin Jenkins PDF Summary

Book Description: Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.

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The Bonds of Inequality

The Bonds of Inequality

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Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or ho

The Bonds of Inequality

The Bonds of Inequality

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"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral p

The Bonds of Inequality

The Bonds of Inequality

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"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral p

Enduring Bonds

Enduring Bonds

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In Enduring Bonds, Philip N. Cohen, renowned sociologist and blogger of the wildly popular and insightful Family Inequality, examines the complex landscape of t

Public Debt, Inequality, and Power

Public Debt, Inequality, and Power

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Introduction : public debt, inequality and power -- The spectacle of a highly centralized public debt -- The bondholding class resurgent -- Fiscal conflict : pa