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  • 1
    ISBN: 9781789206395
    Language: Undetermined
    Pages: 212 p.
    Edition: 1st edition
    Series Statement: The Human Economy 7
    Abstract: South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than alleviates the extreme social inequality within a country. This book investigates the political reasons for adopting an allegedly self-regulating market despite its disastrous effects and identifies the colonialist ideas of property rights as a mainstay of the existing social order. The book addresses sociologists, political scientists, anthropologists and legal scholars interested in the interaction of economy and law in contemporary market societies.
    Description / Table of Contents: List of Illustrations -- Acknowledgements -- Notes on Transliteration -- List of Abbreviations -- Introduction -- Chapter 1. Borrowing in the South African Consumer Credit Market -- Chapter 2. Raising the Storm of a Free Consumer Credit Market -- Chapter 3. The Institutional Framework: Implementing a Consumer Credit Market -- Chapter 4. Legislator’s Reactions to the Consumer Credit Market Crisis 2012-2014 -- Chapter 5. The Model of Rational Action in the South African Consumer Credit Market -- Conclusion: The Missed Options of the South African Consumer Credit Market -- References -- Index --
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