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portada Money From Nothing: Indebtedness and Aspiration in South Africa
Type
Physical Book
Publisher
Author
Year
2014
Language
English
Pages
304
Format
Hardcover
ISBN13
9780804791113
Edition No.
1
Categories

Money From Nothing: Indebtedness and Aspiration in South Africa

Deborah James (Author) · Stanford University Press · Hardcover

Money From Nothing: Indebtedness and Aspiration in South Africa - Deborah James

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Synopsis "Money From Nothing: Indebtedness and Aspiration in South Africa "

Money from Nothing explores the dynamics surrounding South Africa's national project of financial inclusion―dubbed "banking the unbanked"―which aimed to extend credit to black South Africans as a critical aspect of broad-based economic enfranchisement. Through rich and captivating accounts, Deborah James reveals the varied ways in which middle- and working-class South Africans' access to credit is intimately bound up with identity, status-making, and aspirations of upward mobility. She draws out the deeply precarious nature of both the aspirations and the economic relations of debt which sustain her subjects, revealing the shadowy side of indebtedness and its potential to produce new forms of oppression and disenfranchisement in place of older ones. Money from Nothing uniquely captures the lived experience of indebtedness for those many millions who attempt to improve their positions (or merely sustain existing livelihoods) in emerging economies.

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