Financial crisis in American households
Subtitle: the basic expenses that bankrupt the middle class
By: Joseph Nathan Cohen
Publisher: Praeger; Praeger, an imprint of ABC-CLIO, LLC
Published: 2017
Language: eng
Number of pages: 211
ISBN-13: 9781440832215
Subjects: Households; Global Financial Crisis, 2008-2009; Cost and standard of living; Middle class
Description: "Cohen examines the long-term deterioration in U.S. household finances, characterizes the household financial problems as structural problems in the U.S. capitalist system, and identifies the high cost of healthcare and education as a primary strain on and risk to financial security. The closing chapters compare U.S. policies and household finances with those of other developed countries, and address the fact the Americans' deep faith in neoliberalism keeps U.S. society from adapting solutions that have succeeded in other countries."--Provided by publisher.
Notes: Includes bibliographical references (pages 181-203) and index.
Table of contents: title: Household financial crisis in the United States; title: A snapshot of U.S. household finances; title: Financial insecurity; title: The big picture; title: Runaway spending; title: Necessary "necessities"?; title: A look abroad; title: The choice.