Dignity Not Debt

Download or read book Dignity Not Debt written by Chrystin Ondersma and published by Univ of California Press. This book was released on 2024-04-09 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Dignity Not Debt reimagines the American household debt landscape. Contrary to the myth that households can avoid debt troubles by taking on "good debt" and avoiding "bad debt," many Americans have no choice but to take on debt just to survive. And when they turn to debt for opportunities, these promised opportunities often never materialize. Chrystin Ondersma describes the brutal reality of Americans' experience with debt and dismantles the stubborn myths-including the myth of the free market-that continue to stand in the way of just and sensible economic policy. She offers a new taxonomy of household debt and a new vision for household debt policymaking-one rooted in the principle of human dignity rather than in myths. She gives American families the truth about household debt and policymakers exciting new strategies toward true prosperity and equality for American families"--