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Money from Nothing : Indebtedness and Aspiration in South Africa

Author :  Deborah James

Product Details

Country
South Africa
Publisher
WITS University Press, South Africa
ISBN 9780804792677
Format HardBound
Language English
Year of Publication 2014
Bib. Info 296p.;
Shipping Charges(USD)

Product Description

"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.

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