New Dawn

The Poor Pay More

11.13.2019 - By Michael DawsonPlay

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Patricia Posey is Provost’s Postdoctoral Fellow at the University of Chicago and the Political Science Department’s junior faculty member for the Race and Capitalism Project. She specializes in race and American political economy. In this episode, Posey joins Michael Dawson to talk about payday loans and financial capitalism.

Related Readings:

Fringe Banking: Check-Cashing Outlets, Pawnshops, and the Poor

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Shortchanged: Life and Debt in the Fringe Economy

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The Unbanking of America: How the New Middle Class Survives

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Broke, USA: From Pawn Shops to Poverty, Inc. - How the Working Poor Became Big Business

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How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy

Book by Mehrsa Baradaran

Predatory Inclusion and Education Debt: Rethinking the Racial Wealth Gap

Written by Louise Seamster and Raphaël Charron-Chénier

Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership

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