Kids Library Home

Welcome to the PrairieCat Kids' Library!

Search for books, movies, music, magazines, and more.

Available items only
Author Jenkins, Destin, author.

Title The bonds of inequality : debt and the making of the American city / Destin Jenkins.

Publication Info. Chicago ; London : The University of Chicago Press, 2021.


Location Pub Note Copy No. Status
 Highland CC Stacks - HCCY-13  HJ 9205.S3 J36 2021    AVAILABLE
Description viii, 307 pages : illustrations, maps ; 24 cm
text txt rdacontent
unmediated n rdamedia
volume nc rdacarrier
Bibliography Includes bibliographical references and index.
Contents Introduction -- Rule of experts. Management ; Fraternity ; Playground -- The paradox of debt. Shelter ; Crunch ; Revolt ; Failure -- Supremacy. Eclipse ; Pinched -- Epilogue.
Summary "Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"-- Provided by publisher.
"Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities' dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. Destin Jenkins shows how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism."-- Provided by publisher.
Subject Municipal bonds -- California -- San Francisco -- History -- 20th century.
Finance, Public -- California -- San Francisco -- History -- 20th century.
Debts, Public -- California -- San Francisco -- History -- 20th century.
Municipal government -- California -- San Francisco -- Finance -- History -- 20th century.
Equality -- Economic aspects -- California -- San Francisco.
Racism -- Economic aspects -- California -- San Francisco.
Debts, Public. (OCoLC)fst00888850
Equality -- Economic aspects. (OCoLC)fst00914460
Finance, Public. (OCoLC)fst00924477
Municipal bonds. (OCoLC)fst01029183
Municipal government -- Finance. (OCoLC)fst01029326
San Francisco (Calif.) -- History -- 20th century.
California -- San Francisco. (OCoLC)fst01204481
Genre/Form History. (OCoLC)fst01411628
Added Title Debt and the making of the American city
Other Form: ebook version : 9780226721682
ISBN 9780226721545 hardcover
022672154X hardcover

Available items only