Land of the Fee: Hidden Costs and the Decline of the American Middle Class
| Author | : | |
| Rating | : | 4.22 (859 Votes) |
| Asin | : | 0199970165 |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2018-02-23 |
| Language | : | English |
DESCRIPTION:
About the AuthorDevin Fergus is a Senior Fellow at Demos and Associate Professor at The Ohio State University. Author of Liberalism, Black Power, and the Making of American Politics (a CHOICE Outstanding Title for 2010), he has written widely on politics, policy, and inequality in outlets such as The New YorkTimes, The Washington Post, The American Prospect, The Guardian, and The Atlanta Journal-Constitution.
Author of Liberalism, Black Power, and the Making of American Politics (a CHOICE Outstanding Title for 2010), he has written widely on politics, policy, and inequality in outlets such as The New YorkTimes, The Washington Post, The American Prospect, The Guardian, and The Atlanta Journal-Constitution.. Devin Fergus is a Senior Fellow at Demos and Ass
The average consumer is now subject to a dizzying array of charges in areas like mortgage contracts, banking transactions, auto insurance rates, college payments, and payday loans. By exposing this predatory and nearly invisible system of fees, Land of the Fee will reshape our understanding of wealth inequality in America.. As Devin Fergus shows in Land of the Fee, these perfectly legal fees are buried deep within the verbose agreements between vendors and consumers - agreements that few people fully read or comprehend. The end effect, Fergus argues, is a massive transfer of wealth from the many to the few: large banking corporations, airlines, corporate hotel chains, and other entities of vast wealth. Fergus traces the fee system from its origins in the deregulatory wave of the late 1970s to the present, placing the development within the larger context of escalating income inequality. He organizes the book around four of the basics of exis