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Wildy’s Book News

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Vol 24 No 9 Sept/Oct 2019

Book of the Month

Cover of The Anti-Suit Injunction

The Anti-Suit Injunction

Price: £195.00

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Bankruptcy: The Case for Relief in an Economy of Debt: A Critical Approach

ISBN13: 9781107166943
Published: March 2019
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £85.00

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A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt-when combined with wage stagnation and a shrinking welfare state-has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet. In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy. This book should be read by anyone interested in understanding the problem of consumer debt and how best to address it.

Insolvency Law
1. Introduction
2. Financialised capitalism and the centrality of household debt
3. Consumer bankruptcy theory and the case for debt relief
4. A consumer bankruptcy marketplace
5. The limits of contractual consumer bankruptcy
6. The austere creditor: austerity, bankruptcy policy and government debt collection
7. Moral hazard and bankruptcy abuse prevention
8. Bankruptcy as social insurance in a debt dependent economy
9. The logical and political limits of English bankruptcy law
10. Social insurance of last resort or a right not to pay one's debts?