Money from Nothing
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Wits University Press and WiSER have the pleasure of inviting you to the launch of a new book |
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MONEY FROM NOTHING: Indebtedness and Aspiration in South Africa By Deborah James Deborah James explores in this book how ordinary people experienced South Africa’s version of the credit crunch. Whilst on the one hand financial inclusion through the broadening of credit to black South Africans is a way of abolishing apartheid’s legacies of exclusion, it also creates potentially precarious and impoverishing forms of indebtedness. Is credit extension the best way to promote financial inclusion in the national economy? If lenders operate by the logic of the free market, why is state regulation required to restrain them from offering products that will lead borrowers into debt, thus ultimately killing the goose that laid the golden egg? These and other questions will be discussed by Deborah James, Gabriel Davel, former CEO of the National Credit Regulator now working as an international consultant on financial regulation and development finance for governments and private companies; Khadija Patel, independent writer and research associate at WiSER and Catherine Burns (WiSER). Deborah James is at the London School of Economics where she has been doing anthropological research on credit and indebtedness in SA over the past 5 years. Her previous books include Gaining Ground? Rights” and “Property” in South African Land Reform and Songs of the Women Migrants. |
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WHEN: Wednesday, 15 April 2015 at 17h30 for 18h00 RSVP: by 14 April 2015 to info.witspress@wits.ac.za
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Info about the book: http://witspress.co.za/catalogue/money-from-nothing/
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