TY - BOOK AU - Jenkins,Destin TI - The bonds of inequality: debt and the making of the American city SN - 9780226721545 AV - HJ9205.S3 J36 2021 U1 - 336.34409794610904 JEN 23 PY - 2021/// CY - Chicago, London PB - The University of Chicago Press KW - Municipal bonds KW - California KW - San Francisco KW - History KW - 20th century KW - Finance, Public KW - Debts, Public KW - Municipal government KW - Finance KW - Equality KW - Economic aspects KW - San Francisco (Calif.) N1 - Includes bibliographical references and index; Introduction -- Rule of experts. Management ; Fraternity ; Playground -- The paradox of debt. Shelter ; Crunch ; Revolt ; Failure -- Supremacy. Eclipse ; Pinched -- Epilogue N2 - "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"-- ER -