As early as the 1930s, Britain had a highly innovative and profitable mortgage sector that promoted a major extension in home ownership. These controversial and risky offerings had an equivalent in numerous hire purchase agreements, with which new homes were furnished. Such developments were forerunners of the 'easy credit' regime more commonly associated with the 1980s. Taking a long-term perspective on this issue indicates that Britain's departure from European models of consumer credit markets was not simply a by-product of neoliberalism's influence on the Thatcher administration, and this book offers a much fuller explanation to the phenomenon. It explores debates within and between the major political parties; reveals the infighting amongst civil service departments over management of consumer demand; charts the varying degrees of influence wielded by the Bank of England and finance capital, as opposed to that of consumer durable manufacturers; reviews the perspectives of consumers and their representatives; and explains the role of contingency and path dependency in these historical events. The central focus of this book is on consumer credit, but this subject provides a case study through which to explore numerous other important areas of British history. These include debates on the issues of post-war consensus, the impact of rising home ownership and its impact on consumer credit and personal finance markets, the management of consumer society, political responses to affluence, the development of consumer protection policy, and the influence of neoliberalism.
Les mer
This book demonstrates how the UK's consumer credit market has been a distinctive one since the 1930s, outlining the history of various forms of consumer credit and the related rise of the property owning democracy, but also showing the impact this model had on social issues such as class, gender, race, and social equity.
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Introduction 1: Consumer credit on the eve of the affluent society 2: Building a property-owing democracy: 1945-1970 3: A Sisyphean task: credit controls and consumer protection, 1957-1964 4: Crisis and credit control, 1964-1971 5: 'A supreme example of Whitehall "tinkering"': the resumption of consumer credit controls, 1971-1979 6: A nation of mortgagors: 1970-1989 7: Truth in lending? Consumer credit and social policy after Crowther 8: 'Too much of a good thing': the liberalisation of consumer credit Conclusion Bibliography
Les mer
...this is without doubt a weighty and important contribution, not only plugging adeficit in historical knowledge but likely to stimulate further investigation.
Offers the first historical analysis of political reactions to the growth of consumer credit Presents new insights on questions of how the major political parties reacted to increased post-war affluence Examines the role of consumer credit in terms of racial, class, and gender discrimination Provides richer detail on the impact the 'right-to-buy' scheme in the UK and the emergence of the sub-prime credit market Places the UK case study within the context of North American and European comparisons
Les mer
Stuart C. Aveyard is Senior Lecturer in British and Irish History and Politics in the Department of History and Politics at Queen's University Belfast. Stuart completed his doctorate at QUB, where he was also research fellow and lecturer in modern British history before holding an Irish Research Council Post-doctoral Fellowship at University College Dublin and a teaching fellowship at King's College London. His first book, No Solution: the Labour government and the Northern Ireland conflict 1974-79, was published with Manchester University Press in 2016. Paul Corthorn studied at the Universities of Cambridge and Durham. Before coming to Queen's in 2006, he held lectureships at Anglia Ruskin, Liverpool, and Oxford Universities. He is joint editor of the Labour History Review and an Associate of the Cold War Studies Programme at the London School of Economics. In 2009 he won a QUB 'Rising Stars' Teaching Award. In 2012 he was a By-Fellow at Churchill College, Cambridge. In 2015 he organised an international conference at Queen's on 'Socialism and the Cold War in Western Europe'. Sean O'Connell is Professor of Modern British and Irish Social History at Queen's University Belfast. His research interests have focused on consumer credit, working class communities, gender history, and oral history. His next monograph is a study of the history of joyriding. Sean is editor of Oral History amongst his administrative roles.
Les mer
Offers the first historical analysis of political reactions to the growth of consumer credit Presents new insights on questions of how the major political parties reacted to increased post-war affluence Examines the role of consumer credit in terms of racial, class, and gender discrimination Provides richer detail on the impact the 'right-to-buy' scheme in the UK and the emergence of the sub-prime credit market Places the UK case study within the context of North American and European comparisons
Les mer

Produktdetaljer

ISBN
9780198732235
Publisert
2018
Utgiver
Vendor
Oxford University Press
Vekt
564 gr
Høyde
243 mm
Bredde
165 mm
Dybde
21 mm
Aldersnivå
U, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
268

Biographical note

Stuart C. Aveyard is Senior Lecturer in British and Irish History and Politics in the Department of History and Politics at Queen's University Belfast. Stuart completed his doctorate at QUB, where he was also research fellow and lecturer in modern British history before holding an Irish Research Council Post-doctoral Fellowship at University College Dublin and a teaching fellowship at King's College London. His first book, No Solution: the Labour government and the Northern Ireland conflict 1974-79, was published with Manchester University Press in 2016. Paul Corthorn studied at the Universities of Cambridge and Durham. Before coming to Queen's in 2006, he held lectureships at Anglia Ruskin, Liverpool, and Oxford Universities. He is joint editor of the Labour History Review and an Associate of the Cold War Studies Programme at the London School of Economics. In 2009 he won a QUB 'Rising Stars' Teaching Award. In 2012 he was a By-Fellow at Churchill College, Cambridge. In 2015 he organised an international conference at Queen's on 'Socialism and the Cold War in Western Europe'. Sean O'Connell is Professor of Modern British and Irish Social History at Queen's University Belfast. His research interests have focused on consumer credit, working class communities, gender history, and oral history. His next monograph is a study of the history of joyriding. Sean is editor of Oral History amongst his administrative roles.