{"product_id":"9781509548729","title":"The Case for a Debt Jubilee","description":"\u003cp\u003eWe were drowning in in record levels of debt before the COVID-19 crisis, and we are now deluged in it. U.S. private-sector loans have tripled relative to income since 1950 - and government debt is also at an all-time high. Soaring debt burdens individuals, stifles growth, compounds inequality, and brings falling living standards for millions.\u003c\/p\u003e\n\n\u003cp\u003e Richard Vague's new book argues that, contrary to mainstream assumptions, we cannot simply hope that the trend will correct itself. Mounting debt is a feature of our economic system, not a bug: debts perpetually grow and compound, polarizing and impoverishing economies if not overtly dealt with. He offers a detailed plan for how we can restructure a range of debts - such as student loans, auto loans, medical debt and more - and offer hard-pressed debtors a 'jubilee' now, not in some utopian future.\u003c\/p\u003e\n\n\u003cp\u003e Vague's bold polemic contains a wealth of ideas that will free millions from modern-day debt peonage, reduce inequality and bring new vigor to the economy as it struggles to emerge from the pandemic.\u003c\/p\u003e","brand":"Polity Pr","offers":[{"title":"Default Title","offer_id":48652250644715,"sku":"00000_00000_00000_00000","price":118.93,"currency_code":"SGD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0758\/4484\/5803\/files\/9781509548729-1.jpg?v=1781685730","url":"https:\/\/kinokuniya.com.sg\/ja\/products\/9781509548729","provider":"Books Kinokuniya Singapore","version":"1.0","type":"link"}