Joseph Nathan Cohen, “Financial Crisis in American Households” (Praeger, 2017)

New Books in Sociology · Jan 30, 2018 · 46m

Are iPhones or homes bankrupting Americans? Joe Cohen‘s new book, Financial Crisis in American Households: The Basic Expenses That Bankrupt the Middle Class (Praeger, 2017), presents data and discussion on the financial status of American households. The book considers whether capitalism or government policies are to blame. Cohen considers the historical changes that have taken place in America, including the post WWII economy, globalization, and technological advances. Rather than focus on individual spending, Cohen argues that we need to take a structural approach and also do some…