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The New Loan Sharks
The dependence of the poor on payday loans is neither natural nor inevitable. It is the result of neoliberal policies.
Susanne Soederberg is a professor in the global development studies and political studies departments at Queen’s University, Canada. Her most recent book is Debtfare States and the Poverty Industry: Money, Discipline and the Surplus Population.
The dependence of the poor on payday loans is neither natural nor inevitable. It is the result of neoliberal policies.