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Evictions Under Austerity.pdf

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Preview of Evictions Under Austerity
🔗 Source: oro.open.ac.uk
📊 Size: 815 KB
👤 Author: mb32825
⬇️ Downloads: 139

Summary

The UK has seen a record rise in evictions, with 170 evictions per day in 2015, largely due to austerity measures and financial capitalism. Evictions are not just an outcome of financial capitalism, but also a result of the state's withdrawal of protection and welfare, leading to increased household debt and risk. The growth of evictions has created a lucrative industry of debt recovery and enforcement, which profits from low-income individuals and places, described as "accumulation by repossession". This process involves the extraction of debt and profit from poverty, with the state playing an active role in facilitating evictions through welfare reforms and austerity measures.

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Description

The UK has seen a record rise in evictions, with 170 evictions per day in 2015, largely due to austerity measures and financial capitalism.

Technical Information

  • File Format: PDF
  • File Size: 815 KB
  • Pages: 43
  • Language: EN
  • Author: mb32825
  • Total Downloads: 139
  • Last Updated: 5 hours ago

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