Legislative Foundations of American Consumer Society

Download or read book Legislative Foundations of American Consumer Society written by Bob Sullivan and published by McFarland. This book was released on 2021-09-15 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current literature on consumerism is diverse, scattered, and unsystematic. This book remedies this by identifying the beginning of mass consumer society in the United States, starting with the New Deal. The New Deal framework of guaranteeing new home purchases by means of low down-payment, fixed-rate home mortgages lasted until the 1970s, at which time the legal framework unraveled due to a sustained attack on New Deal racism. Despite this, American consumerism continued and even flourished without a regulatory structure. This book analyzes seven key pieces of federal legislation which undergird American consumer society to this day.