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Published: 15 January 2020

264 Pages


ISBN: 9780197502808

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Land of the Fee

Hidden Costs and the Decline of the American Middle Class

Devin Fergus

  • Exposes the cumulative effect fees have on wealth redistribution from the poor and middle classes to wealthy corporations
  • Traces the history of fees from the deregulation era of the 1970s to the present, tracking its effect on growing inequality in the US
  • Argues that corporations employ "trick-and-trap" fees by hiding them in the complicated terms of agreement that accompany many consumer transactions, which effectively trick consumers into unknowingly paying exorbitant costs