Americans are expected to take on debt, because that's how we're expected to finance everything from basic needs to a college education. And that's a function of economic policy making. That doesn't happen by accident.Mallory SoRelleA full transcript is available at www.democracyparadox.com.Mallory SoRelle is an assistant professor of public policy at Duke University and the author of Democracy Declined: The Failed Politics of Consumer Financial Protection.Key Highlights IncludeHow the American economy depends on creditA brief history of consumer credit in AmericaDetails why consumer debt is a systemic problemWhy financial consumers do not politically mobilize Explains how public policy shapes political behaviorKey LinksDemocracy Declined: The Failed Politics of Consumer Financial Protection by Mallory SoRelleLearn more about Mallory SoRelleConsumer Financial Protection BureauRelated ContentSheryl WuDunn Paints a Picture of Poverty in America and Offers Hope for SolutionsJacob Hacker and Paul Pierson on the Plutocratic Populism of the Republican PartyMore from the PodcastMore InformationDemocracy GroupApes of the State created all MusicEmail the show at democracyparadoxblog@gmail.comFollow me on Twitter @DemParadox100 Books on DemocracySupport the show (https://www.patreon.com/demparadox)