Attention Shoppers: Retail and Consumption in the American Political Economy
Although they figure prominently in the economies of the rich democracies, consumers have received strikingly little attention in the comparative political economy literature. Among its rich peers, the United States stands out as the quintessential consumer society. Those studies that address America’s distinctively consumption-oriented political economy mostly attribute this outcome to the actions of the government in the 1930s to stimulate home ownership (and associated mortgage debt) in response to the Great Depression.