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Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities' dependency on municipal debt, and how the terms of municipal finance structures racial privileges, entrenches spatial neglect, elides democratic input and distributes wealth and power. In this deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath its quotidian infrastructure, lurks a world of politics and finance that is rarely seen, let alone understood.

Municipal bonds --- Finance, Public --- History --- Cameralistics --- Public finance --- Public finances --- Currency question --- Local government bonds --- Bonds --- Government securities --- Municipal finance --- Debts, Public --- Municipal government --- Equality --- History. --- Economic aspects --- San Francisco (Calif.) --- Egalitarianism --- Inequality --- Social equality --- Social inequality --- Political science --- Sociology --- Democracy --- Liberty --- Cities and towns --- City government --- Municipal administration --- Municipal reform --- Municipalities --- Urban politics --- Local government --- Metropolitan government --- Municipal corporations --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Deficit financing --- Government --- San Francisco County (Calif.) --- San Francisco --- San Francisco City & County (Calif.) --- San Francisco City and County (Calif.) --- City & County of San Francisco (Calif.) --- City and County of San Francisco (Calif.) --- Saint Francisco (Calif.) --- Yerba Buena (Calif.) --- debt, infrastructure, finance, capitalism, racism, democracy, urban politics, African Americans, welfare. --- Municipal bonds - California - San Francisco - History - 20th century --- Finance, Public - California - San Francisco - History - 20th century --- Debts, Public - California - San Francisco - History - 20th century --- Municipal government - California - San Francisco - Finance - History - 20th century --- Equality - Economic aspects - California - San Francisco --- San Francisco (Calif.) - History - 20th century --- San Francisco [California]