How the Other Half Banks

In How the Other Half Banks, Mehrsa Baradaran explores the stark disparities in the American banking system, highlighting how deregulation and shifting industry priorities have left many people reliant on high-cost fringe lenders. She traces the evolution of banks from public institutions serving all Americans to private entities focused on wealthier clients, especially after the 2008 financial crisis. Baradaran offers a compelling proposal to reinvent the US Post Office as a means to provide equitable banking services and bridge the growing financial divide.