Cart
Free Shipping in Australia
Proud to be B-Corp

We Are Not Able to Live in the Sky Mara Kardas-Nelson

We Are Not Able to Live in the Sky By Mara Kardas-Nelson

We Are Not Able to Live in the Sky by Mara Kardas-Nelson


$47.39
Condition - New
40+ in stock

We Are Not Able to Live in the Sky Summary

We Are Not Able to Live in the Sky: the seductive promise of microfinance by Mara Kardas-Nelson

A deeply reported work of journalism that explores the promises and perils of global microfinance, told through the eyes of those who work in small-scale lending and of women borrowers in Sierra Leone, West Africa.

In the mid-1970s, Muhammad Yunus, an American-trained Bangladeshi economist, met a poor female stoolmaker who needed money to expand her business. In an act known as the beginning of microfinance, Yunus lent $27 to 42 women, hoping small credit would help them to pull themselves out of poverty. Soon, Yunuss Grameen Bank was born, and, very small but often high-interest loans for poor people took off. In 2006, Yunus and the Grameen Bank won the Nobel Peace Prize for their work on anti-poverty lending.

But theres a problem with this story. There are mounting concerns that these small loans are as likely to bury poor people in debt as they are to pull them from poverty, with borrowers facing consequences such as jail time and forced land sales. Hundreds have even reportedly committed suicide.

What happened? Did microfinance take a wrong turn, or was microfinance flawed from the beginning?

We Are Not Able to Live in the Sky is a story about unintended consequences, blind optimism, and the decades-long ramifications of seemingly small policy choices, rooted in the stories of women borrowers in Sierra Leone. Kardas-Nelson asks: What happens when a single, financially focused solution to global inequity ignores the real drivers of poverty? Who stands to benefit and, more importantly, who gets left behind?

We Are Not Able to Live in the Sky Reviews

[An] eye-opening debut expose Kardas-Nelsons crisp characterisations and novelistic storytelling bring clarity to a sprawling, shadowy history. The result is a devastating look at a disaster set into motion by misguided American policymakers.

-- Publishers Weekly, starred review

A keen examination of the rise and fall in popularity of the microfinance loan system This thoughtful deep dive into the world of microfinance is both educative and heartbreaking.

* Kirkus Reviews *

Through a dazzling, superbly paced combination of astute history and on-the-ground observation in Sierra Leone, West Africa, Mara Kardas-Nelson holds the claims of microfinance up to the light. I wish that every new idea touted as the solution to the worlds problems had such a thoughtful and compassionate examination.

-- Adam Hochschild, bestselling author of American Midnight and King Leopolds Ghost

What happens to money loaned to extremely poor people? Who gains and who loses? In her exhaustively researched tour de force, Mara Kardas-Nelson explodes myths in some cases, lies bringing tough truths to microfinancing, high-interest loans, and even the Nobel Prize. We Are Not Able to Live in the Sky should be mandatory reading for everybody looking for solutions to extreme poverty.

-- Laurie Garrett, Pulitzer Prizewinning author of Betrayal of Trust: the collapse of global public health

By turns a fascinating global history of micro-credit and a haunting account of its effects on a handful of women in Sierra Leone, We Are Not Able to Live in the Sky traces the rise, fall, and afterlife of an industry built on neoliberal fantasies, on the preening of powerful poseurs, and on the backs of millions of desperate people.

-- James K. Galbraith, The University of Texas at Austin, author of Inequality: what everyone needs to know

Mara Kardas-Nelson has written a superb, layered, riveting book everyone should read. She takes us inside the minds of architects of microfinance programs who spent decades standing behind their inventions and the women whose lives are endlessly challenged by those programs, considering the forces and mechanisms that conspire against them and inviting us to imagine how it could be different across the world. We Are Not Able to Live in the Sky reminds us that well-intentioned is not the same as imaginative or aspirational when it comes to building systems to accompany others out of poverty.

-- Ophelia Dahl, cofounder of Partners in Health

As global inequality grows and grows, this absorbing book offers a detailed look at how and why proposed solutions to poverty take off, even as significant flaws that may in fact entrench inequality are overlooked. It shows the danger of an over-simplified story, and examines how so-called assistance for the worlds poorest people can have serious and life-changing consequences.

-- Sally Hayden, author of My Fourth Time, We Drowned

About Mara Kardas-Nelson

Mara Kardas-Nelson is an independent journalist focusing on international development and inequality. Her award-winning work has appeared in The New York Times, The Nation, NPR, The Guardian, and elsewhere. Mara has spent years working in global health. Originally from the US, she has also lived in Canada, South Africa, and Sierra Leone.

Additional information

NGR9781917189101
9781917189101
1917189109
We Are Not Able to Live in the Sky: the seductive promise of microfinance by Mara Kardas-Nelson
New
Paperback
Scribe Publications
2024-08-15
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - We Are Not Able to Live in the Sky