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Just Money Profiles
Destin Jenkins, Co-Editor

Destin Jenkins is the Neubauer Family Assistant Professor of History at the University of Chicago. He specializes in racial capitalism’s history and consequences for democracy and inequality in the United States. He earned his undergraduate degree from Columbia University (2010), and doctorate from Stanford University (2016). He has held fellowships at the Charles Warren Center for Studies in American History at Harvard University, and the Robert L. Heilbroner Center for Capitalism Studies at The New School.

Destin Jenkins is the author of The Bonds of Inequality: Debt and the Making of the American City (The University of Chicago Press). Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In The Bonds of Inequality, Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the …
More Just Money Profiles
Destin Jenkins, Co-Editor

A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
S. Seicshnaydre, Using Legal Tools to Bring Debt and Equity into Balance

October 7, 2021

S. Seicshnaydre

Prof. Jenkins’s sobering and painstaking work on the municipal bond market opens a new window onto the depth and range of harm made possible by racially separate and unequal spaces.
More A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
S. Seicshnaydre, Using Legal Tools to Bring Debt and Equity into Balance

A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
D. Asante-Muhammad, Living in a Capitalist City with No Capital

September 30, 2021

D. Asante-Muhammad

Bonds of Inequality: Debt and the Making of the American City details the rise and fall of the municipal bond market as an economic engine for municipalities.
More A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
D. Asante-Muhammad, Living in a Capitalist City with No Capital

A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
B. Alston, The Same System, the Same Results

September 23, 2021

B. Alston

Destin Jenkins’s The Bonds of Inequality drives home points that many of us have experienced intimately—the current municipal finance system is racist and inherently flawed.
More A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
B. Alston, The Same System, the Same Results

A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
B. Highsmith, The Bondholders’ Veto: Fiscal Federalism and Local Democracy

September 9, 2021

B. Highsmith

Among many culprits behind this “conservative logic of financialization,” one stands out: the withdrawal of centralized fiscal transfers from higher levels of government. Without access to state and federal funds, cities became dependent on the market to meet even their most basic responsibilities.
More A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
B. Highsmith, The Bondholders’ Veto: Fiscal Federalism and Local Democracy

A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
N. J. Ramos, The Myth of Fair Share/Equal Share Bond Projects

August 12, 2021

N. J. Ramos, Drexel University

Destin Jenkins’s focus on municipal bond financing in The Bonds of Inequality contributes to a growing field of literature demonstrating how monetary and financial policy play a significant role in reinforcing racial inequality.
More A Symposium on Destin Jenkins’s The Bonds of Inequality: Debt and the Making of the American City
N. J. Ramos, The Myth of Fair Share/Equal Share Bond Projects