Kitchen Capitalism

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Kitchen Capitalism
Microenterprise in Low-Income Households

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Margaret Sherrard Sherraden - Author
Cynthia K. Sanders - Author
Michael Sherraden - Author

SUNY series in Urban Public Policy

Price: $95.00
Hardcover - 288 pages

Release Date: October 2004

ISBN10: 0-7914-6171-8
ISBN13: 978-0-7914-6171-6

Price: $33.95
Paperback - 288 pages

Release Date: June 2008

ISBN10: N/A
ISBN13: 978-0-7914-6172-3

Available as a Google eBook for other eReaders and tablet devices. Click icon below...

Summary

The first in-depth examination of self-employment from the perspectives of low-income entrepreneurs.

Businesses come to life as owners are allowed to speak in their own words in this first in-depth examination of self-employment told from the perspectives of low-income microentrepreneurs. The book systematically analyzes a range of issues, including who chooses to open a micro business, and why; what resources do they bring to their business venture; how well will their venture fare; and what contributes to the growth or decline of their business. The authors conclude that most microentrepreneurs believe self-employment offers a range of monetary and nonmonetary benefits and argue it would be more advantageous to view microenterprise as a social and economic development strategy rather than simply as an anti-poverty strategy. Based on this observation, a range of strategies to better promote microenterprise programs among the poor is advanced, with the goal of targeting the most promising approaches.

“The authors are to be congratulated for making a major contribution to the literature on the role of microenterprise in the United States. Their book is based on solid and important ethnographic research, and their knowledge of the literature on microenterprise is prodigious.” — Economic Development Quarterly

“The authors are to be congratulated for making a major contribution to the literature on the role of microenterprise in the United States. Their book is based on solid and important ethnographic research, and their knowledge of the literature on microenterprise is prodigious.” — Social Development Issues

"This book fits nicely with economic studies that emphasize investment in human capital and ownership of resources. The authors … posit development of self-employed businesses as a means for low-income minority individuals to overcome discrimination and other barriers to asset accumulation of wealth." — CHOICE

"The rich data gathered by the authors provides significant insight into the topic of microenterprise. In light of increasing expectations for employment among the poor, it is important to understand more about the perceptions, motivations, and experiences of low-wage workers in relation to work. It is also very important to understand the subjective aspects of the impact of microenterprise as a formal anti-poverty policy." — Naomi Farber, author of Adolescent Pregnancy: Policy and Prevention Services

At the University of Missouri at St. Louis, Margaret Sherrard Sherraden is Professor of Social Work, and Cynthia K. Sanders is Assistant Professor of Social Work. Michael Sherraden is Benjamin E. Youngdahl Professor of Social Development and the founding director of the Center for Social Development at Washington University, where Margaret Sherrard Sherraden is Research Professor and Cynthia K. Sanders is Faculty Associate. Michael Sherraden is the author and editor of many books, including Assets and the Poor: A New American Welfare Policy.

Table of Contents

List of Tables

Acknowledgments

1. Little Businesses, Large Hopes

2. Theory and Evidence

3. Who Wants to Be a Microentrepreneur and Why?

4. Getting Started: Resources for Microenterprise

5. The Bottom Line: Business and Household

6. Microenterprise Performance

7. Beyond Profit: Multiple Outcomes of Microenterprise

8. Fighting Poverty or Promoting Development?

Appendix A. Glossary

Appendix B. Research Methods

Appendix C. Entrepreneurs, Demographic Characteristics, and Their Businesses

Appendix D. Business and Household Financial Outcomes

References

About the Authors

Index

Related Subjects

Public Policy
Social Problems
Urban Studies

42906/47513(MR/DG/MC)

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