Danielsville, Georgia, a small town just north of Athens. Though the Whitehill family had received an eviction notice two months earlier and were planning to move into another house on that same day, the sheriff came by to let them know their time was up. Several workers tossed all of their clothes, toys, furniture, and framed photographs into a soaking heap in the front yard. In this picture, they were collecting their remaining things. The sheriff told them they had to oversee four to six evictions like this one every day. With one in 300 housing units subject to a notice or repossession, Georgia has the nation’s highest rate of foreclosures, triggered by the burst of the real estate bubble and the subprime mortgage crisis that started in 2007.

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“In 1978, it might have been economically feasible and perfectly legal for an executive to award himself a multimillion-dollar bonus while shedding 40 percent of his work force and requiring the survivors to take annual furloughs without pay. But no executive would have wanted the shame and outrage that would have followed any more than an executive today would want to be quoted using a racial slur or photographed with a paid escort.”

- The Broken Contract: Inequality and American Decline by George Packe