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Democratizing Finance (Restructuring Credit to Transform Society)
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Product Details
Author:
Fred Block, Robert Hockett
Format:
Paperback
Pages:
336
Publisher:
Verso Books (February 8, 2022)
Language:
English
ISBN-13:
9781839762673
ISBN-10:
1839762675
Weight:
13.6oz
Dimensions:
6.04" x 9.19" x 0.87"
Case Pack:
16
File:
RandomHouse-PRH_Book_Company_PRH_PRT_Onix_full_active_D20260405T170602_155746831-20260405.xml
Folder:
RandomHouse
List Price:
$34.95
As low as:
$26.91
Publisher Identifier:
P-RH
Discount Code:
A
QuickShip:
Yes
Audience:
General/trade
Country of Origin:
United Kingdom
Pub Discount:
65
Imprint:
Verso
Overview
What if our financial system were organized to the benefit of the many rather than simply empowering the few?
Robert Hockett and Fred Block argue that an entirely different financial system is both desirable and possible. They outline concrete steps that could get us there. Financial systems move the worlds savings from investment to investment, chasing the highest rates of return. They run on profit. But what if investment went to the enterprises or institutions that provided things that the majority of people would prioritize?
Democratizing Finance includes six responses that seek to amend, elaborate, and challenge the arguments developed by Hockett and Block. Some of the core arguments put forward by other contributors include calls for the rapid elimination of private financial entities, the dilemmas of the politics associated with financial reforms, and the fate of parallel proposals advanced in the US in the 1930s.
Robert Hockett and Fred Block argue that an entirely different financial system is both desirable and possible. They outline concrete steps that could get us there. Financial systems move the worlds savings from investment to investment, chasing the highest rates of return. They run on profit. But what if investment went to the enterprises or institutions that provided things that the majority of people would prioritize?
Democratizing Finance includes six responses that seek to amend, elaborate, and challenge the arguments developed by Hockett and Block. Some of the core arguments put forward by other contributors include calls for the rapid elimination of private financial entities, the dilemmas of the politics associated with financial reforms, and the fate of parallel proposals advanced in the US in the 1930s.
