000 01767nam a22001937a 4500
005 20251029143250.0
008 251029b |||||||| |||| 00| 0 eng d
020 _a9781788730662
082 _a332
_bMCC
100 _aMcCarthy, Michael A.
_925045
245 _aThe master's tools:
_bhow finance wrecked democracy (and a radical plan to rebuild it)
260 _aNew York
_bVerso
_c2025
300 _axiv, 257 p.
365 _aUSD
_b29.95
520 _aWhy is democracy so broken and how might it be fixed? In The Master's Tools, award-winning author Michael A. McCarthy argues the answer can be found in the flows of credit and investment bound up with finance capital. Today, finance guides and constrains our politics, but there is no reason why this must be so. In this groundbreaking work, McCarthy develops a political and social theory of institutional transformation rooted in the interconnectedness of finance and democracy. Inspired by ancient Athens, where small groups chosen by lottery were used to ensure democratic participation, he shows how democracy and working-class power can be strengthened by introducing new forms of financial governance, focusing on the inclusion of historically excluded groups. His proposals for democratic financial institutions point the way to imbuing finance with a socio-environmental purpose and the funding of a just green transition, social housing, and other necessary public goods. And these financial institutions might be the first step toward a whole new kind of economy. (https://www.versobooks.com/en-gb/products/755-the-master-s-tools?srsltid=AfmBOooeEHJJYEECvaTNPG68Z-luEXMZQcWl9VydFVPBgrCOX3fsp7T1)
650 _aInvestment bound
_925915
650 _aFinance Capital
_925916
942 _cBK
_2ddc
999 _c10458
_d10458