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Author:
Friedline, Terri, author.
Title:
Banking on a revolution : why financial technology won't save a broken system / Terri Friedline.
Publisher:
Oxford University Press,
Copyright Date:
2021
Description:
xvi, 289 pages : maps ; 25 cm
Subject:
Discrimination in financial services--United States.
Financial exclusion--United States.
Financialization--United States.
Capitalism--Social aspects--United States.
Racism--Economic aspects--United States.
Social change--United States.
Race relations--Economic aspects.
Economics--Sociological aspects.
Notes:
Includes bibliographical references and index.
Contents:
Calibrating the financial system -- Financialization and the tyranny of bootstraps -- Theorizing moves to financial innocence -- Corporate landlords and the climate crisis -- Only sharks in the tank -- Capitalism doesn't bend -- Digital redlining -- Financial education for liberation -- The nature of change -- Epilogue: Dear social work.
Summary:
"The Revolution Will Not Be Financed takes the perspective that the financial system needs a revolution-and not the impending revolution driven by technology. Studying various ways the financial system advantages whites by exploiting and marginalizing Black and Brown communities, Terri Friedline challenges the optimistic belief that fintech can expand access to banking and finance. Friedline applies the lens of financialized racial neoliberal capitalism to demonstrate the financial system's inherent racism, and explores examples from student loan debt, corporate landlords, community benefits agreements, and banking and payday lending. She makes the case that the financial system needs a people-led revolution that centers the needs, experiences, and perspectives of those that it has historically excluded, marginalized, and exploited"---Provided by publisher
ISBN:
0190944137
9780190944131
OCLC:
(OCoLC)1200832237
LCCN:
2020024607
Locations:
GAAX314 -- Northeast Iowa Community College Library - Peosta (Peosta)

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