{"product_id":"the-masters-tools-how-finance-wrecked-democracy-and-a-radical-plan-to-rebuild-it-9781788730662","title":"The Master's Tools: How Finance Wrecked Democracy (and a Radical Plan to Rebuild It)","description":"\u003cb\u003eFinance serves the rich and powerful. We need to democratize it.\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003eWhy is democracy so broken and how might it be fixed? In \u003ci\u003eThe Master's Tools\u003c\/i\u003e, award-winning author Michael A. McCarthy argues the answer can be found in the flows of credit and investment bound up with finance capital. \u003cp\u003e\u003c\/p\u003eToday, 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. \u003cp\u003e\u003c\/p\u003eInspired 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. \u003cp\u003e\u003c\/p\u003eHis 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.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eMichael A. McCarthy\u003c\/b\u003e is an Associate Professor of Sociology and Director of Community Studies at the University of California, Santa Cruz. His book \u003ci\u003eDismantling Solidarity: Capitalist Politics and American Pensions since the New Deal\u003c\/i\u003e was awarded the Paul Sweezy Book Award as well as an honorable mention for the Labor and Labor Movements Book Award. He has written for the \u003ci\u003eBoston Review\u003c\/i\u003e, \u003ci\u003eJacobin\u003c\/i\u003e, \u003ci\u003eNoema\u003c\/i\u003e, and the \u003ci\u003eWashington Post\u003c\/i\u003e.\u003cbr\u003e","brand":"Verso","offers":[{"title":"Default Title","offer_id":50901929066770,"sku":"9781788730662","price":21.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_35163a32-f6c1-4824-81f4-78a87971723d.jpg?v=1738442179","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-masters-tools-how-finance-wrecked-democracy-and-a-radical-plan-to-rebuild-it-9781788730662","provider":"Surprise Castle","version":"1.0","type":"link"}