Bilde av Global Justice & Finance Av Tim (professor Of Environmental Political Theory Professor Of Environmental Political Theory University Of Edinburgh)

Global Justice & Finance Av Tim (professor Of Environmental Political Theory Professor Of Environmental Political Theory University Of Edinburgh)

Can global justice be promoted by distributing money more equitably? Could even relatively small financial sacrifices by the affluent work, through benign leverage, to achieve that goal? Global Justice and Finance casts new light on such questions by considering what is presupposed about finance. Redistributive proposals assume money to be a reliable measure, store of value, and medium of exchange. Yet maintaining stable interest, inflation, and exchange rates in a dynamic capitalist economy is a considerable achievement involving a complex financial system. Such global coordination could, if so directed, contribute immensely to humanity''s betterment, yet under the direction of a profit seeking elite it leaves a majority disempowered, impoverished, and indebted. To pay debts, ever more desperate measures to wrest value from the world''s natural resources increase ecological pressures to harmful extremes, and those pressures do not stop short of driving wars. The profit seeking economy

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Global Justice & Finance Av Tim (professor Of Environmental Political Theory Professor Of Environmental Political Theory University Of Edinburgh)

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