Jacobin Radio cover image

The Dig: Private Money with Stefan Eich

Jacobin Radio

00:00

The Democratization of Finance

The idea of a kind of the democratization of finance, to use that term that's floating around here, is to move from exclusion to inclusion. Hit so households who hare previously excluded are now explicitly included in this realm of credit creation. Frederick: To be included means very little if the kind of credit you have access to is inferior to the excess of credit that others have. It's more like what kienga yamata taylor calls predatory inclusion. And it makes not only the ano impossible, but also social democratic experiments in the global north, and you mention france, as well.

Play episode from 01:22:18
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app