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Necessary Evil - How to Fix Finance by Saving Human Rights (Hardcover)
Loot Price: R645
Discovery Miles 6 450
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Necessary Evil - How to Fix Finance by Saving Human Rights (Hardcover)
Expected to ship within 12 - 19 working days
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Finance is the evil we cannot live without. It governs almost every
aspect of our lives and has the power to liberate as well as
enslave. With the worldas total financial assetsavalued at a
staggering $300 trillionabeing four times larger than the combined
output of all the worldas economies, there is, apparently, plenty
to go around. Yet, while proponents of finance-driven capitalism
point to the trickle-down effect as its contribution to wealth
redistribution, there are still nearly a billion people across the
globe existing on less than $2 a day; 14 percent of Americans are
living below the official poverty line; and disparities in wealth
equality everywhere have reached unprecedented levels. Evidently a
trickle is not enough. How can this be when so much wealth abounds,
and when finance is supposedly chastened and reformed after its
latest global crisis? How, especially, can it be in an age when
human rights are more loudly proclaimed than ever before? Can the
financial sector be made to shoulder more of the burden of
spreading wealth, reducing poverty, and protecting rights? And if
so, what role can human rights play in making it happen? In
answering these questions, David Kinley draws on a vast array of
material from bankers, economists, lawyers, and politicians, as
well as human rights activists, philosophers, historians and
anthropologists, alongside his own experiences working in the
field. Necessary Evil shows how finance can shed its conceit,
return to its role as the economyas servant not its master, and
regain the public trust and credibility it has so spectacularly
lost over the past decadeaall by helping human rights, not harming
them.
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