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Banking on a RevolutionWhy Financial Technology Won't Save a Broken System$
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Terri Friedline

Print publication date: 2021

Print ISBN-13: 9780190944131

Published to Oxford Scholarship Online: December 2020

DOI: 10.1093/oso/9780190944131.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 October 2021

Financial Education for Liberation

Financial Education for Liberation

Chapter:
(p.154) 8 Financial Education for Liberation
Source:
Banking on a Revolution
Author(s):

Terri Friedline

Publisher:
Oxford University Press
DOI:10.1093/oso/9780190944131.003.0009

Financial education interventions are delivered in public schools, nonprofit organizations and workplaces in a variety of formats, such as workshops, lesson plans, and coaching sessions. Financial education, however, portends to help a person budget and learn their way out of poverty while ignoring rampant systemic oppression and discrimination. This chapter reviews the research on financial education and offers an alternative approach to this popular-yet-rarely-effective intervention. A popular education approach based on Paulo Freire’s book, Pedagogy of the Oppressed has the potential to raise critical consciousness, teach about financialized racial neoliberal capitalism, engage in political activism, and prepare us for a financial system revolution.

Keywords:   financial education, financial literacy, financial knowledge, Paulo Freire, emergent strategy, critical consciousness

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