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Global Justice & Finance - Oxford Scholarship Online
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Global Justice & Finance

Tim Hayward

Abstract

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? This book 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, contr ... More

Keywords: Global justice, Financial system, Radical inequality, Ecological debt, Benign leverage

Bibliographic Information

Print publication date: 2019 Print ISBN-13: 9780198842767
Published to Oxford Scholarship Online: September 2019 DOI:10.1093/oso/9780198842767.001.0001

Authors

Affiliations are at time of print publication.

Tim Hayward, author
Professor of Environmental Political Theory, University of Edinburgh