Justice Is an Option: A Democratic Theory of Finance for the Twenty-First Century

More than ten years after the worst crisis since the Great Depression, the financial sector is thriving. But something is deeply wrong. Taxpayers bore the burden of bailing out too-big-to-fail banks but got nothing in return. Inequality has soared, and a populist backlash against elites has shaken the foundations of our political order. Meanwhile, financial capitalism seems more entrenched than ever. What is the Left to do? Justice Is an Option uses those problems, and the framework of finance that created them, to reimagine historical justice. Robert Meister returns to the spirit of Marx to diagnose our current age of finance. Instead of closing our eyes to the political economic realities of our era, we need to grapple with them head on. Meister does just that, asking whether the very tools of finance that have created our vastly unequal world could instead be made to serve justice and equality. Meister formulates here nothing less than a democratic financial theory for the twenty-first century, one that is equally conversant in political philosophy, Marxism, and contemporary politics. Justice Is an Option is an invigorating first page of a new--and sorely needed--leftist playbook. See more