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University of Cambridge > Talks.cam > Financial History Seminar > What does it mean to Democratize Finance?
What does it mean to Democratize Finance?Add to your list(s) Download to your calendar using vCal
If you have a question about this talk, please contact Dr Duncan Needham. The phrase ‘Democratize Finance’ has proliferated recently in scholarship and in popular discourse. There are financial companies like Robin Hood, of GameStop fame, which explicitly describes itself as ‘on a mission to democratize finance for all’. The ‘Democratizing Finance’ volume in the Real Utopias collection was published in 2022. Some have argued that democratization requires assembling citizens juries to direct investment, others have suggested that ‘to democratize finance we must make it structurally sound’. What is striking about the phrase ‘democratizing finance’ is its powerful resonance despite its lack of meaning. What exactly is required to democratize finance? In this paper we begin to address this question by sorting through the many current uses of the phrase and suggesting which are justifiable by appeal to democratic theory and which are merely counterfeit uses of the term. This talk is part of the Financial History Seminar series. This talk is included in these lists:
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