Money, Power, and the People: The American Struggle to Make Banking Democratic
Where: 92nd Street Y
1395 Lexington Ave.
212-415-5500 Price: $29
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Christopher Shaw speaks on his book, Money, Power, and the People: The American Struggle to Make Banking Democratic, which upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers.
Instead, Shaw shows that banking and politics were directly shaped by the literal and symbolic investments of the grassroots leading to stability and, eventually, the current decline of the very banking politics that enabled it. Giving voice to a broad swath of American figures, including workers, farmers, politicians and bankers alike, Money, Power, and the People recasts our understanding of what might be possible in balancing the needs of the people with those of their financial institutions.