Michael A. McCarthy’s The Master’s Tools is about the power that finance exerts over people. He inquires into the problem and how it could realistically be solved:
Why has finance capitalism left people worse off and further wrecked democracy along the way? Why does the financial sector increasingly determine our lives and politics… ? [H]ow might an alternative to investment for profit leave people better off, reinvigorate the demos, and rebuild democracy? (xii)
When I started reading the book I thought maybe McCarthy’s response to these questions could be better reviewed by someone whose work is directly related to them. Still it seemed like an excellent resource for someone who is seeking to learn about the subject. It soon became apparent that the point of his book — ‘democratizing finance’ (9) — calls for responses from outsiders to the author’s field.
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