Can Finance Save the World?: Regaining Power over Money to Serve the Common Good

How to Make Finance a Force for Good

Just as Thomas Piketty offered a sweeping critique and progressive reassessment of capitalism, former World Bank Group chief financial officer Bertrand Badré looks at the destructive role finance played in the global economic crisis of 2007–2008 and offers a bold prescription for making it a force for good. Badré describes how finance can be harnessed to help us solve many of the world's biggest problems—climate change, poverty, infrastructure rebuilding, and more. As he writes, “When controlled and used intelligently, with benevolence and inventiveness, finance can accomplish great things.”