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SUMMARY:What does it mean to Democratize Finance? - Dr Leah Rose Downey (U
 niversity of Cambridge)
DTSTART:20250303T170000Z
DTEND:20250303T183000Z
UID:TALK225751@talks.cam.ac.uk
CONTACT:Dr Duncan Needham
DESCRIPTION:The phrase ‘Democratize Finance’ has proliferated recently
  in scholarship and in popular discourse.  There are financial companies l
 ike Robin Hood\, of GameStop fame\, which explicitly describes itself as 
 ‘on a mission to democratize finance for all’.  The ‘Democratizing F
 inance’ volume in the Real Utopias collection was published in 2022.  So
 me 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 democrati
 c theory and which are merely counterfeit uses of the term.
LOCATION:John Bradfield Room\, Darwin College and Zoom
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