(An article I wrote, cross-posted with the Tax Justice Network.)
The Finance Curse is a concept first developed by the Tax Justice Network. It is a relatively simple idea — and also an original and powerful multi-level critique of the modern global economy.
The core message is “too much finance can make a country poorer,” and this article explains why this is so, by framing the issue in simple terms. (It complements this page showing over 20 academic studies supporting the proposition that “too much finance can make you poorer.”)
All this has geographical, racial, gender, and disability-based implications, as laid out here.Continue reading