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Organized Money: How Progressives Can Leverage the Financial System to Work for Them, Not Against Them

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Two leading figures from the world of finance show how progressives can take their money away from conservative financial institutions and put it to good, lasting social use “Remoralizing and resocializing the market is the great project of the moment. The crucial question is not: How can we have a good economy? It’s: How can we have a good society?” —David Brooks, The New Two leading figures from the world of finance show how progressives can take their money away from conservative financial institutions and put it to good, lasting social use “Remoralizing and resocializing the market is the great project of the moment. The crucial question is not: How can we have a good economy? It’s: How can we have a good society?” —David Brooks, The New York Times The U.S. financial system may be working for some people, but it isn’t working for most of us who care about progressive causes. In fact, our financial system taps your money to pay for a conservative agenda. It’s a heads-they-win, tails-you-lose game when the fees you pay to use your credit card finance fossil fuels even when you buy green products. Conservative “money muscle” shapes our culture, society, politics, and public policy. In this bold call to action, two leaders from the world of progressive finance propose a strategy to challenge this conservative dominance of the financial sector: organized progressive money. It’s a $10 trillion plan for a full- service, market-scale progressive financial system. Mestrich and Pinsky explain how progressives can take control with financial institutions of their own and products that align with progressive values. Organized Money warns that until progressives organize their money, they will lose again and again while conservatives will keep winning. It’s a crucial message for the next progressive era, starting with the make-or-break 2020 election cycle, where American voters will be presented with a choice between conservative market fundamentalism that leaves them out or inclusive restorative capitalism that is good for people as well as profits. Written in clear, engaging prose for non- financial readers and finance leaders alike, Organized Money is required reading for everyone ready to confront the excesses of conservative power and influence


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Two leading figures from the world of finance show how progressives can take their money away from conservative financial institutions and put it to good, lasting social use “Remoralizing and resocializing the market is the great project of the moment. The crucial question is not: How can we have a good economy? It’s: How can we have a good society?” —David Brooks, The New Two leading figures from the world of finance show how progressives can take their money away from conservative financial institutions and put it to good, lasting social use “Remoralizing and resocializing the market is the great project of the moment. The crucial question is not: How can we have a good economy? It’s: How can we have a good society?” —David Brooks, The New York Times The U.S. financial system may be working for some people, but it isn’t working for most of us who care about progressive causes. In fact, our financial system taps your money to pay for a conservative agenda. It’s a heads-they-win, tails-you-lose game when the fees you pay to use your credit card finance fossil fuels even when you buy green products. Conservative “money muscle” shapes our culture, society, politics, and public policy. In this bold call to action, two leaders from the world of progressive finance propose a strategy to challenge this conservative dominance of the financial sector: organized progressive money. It’s a $10 trillion plan for a full- service, market-scale progressive financial system. Mestrich and Pinsky explain how progressives can take control with financial institutions of their own and products that align with progressive values. Organized Money warns that until progressives organize their money, they will lose again and again while conservatives will keep winning. It’s a crucial message for the next progressive era, starting with the make-or-break 2020 election cycle, where American voters will be presented with a choice between conservative market fundamentalism that leaves them out or inclusive restorative capitalism that is good for people as well as profits. Written in clear, engaging prose for non- financial readers and finance leaders alike, Organized Money is required reading for everyone ready to confront the excesses of conservative power and influence

39 review for Organized Money: How Progressives Can Leverage the Financial System to Work for Them, Not Against Them

  1. 4 out of 5

    Adina

    Read this book if you want to increase the power and influence of the progressive approach to running our country. The authors show how the fact that the country has ceded organized money to the conservatives has a negative impact on our efforts. Then they present a plan to move forward. You DO NOT need to understand money or financial systems to understand this book.

  2. 4 out of 5

    Scott Schneider

    Mestrich and Pinsky make a compelling case for a $1 trillion progressive fund to leverage Monet for social good. They argue that capitalism can be turned to human needs only by harnessing the power of progressive money. They give lots of examples of how we have moved in this direction in the past few decades and now have a window of opportunity to force capital to contribute to the larger social need. I wish there were more "action items" for readers to do to make this happen. But they appear to Mestrich and Pinsky make a compelling case for a $1 trillion progressive fund to leverage Monet for social good. They argue that capitalism can be turned to human needs only by harnessing the power of progressive money. They give lots of examples of how we have moved in this direction in the past few decades and now have a window of opportunity to force capital to contribute to the larger social need. I wish there were more "action items" for readers to do to make this happen. But they appear to have plans to do a lot of education and outreach to make this vision a reality.

  3. 4 out of 5

    Joe

    This review has been hidden because it contains spoilers. To view it, click here. Very thought provoking read. I really enjoyed how they explained the financial path that parallels our political climate.

  4. 5 out of 5

    Peter Z.

    This review has been hidden because it contains spoilers. To view it, click here. Wait, "progressives" are going to learn how to make financial decisions? Nah....not gonna happen.

  5. 4 out of 5

    The Borrowed Book

  6. 4 out of 5

    Beth Janus

  7. 4 out of 5

    Jamie

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    Langley Barth

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    Carol

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    Frederick Rotzien

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    Bettye Short

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    Deborah Gerhart

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    Bill Schlott

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    Sam

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    Micielle

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    Kim Ellis

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    Margo

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    Denise

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    Sunnymay

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    Jan

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    Raymond Stone

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    Brooke

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    J. Harding

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    Shakina Camilla

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    Wendy

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  36. 4 out of 5

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  37. 5 out of 5

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  38. 5 out of 5

    Alex Helm

  39. 5 out of 5

    Luna

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