michael a. mccarthy

economic democracy, social theory & global finance


Why does global finance worsen social inequality, increase macroeconomic instability and hasten the degradation of the climate? And how might democratic processes be created for investing for the social and environmental good?

I am a social theorist that works on solving these intertwined dilemmas through scholarship and political activism. To rebuild our systems of investment and debt allocation, we need to create institutions that enhance economic democracy.

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three rethinking the coordination problem workshops, Berggruen Institute, fall-spring: supply, democratizing finance, and climate transition

DemocracyNext launch september 15. Beginning collaboration on democratic governance of public banks

collaboration with Public Bank LA, Jain Family Institute and the Berggruen Institute on designing a public bank for Los Angeles

collaboration with Democracy Policy Network and Center for Deliberative Democracy on deliberation toolkit

joined The Socio-Spatial Climate Collaborative, or (SC)², as a faculty collaborator

our report on the first re-opening the coordination problem workshop is now available here.