Book Review: The Heretic’s Guide to Global Finance: Hacking the Future of Money

Jay OwenBooks and Reviews

Screen Shot 2013-07-01 at 3.43.53 PMThe Heretic’s Guide to Global Finance: Hacking the Future of Money

By Brett Scott, Palgrave Macmillan, 2013

 

Popular anger against the financial system has never been higher, yet the practical workings of the system remain opaque to many people. The Heretic’s Guide to Global Finance aims to bridge the gap between protest slogans and practical proposals for reform.

Brett Scott is a campaigner and former derivatives broker who has a unique understanding of life inside and outside the financial sector. He builds up a framework for approaching it based on the three principles of ‘Exploring’, ‘Jamming’ and ‘Building’, offering a practical guide for those who wish to deepen their understanding of, and access to, the inner workings of financial institutions.

Scott covers aspects frequently overlooked, such as the cultural dimensions of the financial system, and considers major issues such as agricultural speculation, carbon markets and tar-sands financing. Crucially, it also showcases the growing alternative finance movement, showing how everyday people can get involved in building a new, democratic, financial system.

 

About The Author

Brett Scott is a campaigner and former broker who has worked on climate change, food security and ethical banking campaigns. He is a Fellow at the Finance Innovation Lab and has written for the GuardianEcologistopenDemocracyand New Internationalist. He blogs at www.suitpossum.blogspot.com.