Five of the best books on the power of banks

Grace Blakeley is a Research Fellow at IPPR’s Centre for Economic Justice. She specializes in macroeconomic policy, with a particular focus on finance.

Blakeley's new book is Stolen: How to Save the World from Financialisation.

At the Guardian she tagged the five best books on the power of banks, including:

Capitalism is ... not simply an economic system, but a social and political one, too. As Astra Taylor observes in Democracy May Not Exist But We’ll Miss It When It’s Gone, the principles of democracy – solidarity, interdependence and community – have been corrupted by the logic of financial capitalism: greed, exploitation and ruthless competition. As the elite uses its power to tilt the rules of the game to its advantage, Taylor calls for a radical rethink not just of capitalism, but of democracy. The only way to solve the crisis in capitalism is for the interests of those who live from work to trump those of people who live off wealth.

Read about the other books on the list.

--Marshal Zeringue