Democratizing Finance: Origins of the Community Development Financial Institutions Movement

by Clifford N. Rosenthal

Book Overview

Decades before Occupy Wall Street challenged the American financial system, activists began organizing alternatives to provide capital to "unbankable" communities and the poor. With roots in the civil rights, anti-poverty, and other progressive movements, they brought little training in finance. They formed nonprofit loan funds, credit unions, and even a new bank-organizations that by 1992 became known as "community development financial institutions,"...

• Format: Paperback
• Language: English
• ISBN: 152553663X
• ISBN13: 9781525536632
• Release Date: November 2018
• Publisher: FriesenPress
• Length: 508 Pages
• Weight: 2.25 lbs.
• Dimensions: 1.0" x 8.0" x 10.0"