Just Money: Banking as if Society Mattered
Learn how banks can use capital as a tool to promote social and environmental wellbeing.
Just Money: Banking as if Society Mattered
Learn how banks can use capital as a tool to promote social and environmental wellbeing.
Do you know what your bank does with your money? What is the role of a bank in producing societal well-being?
What you'll learn
- The core principles of just banking
- How finance can be used as a tool for social and environmental change
- The impact of different forms of banking on societal well-being
- Ongoing challenges for just banks
- The future of just banking and financial technologies
Meet your instructors
-
Urban planner and political scientist -
Post-Graduate Fellow -
Lecturer
J. Phillip Thompson
J. Phillip Thompson
Urban planner and political scientist
Phil Thompson is an urban planner and political scientist. He received a B.A. in Sociology from Harvard University in 1977, a M.U.P from Hunter College in 1986, and a PhD in Politic Science from the City University of New York Graduate Center in 1990. Phil worked as Deputy General Manager of the New York Housing Authority, and as Director of the Mayor’s Office of Housing Coordination. Phil is a frequent advisor to trade unions in their efforts to work with immigrant and community groups across the United States.
Lily Steponaitis
Lily Steponaitis
Post-Graduate Fellow
Lily Steponaitis is a Post-Graduate Fellow at the MIT Community Innovators Lab. Her work focuses on banks that use capital as a tool to build economic democracy and support social and environmental wellbeing. She received her B.A. in Geography and Economics from the University of North Carolina at Chapel Hill (2012) and her M.A. in City Planning from the Massachusetts Institute of Technology (2014).
Katrin Kaeufer
Katrin Kaeufer
Lecturer
Dr. Katrin Kaeufer is Lecturer at MIT’s Department of Urban Studies and Planning, and managing director at the Presencing Institute. Her research focuses on leadership, social transformation, and socially responsible banking. In 2021 she published: “Just Money. Mission-based banking and the future of finance.” (Cambridge: MIT Press, 2021) which was translated into four language and won an AXIOM award in 2022.