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Just Money: Banking as if Society Mattered

Access on MITx Online

This course is currently running as self-paced on MITx Online. Certificate enrollment is open.

About this course

Do you know what your bank does with your money? What is the role of a bank in producing societal well-being?

This course looks into banks that operate differently, namely, “just banks" that use capital and finance as a tool to address social and ecological challenges.

This course is for anyone who wants to understand the unique role banks play as intermediaries in our economy and how they can leverage that position to produce positive social, environmental, and economic change.

The instructors of this course have worked for over 15 years with just banks from around the world, as well as in the fields of community development, economic democracy, and social change.

No previous knowledge of finance or banking is needed to take this course.

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

Course staff

J. Phillip Thompson

Urban planner and political scientisty

Katrin Kaeufer

Research Fellow, MIT Community Innovators Lab MIT

Lily Steponaitis

Post-Graduate Fellow, MIT Community Innovators Lab MIT

Calvin Thompson

Strategic Development at Presencing Institute/Innovation Fellow Massachusetts Institute of Technology

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    16 weeks
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