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Necessary evil : How to fix finance to save human rights

The Centre for Banking and Financial Law at the University of Geneva is organizing a conference by Professor David Kinley, Chair in Human Rights Law at the University of Sydney, on 21 November 2018 at 5:30 pm. Professor Kinley’s presentation will be based on his latest book Necessary Evil : How to Fix Finance by Saving Human Rights, published earlier this year by Oxford University Press.

Finance has been a major force for human progress for centuries and sometimes referred to as the fuel of capitalism. Yet it has periodically generated disasters too, from the Great Depression to the recent subprime mortgage crisis. Professor David Kinley spent ten years immersed in researching finance’s many facets to produce a book, published in May 2018 by Oxford University Press : Necessary evil : How to fix finance to save human rights.

He argues that while finance has historically facilitated many beneficial trends in human well-being, a sea change has occurred in the past quarter century. For him, since the end of the Cold War, the finance sector’s power has grown by leaps and bounds, to the point where it is now out of control. Kinley suggests policies that can help finance protect and promote human rights and thereby regain the public trust and credibility it has so spectacularly lost over the past decade. In this conference, he will present his views on how to make global capitalism a fairer and more effective vehicle for improving the lives of many, and not just providing for the comfort of a few.

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