When Vinny discovered Caroline Shenaz Hossein's The Banker Ladies in audiobook format, he had found something rare: rigorous scholarship on Black cooperative economics that's accessible beyond the academy. Caroline is a Canada Research Chair in Africana Development & Feminist Political Economy and Full Professor of Global Development & Political Economy at the University of Toronto, founder of the Diverse Solidarity Economies Collective, and a Member of the Royal Society of Canada. For over fifteen years, she's researched ROSCAs, rotating savings and credit associations, informal banking systems used by over 200 million people globally. In the Caribbean and around the world, this type of mutual aid is celebrated. Yet in North America and Europe, these systems are criminalized, and their operators stigmatized. Their conversation explores what determines who's allowed to organize money, why established financial technologies are treated as innovations when commercial banks copy them, what citational justice means across sectors, and how making these systems visible transforms who we recognize as economic experts.
Guest Links
- Africana Economics / DISE Collective
- DISE Socials: LinkedIn, Instagram, Bluesky
Referenced in this episode
- The Banker Ladies film (Films for Action)
- The Banker Ladies book (University of Toronto Press)
- ROSCA Network Canada
- Community Economies Research Network
- Collective Courage, book by Jessica Gordon Nembhard
Click here to view the episode transcript.