The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
public banking
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Can Public Banks Help Re-Write Our Financial Worldview?
The case for public banking begins by deconstructing the creation of money and, in a fairly stunning revelation if you’ve never heard it before, discussing how banks create “new money” when they make loans.
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How the Public Banking Movement Hacked Cannabis Banking
The answer to unsafe cannabis cash, irresponsible private banking and economic inequality can be found in the democratization of banks.
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The Public Banking Movement Has Always Been About Justice
The most inspiring proponents of public banking, like the earliest religious banking advocates, recognized that wealth inequality is arbitrary and dehumanizing.
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The War On the Post Office
The U.S. Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.
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An San Francisco City Bank is Not Only Possible — It’s A Great Idea, Budget Analyst Concludes
There's nothing standing in the way of a public bank except the finance industry and political will.
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Amid Divestment Protests, More Cities Explore Public Banks
Supporters say public banks can enable more community-driven, character-based lending.
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A Bank Even a Socialist Could Love
The fight for public banking is gaining ground in cities and states across the country.
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In Praise of Class Traitors: Former Goldman Exec Runs for N.J. Governor on Public Banking Platform
Days after Phil Murphy’s call for a publicly-owned Bank of New Jersey sent shockwaves across state and national media, the proposal received an unexpected favor: Governor Chris Christie attacked it.
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Public Banks Could Break the Impasse Over Marijuana Money
Because marijuana continues to be classified as a Schedule 1 drug, private banks are effectively prohibited from fully participating in this market.
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Bank of North Dakota Soars Despite Oil Bust – Blueprint for a California New Deal?
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits – so what might California, with fifty times North Dakota’s population, do following that state’s lead?