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 banks
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Public Banking Comes to the Territories
A new public bank in American Samoa draws attention to the poverty and inequality in America’s territories.
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Cutting Out Wall Street – And Putting the “Public” in Public Banking
Private interests’ influence over banking consumes, rather than sustains, the public good.
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Blackstone, BlackRock, or a Public Bank? Putting California’s Funds to Work
California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused the banking collapse of 2008.
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A Tale of Two Cities: Can the Public Banking Movement Learn How to Fight?
After Santa Fe ceded ground as the first metropolis ready to lead us into an era of public banking, the City of Los Angeles has jumped to the forefront of the banking revolution.
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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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Seizing the Public Banking Moment
Public banks can finance a quick post-carbon transition, guarantee employment in communities, facilitate payments of universal basic income, and ensure that state and municipal budgets are always healthy.
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Student Debt Slavery, Part II: Time to Level the Playing Field
Proposed federal changes will make it harder, not easier, for students to escape their debts, including wiping out some existing income-based repayment plans and harsher terms for graduate student loans. It's time to change that.
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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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The Public Bank Option: Safer, Local and Half the Cost
Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on Nov. 7, the nation’s second state-owned bank in a century could follow.