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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How Secret Wall Street Fees Are Bleeding Our Cities Dry
A new project launched by the Public Banking Institute, called "What Wall Street Costs America," shines light on the way that enormous fees being paid out by local governments to big banks are bankrupting communities across the country.
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The Solutions Are At Hand: Democratic Money and Capital for the Commons
Fascinating, creative initiatives around the world – from co-operative finance and crowdequity schemes to alternative currencies and reclaiming the public's control over money-creation – are emerging to strengthen the commons.
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The Populist Revolution: Bernie and Beyond
From the Syriza Party in Greece and the Podemos Party in Spain, to the rise of Jeremy Corbyn, Donald Trump and Bernie Sanders, contenders with their fingers on the popular pulse are surging ahead of their establishment rivals.
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Santa Fe Moves a Step Closer Toward Creating City-Owned Public Bank
A new study concludes that a public bank for the New Mexico city is both feasible and would have a positive financial impact – adding $24 million to city coffers over a seven-year period.
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A Law Abused: Why Dodd-Frank Is Killing Off Community Banks
The legislation was supposed to end "too big to fail" and promote financial stability, but Dodd-Frank’s “orderly liquidation authority” has replaced bailouts with bail-ins and threatens the existence of banks with assets under $1 billion.
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Turning Pennies Into Billion$: The Tiny Tax that Wall Street Fears
The financial transaction tax would limit the large-scale trades that economists say are now occurring far too quickly and creating the volatility that's again on display with the recent market plunge.
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Banking for the People: How "The Revolutionary Pope" Could Transform Our Monetary System
We need a strategy to eliminate the financial parasite that is keeping us trapped in a prison of scarcity and debt.
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Can Activists Turn the Bank of Canada Back into a Public Bank?
Canada’s privatization of public finance in the last 40 years has led to an unprecedented level of debt – now, a scrappy legal case for economic justice is seeking to reverse that.
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Can Public Banks Become America's New Engine Of Prosperity?
New bedfellows are writing what may be the next chapter in the story of our democracy: a network of public banks to facilitate a lateral, collaborative distribution of affordable credit that challenges Wall Street's control.
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How Public Banking is Winning the West
From Washington and Colorado to Arizona and New Mexico, the movement to create city and regional public banks is heating up.