Banks For The People

A dollar sign forms one of the columns of a stately building

From Piper French / Noema: Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the chase for profits.

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Erica Smiley is the executive director of Jobs With Justice. A long-time organizer and movement leader, Smiley has been spearheading strategic organizing and policy interventions for Jobs With Justice for nearly 15 years. Prior to taking up her current position...

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

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From Deepali Khanna / Forbes: India’s Governmental program MUDRA Yojana sets up small loans to microentrepreneurs. Combined with SEMA (Self-Employed Women’s Association), the aim is to bolster growth of women entrepreneurs, reduce poverty, and increase the number of women entrepreneurs...

From Emma Peaslee / NPR: A guaranteed income pilot program in Stockton, California, resulted in improved mental health and even increased full-time employment rates. The extra cash gave recipients who were struggling with poverty the mental and financial bandwidth to...

From Oscar Perry Abello / Next City: With funding from city governments, the nonprofit RIP Medical Debt acquires and cancels medical debt by negotiating directly with hospitals. The only requirement is being under 400% of the federal poverty line and...

Kay Watson is a researcher, producer, and curator working with art and advanced technologies, photography, and video games. She is currently Head of Arts Technologies at Serpentine where she leads the art and technology programme. She is a Trustee of...

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