Banks For The People

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.

Click here to read the full story on Noema.

Issue Areas:

Community Wealth Building, Financial Institutions, Public Banking

Impact Areas:

Creating New Economic Paradigms, Distributed Trust and Power, Redefining Institutions

Actors:

Government, Lending, Banking, and Financial Institutions, Workers / Labor Unions

Communities Served:

—

Strategies:

Trust in Institutions

Success Factors:

Community Control and Ownership, Cultivating Collaborations, Eliminating Barriers, Empowering People, Expanding Access, Practicing Human Centered Design, Providing Cash Instead Of Goods/Services, Remixing The Talent Pool, Using Creative Financing

Geographic Region:

North America

Countries:

United States

Date:

March 2, 2023

More Resources:

Conversation with Ashish Kothari

Ashish Kothari, based in Pune, India has helped found or coordinate a number of organizations, movements, and processes, including Kalpavriksh, Vikalp Sangam, ICCA Consortium, Radical Ecological Democracy, and the Global Tapestry of Alternatives. He is co-editor of Alternative Futures: India...

Conversation with Mariana Madureira

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Conversation with Thomas Legrand

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Conversation with Donna Norton

Donna Norton is a founding member of MomsRising and serves as MomsRising’s Executive VP and Chief Advancement & Strategy Officer, helping to develop and drive the strategic direction of MomsRising’s agenda. Norton is an innovator and strategic manager with more...

Why one Ontario town moved to a four-day workweek

From John Michael McGrath / TVO Today: Local government staff members in Zorra can choose to opt-in for longer workdays four days a week in exchange for three-day weekends. The change allows for more flexibility, productivity, and employee satisfaction. Read...

What America can learn from Canada’s new ‘$10 a Day’ child care system

From Jackie Mader / The Hechinger Report: The $10 a Day initiative, which started in British Columbia and is now being expanded throughout Canada, subsidizes child care centers so that tuition for families can be capped at a more affordable...