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 Rosalinda Natividad

Rosalinda Natividad is the Founder and CEO of Incite Network, which empowers change-makers along the U.S.-Mexico border by securing grant funding and supporting strategic planning for equitable community impact. She leads efforts to amplify the work of underfunded organizations, driving...

Conversation with Tariq Al-Olaimy

Tariq Al-Olaimy is the co-founder of Recipes for Wellbeing, a non-profit dedicated to fostering the wellbeing and resilience of impact organizations worldwide. Through his work at the intersection of the Systemic Sacred, Tariq integrates faith, sustainability, and systemic change to...

Conversation with Arbind Singh

Arbind Singh is a social entrepreneur and activist working with informal workers and their children in India. He founded Nidan in 1996 which along with various offshoots today works with more than 10,00,000 informal workers for better laws and polices,...

Conversation with Natalia Linou

Natalia Linou (Linos) is a policy specialist at the United Nations Development Programme (UNDP). Her current role as part of UNDP’s HIV, health and development team is focused on the prevention of non-communicable diseases and on developing an emerging area...

Conversation with Cassandra Ferrera

Through the work of ethical land transitions, Cassandra works to transform conventional real estate practice in service to Land, cultural reunion, and reparative justice. Becoming a person of place is Cassandra’s orienting cosmology, and her activist real estate career is...

Conversation with Alfredo Jose Brillembourg

Alfredo Jose Brillembourg is the founder of Urban–Think Tank Design Group, with offices in New York, São Paulo, Caracas, Oslo, Geneva, and Cape Town. Through his leadership at Urban–Think Tank, he has spearheaded innovative architecture and urban design projects globally,...