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.

Click here to read the full story on Noema.

More Resources:

From Duncan Agnew / Evanston RoundTable: Through a land trust, Community Partners in Affordable Housing sells homes to buyers at a fixed cost while maintaining ownership of the land they’re built on, allowing those who wouldn’t otherwise be able to...

From Saliem Fakir and Monique Atouguia / Mail & Guardian: An African Climate Summit was held looking at nature/natural resources centered conversations, where protecting the climate was upheld as a central necessity. Read the original story here. Read other stories...

From Patrick Greenfield / The Guardian: Curridabat, a city in Costa Rica has extended citizenship to the flora and fauna of the city (most notably pollinators) in order to enhance efforts to create more green spaces and healthier local ecosystems....

From Candice Helfand-Rogers / The Story Exchange: In Jackson, Mississippi, the nonprofit-run Magnolia Mother’s Trust is a guaranteed income program providing a no-strings-attached monthly stipend of $1,000 to Black mothers living in affordable housing to help them combat poverty. Click...

From Meaghan Tobin and Márvio Dos Anjos / Rest of World: Mumbuca is a digital currency used in Maricà’s basic income program. Residents, with few eligibility requirements, can qualify for a monthly stipend to purchase goods and services using a...

Vitor Del Ray is the Principal of Instituto GUETTO, an organization he founded to combat structural and institutional racism by empowering Black, Brown, and Indigenous individuals for the workforce and promoting social mobility. Through initiatives like Mapa Preto da Educação...

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