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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More Resources:

From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...

From Katharine Houreld / The Washington Post: GiveDirectly runs a program that gives a lump sum of cash directly to those in need, without needing to qualify with other specifications (such as school enrollment or vaccination status). Lump sum funds...

From Sarah Krueger / WRAL News: Step Up Durham’s Guaranteed Basic Income Program gives 109 people who were formerly incarcerated $600 a month, no questions asked. The purpose of the monthly payments is to help people who may need extra...

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

From Rhitu Chatterjee / NPR: A unique program in Bogotá called Manzanas del Cuidado (Care Blocks) provides free activities and services to unpaid caregivers in local neighborhoods. These services span everything from wellness classes to professional training to educational courses....

From Oscar Perry Abello / NextCity: In Louisville, community organizers are betting that a guaranteed income program will reduce community violence in disinvested neighborhoods – and protect against displacement of residents. Read the original story here. Find other articles about...

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