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:

What one county agency is doing to keep its employees whole

From Cheryl Splain / Knox Pages: The Knox County Department of Job & Family Services has implemented a two-pronged approach to improve the wellbeing of employees. One addresses immediate needs through counseling and additional employee benefits and then a longer...

Conversation with Beth Sawin

Elizabeth Sawin is the Director of Multisolving Institute. Beth is an expert on multisolving actions that address equity, climate change health, well-being, and economic vitality as integrated issues. She developed the concept after studying bright spots around the world where...

Conversation with Deepa Iyer

Deepa Iyer is the co-founder of Ayeko Farms, an initiative focused on sustainable agriculture and building community resilience through farming practices. She works to promote environmental sustainability and social equity by fostering deeper connections between communities and the land. Deepa...

Conversation with Ai-jen Poo

Ai-jen Poo is the President of the National Domestic Workers Alliance and Director of Caring Across Generations. A nationally recognized expert on elder care, family care, the future of work, gender equality, immigration, and grassroots organizing, she is also the...

Conversation with Alison Guzman

Alison Guzman is the Country Program Co-Director of MAPLE Microdevelopment Chile. As the co-director of a team based in Wallmapu (Mapuche Ancestral lands), they apply decolonizing methodologies, where indigenous local knowledge and local wisdom-based systems are prioritized to enhance an...

How going solar is helping U.S. schools save millions

From Nikolay Nikolov / Mashable: School districts in the United States are switching to solar power to save money on utilities and sell extra power back to the power grid. They use the savings to increase teachers’ pay and upgrade...