Seizing the Public Banking moment - article series

people over profit

Photo courtesy Occupy.com

 

Matt Stannard has launched the first of a ten-part series on the Public Banking movement in Occupy.com. It will feature interviews with economists, historians, and activists of varying levels of involvement in the economic justice movement in general, and the public banking movement specifically.

Matt Stannard writes:

"Recognizing that the generation and value of money are artificial, and that how we pay for things is fundamentally a political question, advocates of financial democracy see banking – the power to lend money and to create value through the act of lending – as an enormous power. Such power should be democratic, not autocratic."

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