How would a public bank work? | KALW

How would a public bank work?

Jan 24, 2019

 


 

On this edition of Your Call, we'll talk about how a public banking system could work.

 

Indigenous water protectors have pushed for cities to divest taxpayer money from private banks that financially support oil pipelines, and proposed creating public banks instead. Advocates say a bank funded by – and accountable to – the public could better direct its resources to community-serving projects. What would a financial institution accountable to the public look like?

Guests:

Jackie Fielder, Indigenous organizer, SFSU lecturer, and co-founder of the SF Public Bank Coalition

Matt Remle, community organizer, educator, writer, and co-founder of Mazaska Talks

Web Resources:

Washington Post: When banks abandoned American Samoa, the islands found a solution nobody had used in a century

Yes! Magazine: Standing Rock’s Surprising Legacy: A Push for Public Banks

SF Examiner: Questions remain as Treasurer’s Public Bank Task Force comes to a close