One of [the Next System Project’s] proposals that makes great sense is to expand the postal service into general services for people, like banking. It is a perfect way to do banking — not commercial banking, JPMorgan Chase giving someone $2 billion — but the kind of banking we all do. It would be

Biden’s list of policies is gargantuan compared to the time he’ll have for actual policymaking on day one. But environmental advocates and clean-energy boosters don’t expect a Biden administration to shunt energy and climate issues to the sidelines, even in a pandemic. “I don’t think climate can be

The U.S. Postal Service (USPS) is under attack and at grave risk. But with that many Americans are awakening to both the value of the USPS and the manifest dangers of privatization. The crisis has also sparked renewed interest in postal banking, a win-win approach that could both make the USPS more

“DC is taking its rightful place in the rising tide of cities who are designing and deploying comprehensive strategies to achieve reparative justice for all Black people in America. Our capacity for paying reparations and living by the ethics of reparative justice will not only provide redress for

Proponents of a genuinely just and sustainable society like Marjorie Kelly, executive vice president of The Democracy Collaborative, have criticized the BRT statement while arguing that what’s known as the triple-bottom-line approach to business—people, planet, and prosperity—is a step in the right

“Obviously, there is somewhat of a tension between one group seeking for housing to be affordable, which means low prices, and another group seeking continuing investment return, which requires not just high prices but continually increasing prices,” says Peter Gowan, policy associate at the policy

“It is unconscionable that Congress has failed to provide relief to the people of the United States for months, while continuing to roll out corporate bailouts programs. Our essential workers deserve access to PPE, we need our Postal Service now more than ever to help us deliver a fair election, and

Rather than standing by as a wave of corporate buyouts and consolidations undermine local economies and further exacerbate wealth inequality, social impact investors could become the agents of a sweeping economic transformation anchored in broad-based employee ownership. They could turn the current

Re-constructing American society with the focus of ensuring that All Black communities are thriving — that centers the perspectives, experience and leadership of Black people — will require a reimagining of the political economy of the country as well. For instance, can capitalism- an economic

According to Food & Water Action’s live tracker, 10 statewide moratoriums on water shutoffs and dozens of local moratoriums have already expired, leaving millions of people vulnerable to losing basic water services. “It is morally unacceptable to cut off people’s essential services like water

Part of ensuring the recovery from the COVID-19 economic slowdown works for everyone, not just the richest, could take the form of a state holding company with a mandate to support struggling businesses directly and to prevent the emergence of an “Amazon recovery.”

The Community Reinvestment Act was passed by Congress in 1977 to spur lending and investing in communities of color and lower-income neighborhoods. The CRA requires that deposit-taking banks reinvest capital back into the communities from where they draw those deposits. This requirement is based on

Across the political spectrum, conventional wisdom holds that technology and finance remain the greatest obstacles to moving society beyond fossil fuel dependency. Yet, neither is the real reason why progress on climate action has stalled for decades.

Executive summary The next financial crisis is all but inevitable. While its exact timing and severity cannot be predicted, both the accelerating frequency of crises in recent decades and the continued consolidation of the banking sector in an increasingly financialized economy suggest that we