Benjamin Wilson
@wilbenjamin.bsky.social did:plc:d2o3mjpaazbqqydu66udftaw
🏂🌅🌆💰📓♾️
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Zusammenfassung
Benjamin Wilson (@wilbenjamin.bsky.social) ist seit 20 September 2023 auf Bluesky. Das Konto hat 468 Follower, folgt 122 Konten und hat 146 Posts veröffentlicht.
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Shoutout to Thomas Hanna, Tom Sgouros & Halah Ahmad! Their Climate and Community Institute report ran 1,000 simulations of an SF Public Bank: 5,000-6,000 affordable homes, 1,200 small business loans & 5x more local lending. climateandcommunity.org/research/the...
Post anzeigenTreating the banking industry's accumulated knowledge of financial shenanigans as a reason to defer to it is like hiring arsonists because they're experts in how fires spread. I understand wanting to defer to expertise in the era of RFK Jr., but banking is not a science, it's civics.
Post anzeigen“The tragedy of the neoliberal “bailout state” is not that it courts “moral hazard,” violating the apparently sacred principle that all institutions &orgs should be self-funding…bailouts are unjust simply because they mobilize public credit…2 rescue big capital, while abandoning the rest of us...”
Post anzeigenWe must unlearn the deception that public funds "come from" taxes. The truth is that taxes are public collections of private funds created by private banks using credit that they were granted BY THE PUBLIC. To demand full funding of all basic needs, organized majorities must understand this fact.
Post anzeigenTwo things one hears often in Left spaces: "They've got money, we've got people" + "to pay for it, tax the rich." But the fuller, more powerful truth is that the Left can build monetary power—for money is a product of politics. Public finance is the terrain of struggle that connects to all others.
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