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Money & Banking

System Change magazine highlights a year of bold ideas

The Democracy Collaborative and the Next System Project has published System Change, a magazine that captures the bold ideas and groundbreaking work of our leaders and scholars in 2019. read more
A private bank note from the 19th century

Money in the US: A Timeline

Money is a work in progress, not an immutable fact of nature. read more
A US Green Investment Bank for All: Democratized Finance for a Just Transition

A US green investment bank for all: Democratized finance for a just transition

In ways unimaginable just a few years ago, public banking and its potential for catalyzing a transition to a green and just future have been catapulted to the center of political and economic debate. read more
Tools are hung on a wall of a workshop with different colors overlapping over them.

Election-year debate: “Wish-list economics” or necessary transformation?

The Democracy Collaborative weighs in on “wish-list economics,” making the case that in the face of extreme crises radical solutions are practical solutions. read more
Bank of North Dakota

Celebrating 100 years of public banking

As it celebrates its centennial, activists are looking to the Bank of North Dakota as an example of how to regain democratic control over finance, and in the process confront a myriad of pressing problems, from the climate crisis to gentrification. read more

Social wealth funds as vehicles of economic empowerment

Gabriel Acevero, Jhumpa Bhattacharya, and Matt Bruenig discuss how social wealth funds work and the transformative role they can play in the financial security of individuals and communities. read more
Credit union

Credit unions

Credit unions are financial cooperatives owned by their account holders and can concentrate on maximizing their impact in the community and on the financial well-being of their members. read more
Banking on the People cover

Banking on the People: Democratizing Money in the Digital Age

Fixing our monetary and banking system requires more than tweaks to an obsolete system. This book proposes an overhaul of the monetary system itself—a rethinking of what money is and how it enters the economy. Yet, implementing this level of systemic change, history shows, is not as radical as it sounds. This book looks at how our banking system really works, the inherent contradictions in the model, and why regulation has not worked to fix them. It then explores some new developments and proposes a model that bypasses exploitation for private profit, read more
Element of the Democratic Economy: Social Wealth Fund

Social wealth fund

A social wealth fund embraces the collective ownership of assets to provide services and democratically distribute resources within a society or community. read more