Public banking has the potential to play a massive role in financially powering the bottom-up revolution, empowering de-centralization and the move from hirearchy to horizontalism.
Imagine some to advocate for that actually pays for itself in many ways. Actually that's true for Public Banking, Single Payer healthcare AND elimination of privatized prisons.
Actually, perhaps what we need is a de-privatization movement-- undoing the damage that privatization has done under the cover of shock doctrine tactics. The first step would be to identify ALL the parameters and aspects of the commons that have been privatized-- from parking to water to underground natural resource and oil.
We are living in a nation where massive corporations have parasitized our resources, our institutions, our civic assets-- placing massive additional costs upon the middle class. We have a healthcare system that, unlike the rest of the G-20 nations, must carry the burden of health care for employees, making our industries less competitive.
We have a prison system that holds more prisoners than the rest of the world combined-- with massive costs, which ruins lives and corrupts the democratic election process.
We need to take that inventory of all the privatized aspects of our world and build a strategy, a unified strategy for de-privatizing as much as possible. We need to develop new ways of thinking about public and private, about the commons and how we handle them, how we reclaim what was ours and what the "top-down class warriors" have taken from us over the centuries.
I have a feeling that public banking, because it can make such a difference, could be a major linchpin that helps change the balance of power between the forces of top-down and bottom-up.
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