This is brilliant, so why aren't more municipal governments doing this?

Seattle friends, check this out

Yes, more municipalities need to do this👇

🙄 Once you see it, you can't unsee it

One of the greatest tricks of neoliberalism is convincing leftists that institutional form and design are distractions from struggle and organizing, which happens inside the institutional forms that technocratic elites continue to design and revise.

Would you like to know more?

Pre-orders via the publisher are now up! May 12! It's coming! www.versobooks.com/products/312...

lol okay good luck running as a MAGA asshole in the election that will be all about the backlash to Trump

What’s crazy is private banks do that, while getting the stabilizing effects of the deposit activity generated by public funds.

The neoliberal story about feasibility is upside-down. A project is deemed feasible when it can generate the monetary returns that private investors deem as credible. But those returns are frequently produced by treating our capacity and infrastructure as a cost to be cut, deferred, or degraded.

@mayorofseattle.bsky.social @council.seattle.gov @yourcityseattle.bsky.social

It *absolutely* works at the state level. And California has already established a state-level legal framework for creating public banks, making this less of a political lift in California.

This is the birth of a great idea! I wonder if it could be expanded to state level. California? Oregon? Washington?

Note to Canada Post ….

By establishing a municipal bank, Seattle can purchase its own debt and “loop” the interest back to the city instead of to private creditors.

This seems pretty smart! If it's successful, I hope it catches on and becomes a trend in other areas!

How Cities Can Evaluate Public Investment Without Bond Markets, A Thread

"Regardless of what happens, public banking advocates in Washington see this as a win. There is no doubt that the public banking movement in the state is going to continue until they reach their goal."

Capacity-mogging the bondholders? Fellow kids? moneyontheleft.org/2026/04/03/h...

✨How Cities Can Evaluate Public Investment Without Bond Markets✨ In neoliberal parlance, “responsibility” means showing that private investors see public investment as credibly profitable for themselves. Alternative evaluative metrics can intervene in this. 1/ moneyontheleft.org/2026/04/03/h...

I wrote about alternative evaluative frameworks for municipal finance that don't depend on whether private investors feel confident they can profit from the city. Give it a read, share, etc. 💟

Bond ratings? How about go to hell My latest..

Live by the pathological denial of interdependence, die by the pathological denial of interdependence

This was unthinkable a year ago. I'd love to see a wider recognition that Palestinian activists achieved what so many said they could not. They've shifted the party on one of its most dogmatic issues with little-to-no access to the backrooms of power and despite facing intense backlash.

✨ MotL 89 is live! ✨ We speak with heterodox economist Ely Fair about his research into the institutions responsible for social valuation, maintenance & transformation at the neighborhood level. moneyontheleft.org/2026/04/01/p... Please listen & share! 🎧 🙌 * Transcript forthcoming

It’s gonna be Obama-mania and Gavin Newsom is gonna be Hillary Clinton

jupiter wishes you a very happy trans day of visibility 🏳️‍⚧️

As debt abolitionist & political theorist @astra.bsky.social of @debtcollective.bsky.social famously said: “We are not in debt because we live beyond our means, but because we are denied the means to live.” Are you familiar with #DemocraticPublicFinance? CC @moneyontheleft.bsky.social

Powerful words of Torah from @aminsky256.bsky.social. Go read!

Buenísimo. Ontología del dinero, nunca una identidad, sino una referencia flexible. Las organizaciones de lo económico, siempre impugnables

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Sneak peek into some collaborative work underway ➰ 🤩

We at @moneyontheleft.bsky.social are over-the-moon excited to be working on this project with key stakeholders in Seattle. Watch this space for more updates.

New!!! 🗣️ ✨ Introducing: The Seattle Loop ✨ Dive into our new interactive pamphlet to see how a municipal bank can empower the city of Seattle to expand its fiscal capacity & mobilize resources to care for the community & planet. Please read & share! 👩‍💻 🙌

This past Saturday I was invited to give a sermon at my synagogue. It was on a day where we do a singalong with the kids in the sanctuary so I only had 10 minutes, and the assignment was to talk about possibly one of the most boring parts of the Torah, but I love constraints! 🧵

Cringing at the realization that some Democrats are going to try to adopt the Nazi and KKK slogan “America First”

Trump 2028 will campaign on negotiating better Strait of Hormuz tolls

AI making academia worse is an outgrowth of economics making academia worse. Neoliberal economists started talking about markets as collective cognition—it’s literally the same case. Blame economists for more things

“[T]he Money on the Left approach insists that monetary design and contestation condition all shifts in pricing, no matter their alleged sources or causes [… and] we jettison the deceptive image of an automatic marketplace…” 🧵1/7

New from me: Visualizing Iran's blockade of the Strait of Hormuz, this map shows suspected Iranian military facilities, rocket/cruise missile threat range, and suspected mine zones. Importantly, it shows the new shipping lane Iran has opened that hugs the coast of Qeshm (bright green). #cartography

"The difference between cruelty and connection has to do with who keeps the ledger. If we think of money as a thing that can be hoarded that might prompt us to be cruel. But if we think of money only as an abstraction, that might prompt us to use it to coordinate care."

Saying “capitalism adapts to crisis” is like saying “cinematic space-time continuity adapts to editing and cinematography”

"Just as we shouldn’t let the president be the arbiter of when money can be spent, so too, we should not let the banks, traders, and hedge fund managers be the arbiters."

Had a fab time at Middlesbrough Town Hall this afternoon at the Curious Arts event ‘Our Middlesbrough: Many Roots, One Community.’ Thanks to all the brilliant speakers and to everyone involved 🌈

"I am going to spend the remainder of this drash talking about Democratic Public Finance. ... Today is the perfect day to talk about it, not just because of Parshat Tzav, *but also* because today is No Kings Day, *and also* the state budget is due on Wednesday." [email protected]

This essay introduces a critical theory of mediation developed by the Money on the Left Editorial Collective and demonstrates the value of the collective's thinking for current debates in media theory.

Strange to consider that if Hasan Piker was a white guy with Nazi tattoos who worked for Blackwater, these Democrats would be more welcoming of his economic populism.

NO KINGS