@greenbackbetter.bsky.social @moneyontheleft.bsky.social

Coordination rights are fundamental to the process of building resilient communities and determine whether social provisioning systems are “collective” or “concentrated.”

Exhibition 72,668,891 that orthodox economics sucks. With friends like this in the academy… www.instagram.com/reel/DXrtbtM...

Mr. Robot said: "Behind every great fortune lies a great crime; that is the corporate motto of these United States. You wanna oink-oink with all the other capitalist pigs? It’s not about how much money; it’s about robbing money itself." Subjecting public budgets to private bond markets is robbery.

The recursive quality of this is important. Those of us @moneyontheleft.bsky.social thinking through public finance could only dream that the legal architectures we are learning from would later be revisited and extended by people who helped build them in the first place.

"Profit is unmasked as an incomplete and often misleading stand-in for the more specific and institutionally mediated conditions under which public action succeeds."

Tired: 🥴 Democratic Socialists balancing the budget 🥴 Wired: 🔥 Democratic Municipal Finance 🔥

When people just do stuff privately to take care of others, there's no ledger keeping track of all the good created. But all this work has *public* value. Currently, public finance both depends on and fiscally hides this "private" work; Democratic Public Finance would give it its proper public due.

Beautifully said!

@publicporpoise.bsky.social + @videotroph.bsky.social show us how to design public finances to serve the public interest. In their proposal for a fully public "loop" for Seattle, city bonds are bought by a city-owned bank—thereby bypassing the private bond market entirely. bsky.app/profile/mone...

Money is just a politically constructed means of organizing resources. Both NYC + NYS have plenty of resources to meet everyone's needs, but neither has enough $ to do so because neoliberal versions of "fiscal reality" have captured the minds of even most Leftists. We must un-indoctrinate ourselves.

✨ New transcript! ✨ You can now *read* as well as listen to our April 2026 episode, featuring heterodox economist Ely Fair. moneyontheleft.org/2026/04/01/p... Please share!

There is a way to radically loosen Wall Street's grip on cities' finances—if we are bold enough to envision and organize for it. @greenbackbetter.bsky.social of @moneyontheleft.bsky.social helps us envision an alternative way to "rate" public bonds.

The Council for a Common Good Economy is an international council of leading economists to challenge these assumptions and set out the economic thinking that progressive governments need. More here: www.ucl.ac.uk/bartlett/new...

Really interesting and exciting proposals. Ambitious policy makers should certainly be taking this seriously.

Can cities avoid being subject to the neoliberal constraints of private debt markets in order to fund public projects? Yes—if a city's public projects are funded by public bonds that are, in turn, bought by a public bank. Here, @greenbackbetter.bsky.social anticipates and addresses key objections.

Read this folks. As noted, "that's just how banking works."

From the “Save MGNREGA” nationwide agitations to defiant resolutions passed in thousands of Gram Sabhas, the people of India are actively fighting to reclaim their right to work. moneyontheleft.org/2026/03/01/c...

✨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...

For @robbhawkes.bsky.social & @moneyontheleft.bsky.social, “the present logic of monetary design […] is not and has never been inevitable – we can design another, more inclusive and sustainable system just as we can redesign our banknotes.” Help us rethink money here: forms.office.com/e/P8zWXQAtY9

✨ 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

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! 👩‍💻 🙌

"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."

A Really a beautiful piece

Great episode. Both a much-needed, if largely implicit, counter to the apparently growing consensus that UBI is somehow a solution to polycrisis and a reminder to Western fachidiots and doomscrollers that there’s a whole wider world of worker struggle to resist and build in solidarity with.

Money is not the problem The Ontology of the Monetary Image: Référance and Reconstruction moneyontheleft.org/2026/03/14/t...

The Uni Project!

Excellent thread 🧵!

Worthwhile piece with creative ideas. (Municipal finance is so complex and arcane - and there are so many weird private profit loops built in) Send some greenbacker energy zohran's way

Not only is this a betrayal to core campaign promises, he’s using neoliberal rhetoric to paint libraries as “costs” rather than capacity. i.e. what @moneyontheleft.bsky.social calls Neoliberal Public Finance. moneyontheleft.org/2025/10/10/d...

CFPB Union members pack the room as @darrickhamilton.bsky.social testifies before the HSFC hearing on affordable housing. Working families can't afford housing if they are left without protection from cheats and fraudsters. Trump and Vought have shut that protection down by sidelining the CFPB.

✨ New transcript! ✨ Now you can read 👩‍💻, as well as listen to 🎧 our conversation with @creightt.bsky.social from @nteu335.bsky.social about the struggle to save the Consumer Financial Protection Bureau (CFPB). Please help spread the word! moneyontheleft.org/2026/02/01/d...

Great thread 🧵 Delgado is the superior choice for NYS! These fiscal designs are all the more reason to fight for democratic public finance @moneyontheleft.bsky.social

Enjoyed my first ever long-form podcast conversation (I know, late to the game) with @moneyontheleft.bsky.social about my union’s heroic efforts to keep the CFPB alive. Check it out!

I've seen videos of the indiscriminate use of tear gas on a large crowd that was clearly peaceful and filled with Portlanders of all ages, and well off the macadam facility. We banned tear gas for a reason. I join Councilor Green in calling for enforcement of our laws.

I just got tear gassed along with thousands of union members, many of whom had their families with them. Federal agents at the ICE facility tear gassed children. We must abolish ICE, DHS, and we must have prosecutions. I expect to see enforcement of our city code prohibiting the use of tear gas.

No person or group is a drain on public resources without planned austerity as the background condition. If you want public resources to serve more people, you hire people to produce more robust public resources. Public resources are a factor of public employment.

This is a brilliant line that should make a lot of folks…in both parties…very uncomfortable. Yes. Good.

Very cool post from @greenbackbetter.bsky.social at @moneyontheleft.bsky.social about the politics of design.

The article by Will Beaman corresponds closely with the position I took in my review of Heather McGhee's book The Sum of Us. www.researchgate.net/publication/... Du Bois' "psychological wage" describes a host of tangible benefits to the white working class.

Yes

“If CUNY is successful in developing internally owned-and-operated substitutes for any or all of its Software As A Service (SaaS) contracts with for-profit EdTech firms (and their private equity owners), the development costs will very rapidly pay for themselves”

A key counter-argument to this trash is that money creation is the rule, not the exception. Also, if excessive so-called “money printing” has shown anything, it's that depoliticized out-of-control credit creation for private speculation & profit leads to profound political inequality & instability.

This is precisely the time for BFI…Big Fucking Ideas.

Go build a couple luxury space camps while you’re up there and feel free to invite all the rest of the oligarchs… the sooner the better

The UK economy is not like a household, it’s much more like a spaceship with a vat of potato salad instead of a fuel tank and a shark-infested Olympic-size swimming pool instead of sleeping quarters for the crew. The sooner we all wake up to this reality the better. #PotatoSaladLens

Exciting stuff. Makes me think about the shared investments of the organizer and the historian, who both believe in this essay’s argument that the world is ours to build. Even the financial world.

Not to kink shame, but most economists are gravity pervs who disavow their own desire for the playful Looney Tunes pics they love to post in order to justify austerity. Unfortunately, this cuts across left & right orientations. Do better.