Excited to share our latest episode which, unlike our standard releases, was recorded 11 years ago in 2015, 3 years before the MotL podcast began. Here I speak with my friend Mario Rendina about his 30+ years of experience working in public job training & placement within municipal government.

That's why universities need Loops of their own.

'HUMAN BEINGS HAVE NEVER EXISTED OUTSIDE MONETARY RELATIONS BECAUSE THERE CAN BE NO SOCIAL TIME OR SOCIAL SPACE THAT IS NOT ALREADY STRUCTURED BY FORMS OF MUTUAL OBLIGATIONS AND COLLECTIVE COORDINATION' moneyontheleft.org/2026/06/20/t...

"What if money is constitutive of social life as such? From this perspective, money is not fundamentally a means of exchange, a creature of the state, or a technology of debt, but the process of organizing interdependence, sharing, and common action." moneyontheleft.org/2026/06/20/t...

There are plenty of nuanced criticisms to be made about MMT, but the notion that MMT proposes "merely technical fixes" is a specious, oft-repeated leftist trope, which typically functions to firewall authentic left organizing & activism against MMT's genuine political import & implications.

If you haven’t read this yet, fix that as soon as possible: it’s a beautifully crafted response to a great album. And if you teach literature, you might want to consider using the second and third paragraphs as an example of how close reading works.

A must read! Not your dad’s barter myth essay! Goes so much deeper! Happy father’s day weekend!

Good morning, friends! Today's the 8th day of Early Voting. Counting today, we've just 4 days left to shift the balance of statewide power in New York. If we win most of these primaries, the Left will be able to contest for universal health care, child care, housing—and force Hochul to #TaxTheRich.

Friends, over the next 3 weeks I plan to use my account mainly to boost Leftist NYS Assembly primary campaign posts. I want to direct maximal attention to them because to shift the balance of statewide power next year, we must win ≥7 of them. (If you need to mute or unfollow me, I understand.)

It’s the people stupid.

There are no exogenous shocks - this terminology is an “ideological pathology”

I say this as someone who canvassed for Z since Dec 2024: THIS YEAR'S PRIMARIES ARE WAY MORE IMPORTANT. Why? Because to actually deliver Z's agenda, we must replace many NYS Assembly members standing in the way. If you want #TaxTheRich and all the things it'll provide, focus on the Assembly now.

Historians don’t just help prevent historical catastrophes from being repeated. They loosen the aura of inevitability and naturalism that surrounds everyday dysfunctions

I do appreciate the rhyming

The chilling thing about this Nazi eugenics poster that counts how much a disabled person’s life costs to the German taxpayer is how CONVENTIONAL the economic argument is. This is the message of “taxpayer money” as a mechanism for public finance. You are either making money or costing money.

One of the most exciting possibilities about public banking is transforming corrupt local institutional landscapes that force even progressive officeholders to make deals with private wealth.

Fuck around & do some Democratic Public Finance.

Wall Street investment banker says, Seattle should definitely NOT try to create a public bank. “I can’t fathom how that would actually work, if I can’t make money.” He looked increasingly concerned as we mentioned the public banking movement across the US.

Lots of updated resources at moneyontheleft.org

I wish we could tax politicians and media for saying tax payer money

www.facebook.com/share/v/1LGi... The slush fund should be an opportunity to abandon “tax payer money” rhetoric and start calling it public money. It remain abhorrent w/o resorting to the historically racist logics of the tax payer.

The debt collective should apply for the $1,776 billion on behalf of student debt holders who are experiencing the weaponization of the dept of education against them.

Take some time to explore our website.

“Instead of trying to cajole & bribe the private sector, into building more wind, solar, and other zero carbon power, we should look to our historical past precedents, like public power, and actually just do it ourselves. Why not have our elected government build large scale clean energy projects”?

@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.