@moneyontheleft.bsky.social is leading the way on how to finance more public needs/goods without falling into neoliberalism's usual traps.
Here, @publicporpoise.bsky.social + @videotroph.bsky.social describe how a public bank + public bonds can create a positive "loop."
bsky.app/profile/mone...
Posts by Scott Ferguson
Tree canopy coverage of 30% is a worthy goal. The limiting factor (as usual) is funding, with the cost ~$500M. This is yet another reason we must work to bring even more people into our #TaxTheRich efforts + educate one another about other ways to fund public goods, including public bank-bond loops.
It would be great if Graeber’s commentary in “Bullshit Jobs” was about how the jobs people and communities want don’t exist, rather than a libertarian diatribe about how public employment always metastasizes into bullshit.
When you get your first paper set from a new class and they are filled with awkward sentence constructions, sloppy quote integrations, ham-fisted transitions, and homonymic language errors.
“Unless we are open to new approaches to university finance, we will remain trapped by the austere logics that are destroying our cherished institutions.
Unless we are willing to act imaginatively and fearlessly to save our universities now, we will soon find that there is nothing left to save.”
The vandalism disguised as “budget responsibility” continues.
Cc: @shecarrieson.bsky.social
Excited to welcome @annakornbluh.bsky.social, Sianne Ngai, and @ryanrkerr.bsky.social to the CTRG annual conference!
There’s a union buster conference going down in Tampa…Ybor no less.
My great grandfather was a unionized cigar roller in Ybor back when it was still a Spanish/Italian/Cuban neighborhood. Union busters can go to hell.
#UnionBustingIsDisgusting
#unionstrong #1u
Depression-era municipal scrip issued by the city of Detroit
The phrase “complementary currency” suggests a binary with official currency that is descriptively wrong. The dollar is already a hybrid of credit forms, created and retired through different institutions, tied to different obligations, and coordinated through public design.
1/
Then I got really lucky hehe.
We can turn the screw again to think about how the historiographer/author/eye is an infrastructural achievement with its own history rather than an outside or purely immanent position as it is often romanticized
history is unfixed; reactivating the archive - even from absence, or destruction, or silence (so many archives are hollows/negative spaces/chiaroscuro to begin with) - is always possible: the animating force is the speaking/compositing eye of the historiographer, i.e. narrative (or apophenia).
It’s more like history’s backstage
There is no dustbin of history. For better and for worse, archives can always be reactivated in new combinations
talking about it as a commodity. Neutral - this is monetary silencing.
So glad we have an experiment to tell us that we can raise the minimum wage. What a relief. @moneyontheleft.bsky.social has monetary experiments ready to go and many scales.
Cohosts Natalie Smith and Will Beaman discuss mutual aid, highlighting the potentials of its often neglected monetary and linguistic dimensions.
“Money is … treated either as a false identity or as a site of identity’s failure.
I want to start from a different premise.”
Establishing a public bank that regularly purchases municipal debt would not only significantly expand a city’s fiscal capacity to support its communities and environs, but also reclaim regional public finance from a parasitical and punishing bond market.
We recount the events surrounding Elon Musk & the DOGE boys’ unconstitutional takeover of the Treasury’s Bureau of Fiscal Service, while explicating the right-wing theory of the “unitary executive” that underwrites such actions.
Thanks for reading!! The other motive here is displacing the profit and tax revenue financing mechanisms in the first place, to enable direct money creation rooted in real capacities. It’s a “non-reformist reform” in that other sense too!
Why would you trust orthodox economists? None predicted the GFC and there explanations for economic activity are rooted in Newtonian physics. So much so money is not even defined or indexed in their textbooks. It is conservative pseudo science with historical links to fascism & white supremacy