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Left Out creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
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Now displaying: 2019
Apr 24, 2019

On this episode, Left Out's Paul Sliker & Dante Dallavelle speak with Raúl Carrillo of New Economy Project and Tousif Ahsan of NYPIRG about the coalition effort to bring a public bank to NYC as part of a broader vision for economic and racial justice; commercial vs. public banking models; and how public money can work for the public good.

Timestamps of topics discussed:

  • Introduction to Raúl Carrillo (2:08) 
  • Intoduction to Tousif Ashan (4:58) 
  • What is the New Economy Project and Public Bank NYC coalition? (9:18)
  • Bigger picture: What is wrong with the current banking system and what is the case for public banking as an alernative? (13:36)
  • How a public bank would work in New York City: legally, financially, and economically (15:09)
  • Relationship with individual depositers: public banks versus commerical banks (21:41)
  • Listener question: Will public banks replace private commercial loans to companies?  (Plus: What’s the model for governance to make sure that the public’s money stays in the hands of the public?)  (23:17)
  • How different cultures have different relationships between people and the resources they generate (27:53)
  • On redlining and how banks "lend" money (29:18)
  • Existing public banking models vs. the Public Bank NYC model (33:12) 
  • A public bank as a nonpartisan project/institution (35:28) 
  • The relationship between big banks and alternative lending (38:55)
  • The structural effects of a public bank in NYC and how it might disrupt how existing commerical banks operate (41:18)
  • What are the biggest struggles and challenges to bringing a public bank to NYC? (44:45) 
  • Tactics for educating and promoting the concept and creation of a public bank (46:19)
  • Grassroots organizing for a public bank and the issue of scale (48:18) 
  • How to get involved in organizing and supporting the coalition for a public bank in NYC (50:20)
  • Organizing for a public bank in your community (52:17)

To learn more, support, or get involved in organizing with the Public Bank NYC coalition, please visit: www.publicbanknyc.org

Follow on Twitter: @PublicBankNYC

Follow on Twitter: @RaulACarrillo

Follow on Twitter: @NewEconomyNYC

Follow on Twitter: @NYPIRG

Mar 26, 2019

In this Left Out teaser, Raúl Carrillo and Tousif Ahsan explain the roles of divestment, investment, and the function of a public bank.

Our full episode with Raul and Tousif about the coalition effort to bring a public bank to NYC will air on Friday, March 29.

Mar 13, 2019

In this teaser, Raúl Carrillo explains how commercial banks work and the issue of redlining.

Check back soon for our full episode with Raúl Carrillo of New Economy Project and Tousif Ahsan of NYPIRG about the coalition effort to bring a public bank to NYC.

Feb 18, 2019

In this episode, we release an hour of unheard material from our conversation with Professor Erik Olin Wright, who sadly passed away this year on January 23rd, 2019.  Erik Olin Wright was a leading Marxian professor and public intellectual who taught at the University Wisconsin for over four decades.

It was truly an honor to be able to interview Erik Olin Wright, so much so that our long and rich conversation warranted splitting it up into different episodes. To hear the first part of our conversation, search "LEFT OUT: Erik Olin Wright on understanding class—a Marxian perspective."   

This series, in our opinion, is an indispensable conversation for those interested in class analysis from a truly Marxist perspective.

Rest in peace and power, Erik Olin Wright.

Erik Olin Wright website: https://ssc.wisc.edu/~wright/

Obituaries: 

https://www.nytimes.com/2019/01/30/obituaries/erik-olin-wright-dead.html
 
https://www.jacobinmag.com/2019/01/erik-olin-wright-obituary-class-marxism
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