Future of Public Banking – Professor Richard Wolff just finished another book. The sub-title is: “When Capitalism Fails to Save Us from Pandemics or Itself.” Longtime critic of the private for profit banking system, Ellen Brown, campaigns to return control of money and credit to states, cities, and communities. She invited Richard Wolff to a an interview on Zoom on December 17, 2020. The 30 minute conversation is archived on the YouTube channel of the The Public Banking Institute, founded in 2011 by Ellen Brown.
She is an attorney and author of 12 books, among them “Web of Debt” and “The Public Bank Solution”. Here she traces the history and evolution of the current private banking system, showing how it took the power to create money away from the public, and how the people can take that power back through public banks that operate in the public interest.
Richard Wolff is Professor of Economics Emeritus at U Mass, Amherst, and a Visiting Professor at the New School University in New York City. He’s the founder of Democracy at Work and host of their nationally syndicated show Economic Update.
Podcast: Play in new window | Download (Duration: 29:00 — 39.8MB)
