This case study highlights how New Economy Project and the Public Bank NYC coalition are pressing for the creation of a public bank for New York City, as part of a broader vision for economic and racial justice.
This case study follows the Texas Organizing Project as it worked to build power and equity for working-class Black & Latino communities in greater Houston after Hurricane Harvey—ultimately implementing a winning 3-part inside-outside strategy.
The Economic Democracy Project aims to highlight and develop strategies that Black and brown communities can use to build economic and political power—beginning with four case studies spotlighting community campaigns across the U.S.
Policy choices have allowed big companies to continuously use their power to preserve economic and democratic imbalances that maintain their wealth and influence at the expense of everyone else.
Until voters and elected leaders in Baltimore, Maryland took action to bring small donor public financing to their elections, big money in politics was a growing problem in the city.
Removing unnecessary hurdles to small donor participation will help fix a system that currently prioritizes wealthy, white, male donors over communities of color and working-class people.
Supporting Seattle's voter-approved Democracy Voucher Program — a system designed to empower small donors and the candidates they support in city elections.
Judge Kavanaugh's record raises serious concerns that he would expand the power of big money in politics, weaken voter protections, and insulate the president from the rule of law.
For four decades, the Supreme Court’s flawed approach to money in politics has gutted common-sense protections against the power of special interests and wealthy individuals. This defies our core democratic values.
What do people mean by “money in politics” or “campaign finance reform”? Running for office requires money—for staff, travel, TV ads, etc. In many countries, much of the cost of public elections is paid for by public funds, so the voters control the process and candidates are only accountable to their constituents. But in most places in the U.S., election campaigns are funded only with private money, most of it coming in the form of large checks from wealthy donors.
If the twin threats to public pensions continue, African American retirees may lose much of the retirement security they’ve gained over the past half-century.
Public financing of elections, as a state and local democracy reform, can help enhance the political voice and power of working-class people and people of color. It is an effective antidote to the outsized influence corporations and major donors currently have on both politics and policy.
