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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.
A coalition of Black and brown community organizations and activists helped enact a first-of-its-kind democracy dollars program in Seattle.
Empowering Small Donors to Break the Vicious Cycle of Racial Exclusion in our Democracy & Economy
How Albuquerque Campaign Donors Do Not Reflect the City’s Diverse Population and Needs
The white, wealthy donor class that fuels Baltimore's 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.
How 27 states, counties, and municipalities empower small donors and curb the power of big money in politics
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.
Big-money politics is a key barrier to people of color achieving equal representation.
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.
Who is spending big money on elections, and what do they want?
The Financial Infrastructure Exchange (FIX) is a federal tax-and-subsidy program to promote long-term investment in a financial system that otherwise prioritizes short-term gains.
Buckley v. Valeo is a January 30, 1976 Supreme Court case that struck down key pieces of Congress’ post-Watergate money in politics reforms, and set the structure of modern campaign finance law.
“For let it be agreed that a government is republican in proportion as every member composing it has an equal voice in the direction of its concerns…” Thomas Jefferson Letter to Samuel Kercheval, July 12, 1816
The dominance of big money in our politics makes it far harder for people of color to exert political power and effectively advocate for their interests as both wealth and power are consolidated by a small, very white, share of the population.
Financialization is a major driver of growing inequality and undermines key sources of growth and job creation.