Can Financial Cooperatives Beat Financial Capitalists at Their Own Game?

Unfortunately, with rare exceptions, socialists act as if money was some radioactive substance that can kill you instantly if you touch it.  Fortunately, this video shows there are some rare birds who understand that socialists need to deal with loans in order to build things. Specifically that worker coops will never get the loans they need from traditional institution and we must create our own. The beauty of this model is its ambition to give Wall Street a “run for its money over the long haul” as well as in the short haul.

Watch the video

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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