Will There Be Banks Under Socialism? You Betcha!

Even under socialism, workers will need to save some of the surplus “for a rainy day”.
Socialists will have lending organizations to seed start-up projects. This 50-minute presentation and discussion covers four lending organizations that specifically help coops. They are The National Coop Bank; The Shared Capital Cooperative; Working World, and; The Coop Fund of New England. These funding agencies are crucial because they help coops to plan their future rather than making them figure it out as they go.
Watch video in GEO Coop

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