Why Public Banking is the End Goal of the Divestment Movement
by Phoenix Goodman
Posted July 10, 2018
Something big is starting to happen in the world of activism. Grassroots campaigns are beginning to coalesce into coherent, focused missions with definable outcomes.
The Divest campaign is a classic example of how the People can have a tangible effect on society by speaking the language of the dominating classes: money.
Divestment is what it sounds like: removing public investments from corporate institutions, and repurposing them into organizations which will benefit the common good. This means leveraging the collective will through mass individual actions to force the perpetrators of corrupt and unscrupulous behavior to directly lose profits; in essence, to divest is to boycott. More…