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Long Live Weelaunee.
Never before has society had the ability it does today to bring together different communities and resources in order to produce new knowledge. It is social, universal labour, and its private appropriation as intellectual property under capitalism stands in the way of liberating the enormous power of the collective to generate new knowledge and benefit people.
The war in Ukraine, a horrific tragedy for the people of that unhappy country, fateful as well for many young Russians and potentially menacing for all the world, with burnished weapons of every size and destructive power waiting in silos or submarines for a slip, a blunder, a provocation.
The relationship between Chile, the curtailment of its socialist reforms, and the ongoing processes in other countries in the region and in the Global South more generally have been systematically erased in Chile, from official historiography and media narratives alike.
This month, we discuss democratic possibilities for public finance with Saule Omarova, the Beth and Marc Goldberg Professor of Law at Cornell University and President Biden’s original nominee for Comptroller of the Currency. Her and Robert Hockett’s “finance franchise” metaphor for modern banking-–according to which the federal government is the franchisor and chartered banks are all franchisees–renders an often-times opaque system intuitive and readily politicizable.