Enough spooky shit.
05.03.2026 22:15
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The crucial task is to actively imagine and create the alternative.
This can be done at the state level as well. We just took the city as a test case here.
Graeber’s Utopia of Refusal
moneyontheleft.org/2026/01/02/g...
Defending the Consumer Financial Protection Bureau with Tyler Creighton
moneyontheleft.org/2026/02/01/d...
In this episode, we speak with Khush Vachhrajani, writer and national coordinator at the Social Accountability Forum for Action and Research in India, about his recent article in The Wire, “How to Kill a Golden Goose: MGNREGA Repeal Reveals More than it Hides.”
moneyontheleft.org/2026/03/01/c...
“Today, municipal finance remains trapped in an exploitative and convoluted cycle.”
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CONTESTING THE END OF INDIA’S JOB GUARANTEE
moneyontheleft.org/2026/03/01/c...
"Our plan ... replaces the opaque and volatile shadows of private intermediation with a transparent, public-facing mechanism anchored in the enduring fiscal authority of the city government."
"[M]unicipal finance remains trapped in an exploitative and convoluted cycle."
Contesting the End of India’s Job Guarantee
moneyontheleft.org/2026/03/01/c...
"Our goal is not to evade regulation, but to use the inherent elasticity of credit to activate municipal democracy and provision the public good."
Follow-up piece!👇
"[G]rounding municipal debt finance in a chartered public bank, regulated oversight, and direct access to central bank liquidity ... moves our model firmly into the light of the regulated banking system."
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✨New!!!✨
Suksawat & Ferguson defend their plan to mobilize public banks for municipal finance against claims of "shadow banking." They argue for moving public credit into the "light" of regulated banks in order to activate municipal democracy & provision the common good.
Please read 👩💻 & share 🙌 !
Contesting the End of India’s Job Guarantee with Khush Vachhrajani
moneyontheleft.org/2026/03/01/c...
An update on this. Turns out when you toggle NYC’s debt service profile between certain quarters and the amount dips and increases by large amounts. It’s mysterious. And there’s no data for three quarters after the pandemic. So this reporting/budgeting could be a relic of that disruption.
The new legislation replaces a demand-driven legal guarantee of rural work with arbitrary budget caps and centralized control.
moneyontheleft.org/2026/03/01/c...
This episode explores both the devastating effects of the repeal of India's rural job guarantee & the growing movement of workers, unions, and activists who refuse to let this Golden Goose go quietly, proving that the struggle for democratic accountability is far from over.
