Reposted by Public Bank NYC
As Daniel Wortel-London rightly notes, redistribution isn’t a substitute for transformation. NYC’s next mayor must change who owns and controls our economy.
Fortunately, communities have long had the solutions—from CLTs to worker co-ops to public banking. 🧵
nydailynews.com/2025/06/26/m...
nydailynews.com
Mamdani & NYC’s unaffordable economy
The promise of taxing the rich to fund social services propelled Zohran Mamdani to victory in Tuesday’s New York City Democratic mayoral primary. His campaign vows to reverse decades of socia…