213. The People’s Ledger (part 1)

We dive deep into a provocative, radical blueprint for democratizing finance and taking control of the economy. A recent paper by law professor – and a favorite thinker of TMK – Saule Omarova offers a detailed plan for how to reengineer the Federal Reserve, totally restructuring its balance sheet, and “redefining the role of a central bank as the ultimate public platform for generating, modulating, and allocating financial resources in a democratic economy—the People’s Ledger.” ••• The People's Ledger: How to Democratize Money and Finance the Economy | Saule T. Omarova https://scholarship.law.vanderbilt.edu/vlr/vol74/iss5/1/ Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills Grab TMK gear: https://www.bonfire.com/store/this-machine-kills-podcast/ Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)