THE ORGANIZED MONEY CAMPAIGN
Our strategy
A progressive money network is a distinct means to an unfamiliar end—to build enough progressive power to influence both policy on a wide range of progressive priorities and financial practices at a national scale. The end is structural and system changes for the sustainable and equitable good in financial systems, and in public policies affecting your money and the U.S. economy.
Talk to People about Organized Money. The most common response to a new idea is “no.” We have plenty of evidence that our approach is not only plausible but effective.
Bring Progressive People & Institutions Together. Our effort to form a progressive financial network will require for overlapping efforts to organize key groups of people—progressive activists; progressive finance professionals, progressive activists, and finance professionals with progressive values.
Innovate. Success will come from practice, not from theory. Changes last when they come from well-tested marketplace innovations, and Organized Money documents innovations in our system that go back to Alexander Hamilton.
Organize Money. Broad-based efforts to organize progressive wealth are on the rise, driven by growing demand for new financing solutions to address environmental, racial, and other issues and injustices. On the other end of the capital pipeline, there is matching demand for impact-centered investment products. The groundwork is in place for growth.
Build Business Networks. A well-organized financial network is the best hope to build power and influence in support of progressive finance, policies, and outcomes.
Progressives have the means—the wealth, the knowledge, and the expertise—to transform the financial system in service to progressive values, for the common good and away from conservative outcomes.
WHO IS A PROGRESSIVE?
When it comes to organized money, a “progressive” is anyone to the left of the far right. That’s most people.
What IS Market fundamentalism?
The prevailing philosophy of modern financial industry practice, market fundamentalism is a belief that greed alone leads to positive societal outcomes and that markets are infallible in the actions they incentivize and the rewards they distribute. It is the product of willful distortion of the ideas of Adam Smith, the 18th century moral philosopher generally credit with explaining capitalism for the first time. (See the Conclusion of Organized Money for a complete discussion, starting on page 234.)
What is progressive finance?
In contrast to conservative finance—a system of private gains leveraged by public risk sharing—progressive finance is a balance of public and private gains based on public and private risk sharing.