https://chieforganizer.org/wp-content/uploads/2020/02/CN02202020.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans A reporter, Jed Kolko, with the New York Times seems to be connecting the dots in an interesting and important way. In a recent article about some of the unintended consequences of geographic inequality being concentrated in certain cities, he pointed out several things. …
Tag: economic justice
Crisis of Accountability for Microfinance in India
New Orleans Microfinance has many positives, but should never be confused or misnamed as a “poverty reduction” strategy. There is simply no way to reduce poverty through debt. Microfinance or microcredit or micro-lending or whatever the name has a value for the poor as a way to access minimal credit to create or improve livelihoods, …
Santa Barbara Finally Pulls Up Short
Quepos It was an extra present under the palm tree to read in the pre-dawn that Santa Barbara Bank & Trust was being pulled out of the business of factoring RALs, predatory refund anticipation loan for Jackson & Hewitt and other companies in the viciously competitive tax services market for lower income and working families. …