Section 5: Using a Decentralized Autonomous Organization to Manage the Currency In order to ensure that the community currency is transparent, fair, and accountable, the steering committee may consider setting… Board Voting Members Membership Required You must be a Board Voting Members member to access this content. Join Now Already a member? Log in hereRead More
Section 3: Creating a Berkshares-style Community Currency in Detroit Creating a Berkshares-style community currency in Detroit involves several steps, including forming a steering committee, establishing a local bank to issue… Board Voting Members Membership Required You must be a Board Voting Members member to access this content. Join Now Already a member? Log in hereRead More
What is it?Predatory lending has had a devastating impact on Detroit, and has contributed to the economic struggles faced by many of its residents. Predatory lending refers to financial products or services that are marketed to people who are in a vulnerable position, often through deceptive or manipulative tactics, and are designed to extract as...Read More
The Secret’s OutIt’s no secret that black Americans have been economically suppressed for decades. From discriminatory lending practices that have kept them from accumulating wealth, to the disproportionate targeting and punishment by the criminal justice system, the economic system has consistently disadvantaged this population. This has been explicitly shown to be true in Detroit. But...Read More