Why cities should stop fighting big banks and create their own

(Credit: Getty/Vaniatos)

Six years have passed since Occupy Wall Street called attention to one of the most vexing problems of our time: an abstract financial system that concentrates prosperity at the top, produces massive inequality and drowns working people in unpayable debts. It is worth noting that some of the largest Occupy encampments occurred in some of the most liberal cities: New York, Oakland, Los Angeles, Boston and Chicago among them. Indeed, it is difficult to reconcile how...

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