The article is part of the 'Truth to Power' series, featuring an interview with Oscar Perry Abello about his book 'The Banks We Deserve'. Abello discusses the intersection of community banking and social justice, emphasizing how local banks can mitigate issues like racial disparities, poverty, and climate change. He reflects on his experiences as an economic justice correspondent, linking various stories that illustrate the importance of community financial institutions in fostering a more equitable banking landscape. The conversation highlights the urgent need for reform in the banking sector to better serve local communities and address systemic injustices.
Oscar Perry Abello expressed the importance of local community banking in combating racial disparities and climate change, advocating for a more locally controlled banking system.
He emphasized that community banks have historically succeeded in providing substantial support for local economies, unlike big banks, which tend to overlook community needs.
Collection
[
|
...
]