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General News    H4'ed 8/1/19

100 Years Ago, Farmers and Socialists Established the Country's First Modern Public Bank

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North Dakota's radical history carries valuable lessons for today's public banking movement.  It's also an example of Democratic Socialism, though it was just called Socialism at that time (1919).

Public Banks are being proposed all over the country now, in a grass roots effort to 'Take back our Money' for local needs and not Wall Street speculation and investments that are even counter-productive or destabilizing.

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Scott Baker Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:

Scott is a former President of Common Ground-NYC (, a Geoist/Georgist activist group. He has written dozens of articles for (more...)

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