The hottest thing in socialism (socdemism?) in 2021 is apparently having an off-balance sheet vehicle issue bonds for project financing.
I think it’s just a discussion about how socialists expand the public sector, especially in places where we have a limited amt state legislative power, given current restraints of US capitalism. I don’t think anyone thinks bonds are the revolution! It’s good to debate!
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Hey
@PEWilliams_ is a friend, this is more of a gentle ribbing :) I do think I see that there's starting to be a turn to valorizing these structures and not simply seeing them as a desperate stop-gap in a bad situation but plenty of room for argument and debate. -
From what I can tell most are arguing the nycha pres. trust is the least worst option attainable without ongoing federal intervention when the (very likely) alternative is privatization of management through RAD. It's a stopgap but too much fearmongering over municipal bonds
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We’ve an ok job in NY at “non reformist reforms” that give tenants the power to organize, regulate the shit out of the RE industry, and limit speculation. There isn’t a clear next step to make “preserving and expanding public housing” easier and we need to figure it out!
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