by Ashar Foley (originally published in Voices of Lefferts, Volume 3, Number 1 in Fall of 2020.)
“¿Señorita tienes guantes?” a man in a winter sports jacket asked me through the chain-link fence that surrounds Q Gardens, a small triangular community garden at Church Avenue and East 18th Street. “¿Guantes?” he repeated. Seeing that I didn’t understand, he rubbed his hands together to show me what he meant.
“¿Jabón?” asked the woman who had just come in on her bike. “I think he wants soap,” she said to me. I dug through my bag for the little bottle of hand…
by Cliff Rosenthal
Back in 1989, Congress instructed regulators to “preserve the number of minority depository institutions; preserve the minority character in cases of merger or acquisition;[and] promote and encourage creation of new minority depository institutions” (Section 308 of the Financial Institutions
Reform, Recovery and Enforcement Act — FIRREA).
It hasn’t gone well.
For decades, the banking system has steadily consolidated: There are now thousands fewer banks and credit unions. Black and other financial institutions have been hit especially hard. For more than 30 years I fought the trend, while leading the association of small, mostly minority credit unions now…
by Cheyenna Layne Weber and Ali Issa
[This piece was submitted in November, 2020 and originally published early January, 2021 in the Japanese-language magazine Social Movements, in collaboration with The Seikatsu Club Consumers’ Co-operative Union (Seikatsu.) Founded in 1965, Seikatsu is a consumer co-op federation of 32 autonomous cooperatives spanning 21 prefectures (similar to U.S. states) across Japan. While Seikatsu initially formed with 200 Japanese housewives initiating a buying club for safe and affordable milk, their membership presently exceeds 370,000 families. They have been innovators in sustainability, holding Japanese producers accountable to strict and progressive ecological standards; developed a robust…
The Cooperative Economics Alliance of New York City (CEANYC) strengthens and expands community-led, democratically-controlled initiatives in NYC.