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Podcast: Belabored
Episode: Belabored Podcast #41: Can Postal Banking Deliver Us from Wall Street? With Dave Dayen
Description: Subscribe to the Belabored RSS feed here. Subscribe and rate on iTunes here. Check out the full Belabored archive here. Tweet at @dissentmag with #belabored to share your thoughts, or join the conversation on Facebook. Belabored is produced by Natasha Lewis.
In light of the budget problems facing the postal service, many conservatives have called for mass layoffs and privatization as a way to “modernize” the institution. But one alternative reform proposal challenges stereotypes of the postal service as a creaky old bureaucracy–and highlights its potential to challenge Wall Street’s hegemony: Postal banking. By offering basic, l...