Money on the Left
Welcome to the podcast feed of the Money on the Left Editorial Collective. We are an interdisciplinary platform that reclaims money’s public powers for intersectional politics, drawing on Modern Monetary Theory and constitutional approaches to money to forge new paths for left critique and practice.
This feed serves as the single audio home for all Collective programming, bringing you regular interviews, political economy analysis, and special series on culture and aesthetics—including Money on the Left, In the Loop, and Superstructure.
Presented in partnership with Monthly Review.
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Money on the Left
Radical Finance for America's Schools with David I. Backer
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We are joined by David I. Backer, associate professor of education policy at Seton Hall University, to discuss his new book: As Public as Possible: Radical Finance for America’s Schools (The New Press, 2025). The right-wing attack on education has cut deep. In response, millions of Americans have rallied to defend their cherished public schools. Backer’s incisive book asks whether choosing between our embattled status quo and the stingy privatized vision of the right is the only path forward. In As Public as Possible, Backer argues for going on the offensive by radically expanding the very notion of the “public” in our public schools.
Helping us to imagine a more just and equitable future, As Public as Possible proposes a specific set of financial policies aimed at providing a high-quality and truly public education for all Americans, regardless of wealth and race. He shows how we can decouple school funding from property tax revenue, evening out inequalities across districts by distributing resources according to need. He argues for direct federal grants instead of the predations of municipal debt markets. And he offers eye-opening examples spanning the past and present, from the former Yugoslavia to contemporary Philadelphia, which hastens us to envision a radically different way of financing the education of all of children.
Backer's book is thus a must-read for anyone interested in building a robust and democratic public education system today and in the future.
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