To deal with the big social, economic and environmental challenges we’re facing today, we need to transform our money and banking system. Positive Money’s goal is for a money and banking system that serves a fair, democratic, and sustainable economy.
An economy that isn’t reliant on housing bubbles, stock markets booms and unsustainable levels of inequality and debt to keep it growing.
An economy that’s stable, with more secure jobs, less household and government debt, which does not automatically increase inequality and that will give us a solid footing to tackle the environmental crisis.
Where the Bank of England works with the Government in a democratic way to implement economic policies to shift the UK economy to one that is fairer and more sustainable.
Where implicit subsidies for banks are removed, and a diverse ecosystem of banks serve the needs of society.
Right now the money and banking system causes house price bubbles, high levels of debt, and rising inequality. It lays the foundations for financial crises. It harms our environment. And there is a large democratic deficit in the way the money system works and policies are decided.
We pursue system change in four ways:
We research the problems with the money and banking system, to develop our proposals for reforming it and to win the support of economists.
We work to build a growing, skilled, and diverse network which works together to campaign for change.
We influence key decision makers and influencers in the UK.
We lead and support an international movement advocating reform around the world.