Regaining Public Capital

Schools of Public Engagement: Milano General Curriculum

Non-Liberal Arts

Undergraduate Course

Graduate Course

Degree Students (with Restrictions)

Regaining Public Capital

Fall 2022

Taught By: Ron Kim

Section: A

CRN: 14416

Credits: 3

After four decades of liberated private capital, New York is leading the nation as the wealthiest state in the country, yet we suffer from the worst social mobility. Instead of striking the right balance toward a mixed economy, we have normalized the privatization of public goods and services, leading to Too Big to Fail Nonprofits as quasi-government agencies. At the same time, mega-corporations continue to extract from the bottom. The goal of this course is to relearn, re-imagine, and redesign public capital from the ground up. The course will examine how local and state governments can regain public capital to improve economic and social conditions in our country. Some of the topics covered will include transforming economic development, adopting progressive tax policies, taking steps to democratize finance (public banking), and ending the extraction of public benefits under the guise of cost efficiency and effectiveness. About the Instructor: Ron Kim has been a member of the New York State Assembly since 2012, representing District 40 in Queens. He chairs the Committee on Aging, focusing on fixing the state’s broken long-term care system. His previous work on new economic models based on recirculating wealth at local levels was covered by the MIT Technology Review and Vice News. Kim also made national news as the first public official to stand against corporate subsidies for mega-corporations like Amazon, which spurred several legislative proposals to end race-to-the-bottom subsidy programs. Most recently, Kim led the way to confront the former governor of New York for his abuse of power in covering up his nursing home scandal.

College: Schools of Public Engagement (NS)

Department: Milano General Curriculum (NMIL)

Campus: New York City (GV)

Course Format: Seminar (R)

Modality: In-Person

Max Enrollment: 17

Add/Drop Deadline: September 12, 2022 (Monday)

Online Withdrawal Deadline: December 18, 2022 (Sunday)

Seats Available: Yes

Status: Closed*

* Status information is updated every few minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 6:20am EST 11/27/2022

Meeting Info:

Days: Monday

Times: 8:00pm - 9:50pm

Building: Johnson/Kaplan 66 West 12th

Room: 615

Date Range: 8/29/2022 - 12/12/2022