IN THE MID-1960s, when author, historian, and political economist Gar Alperovitz was working as legislative director for Senator Gaylord Nelson, change was in the air. Ink had dried on an early version of the Clean Air Act, the civil rights movement had won major victories, and the first Earth Day was in the works. The U.S. still faced plenty of serious challenges, but many Americans felt their country was capable of dealing with them successfully.
Private banks have not always been accepted institutions, fixtures of commerce, and purveyors of most of our economic transactions. Throughout US history, there have been robust public conversations about banks, largely due to their propensity to derail the economy when their business models fail. One example of this was in rural Vermont in 1806, when the state established their first public bank. Testimony on that bill, from Governor Tichenor lays out the problem:
This June 6-8, more than 500 movement leaders, activists, practitioners, and newcomers will come together in Boston for CommonBound, the New Economy Coalition’s largest and most significant convening yet.
Like much of the rest of the globe, New York City is beset by two crises: economic instability and the changing climate. Any hope of making our intensely unequal and unsustainable city more equitable and resilient requires fundamental changes in the relationship between the government and its people, and between the economy and its infrastructure. This requires more than a change of administrations; it requires a reconstruction of the governance process itself.
When Iya’Falola Omobola first crossed the Mississippi state border 10 years ago, she felt uneasy. A friend told her that she was “feeling the energy from all those bodies hanging in the trees.” Yet, Omobola’s feeling soon changed. Born into a family of civil rights and labor organizers in Cleveland, Ohio, Omobola came to see Jackson as the Phoenix that rises from the ashes.
With the fast flow of information these days, the average citizen can easily be just as informed as any local politician or policy wonk. So why do we need politicians to spend our tax dollars for us? Especially when it comes local communities, people have a visceral and intuitive understanding of the changes they want to see.
If you happen to be looking for your morning coffee near Golden Gate Park and the bright red storefront of the Arizmendi Bakery attracts your attention, congratulations. You have found what the readers of The San Francisco Bay Guardian, a local alt-weekly, deem the city’s best bakery. But it has another, less obvious, distinction.
In recent years, the concept and practice of sharing resources is fast becoming a mainstream phenomenon across North America, Western Europe and other world regions. The internet is awash with articles and websites that celebrate the vast potential of sharing human and physical assets, in everything from cars and bicycles to housing, workplaces, food, household items, and even time or expertise.
The 85 richest people on planet "own the wealth of half the world's population", the charity said.
The world's elite have rigged laws in their own favour undermining democracy and creating a chasm of inequality across the globe, charity Oxfam said in advance of the annual get-together of the world's most powerful at Davos.
Last August hundreds of people from across the country convened in Madison, WI for the 2nd Democracy Convention. Made up of nine individual conferences, the Convention was an extraordinary space for individuals and organizations to network with and learn from one another in the service of building a larger, more dynamic democracy movement.
In December 2012, a pink-haired complex systems researcher named Brad Werner made his way through the throng of 24,000 earth and space scientists at the Fall Meeting of the American Geophysical Union, held annually in San Francisco. This year’s conference had some big-name participants, from Ed Stone of Nasa’s Voyager project, explaining a new milestone on the path to interstellar space, to the film-maker James Cameron, discussing his adventures in deep-sea submersibles.
To ask whether public banks would interfere with free markets assumes that we have free markets, which we don’t. Banking is heavily subsidized and is monopolized by Wall Street, which has effectively “bought” Congress. Banks have been bailed out by the government, when in a free market they would have gone bankrupt.
A Bagful of Cash: How the U.S. Chamber of Commerce Orchestrated a Corporate Takeover of Government
The US Chamber of Commerce-- a 101 year-old organization formed as corporations’ first union—is the chief agent behind Congress’ kowtowing to corporate interests, the Supreme Court’s favorability to corporations in its rulings, and presidents of both parties’ insistence on accommodating the wishes of multinational corporations at the expense of working-class people all over the world. This report outlines how the Chamber first formed, their blueprint for ultimate success as revealed in the confidential Powell Memo, how that blueprint has been realized in the 40 years since its writing, and the devastating effects of that agenda on small business.
Another jobs report is in and it shows continued waddling along in job creation, just enough to keep the unemployment figure stable. The reality is the collapse has cost the nation 3 million jobs and that number is not shrinking. The “Lost Out-Put Clock” shows the nation has lost $4,602,667,601,6089 in national income and counting since the 2008 collapse.