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Unseen Toll: Wages of Millions Seized to Pay Past Debts

Unseen Toll: Wages of Millions Seized to Pay Past Debts
Above: Kevin Evans in his small one bedroom apartment in Springfield, Mo. Evans, who lost income and his home in the recession, is now having his wages garnished by Capital One after falling behind on his credit card payments. (Colin E. Braley/AP Images for ProPublica) A new study provides the first-ever tally of how many employees lose up to a quarter of their paychecks over debts like unpaid credit card or medical bills and student loans. ... Read more

Build the Green Economy

Build the Green Economy
By Robert Pollin Boston Review  Here is the fundamental challenge we confront with climate change. As of 2010, total annual greenhouse gas emissions were at 45 billion metric tons of mostly carbon dioxide (CO2), along with smaller amounts of methane, nitrous oxide, and other gases. The Intergovernmental Panel on Climate Change (IPCC) estimates that to stabilize the global average temperature at its current level of around 60.3°Fahrenheit, ... Read more

America’s Rotting Empire: Billionaires Galore & A Crumbling Infrastructure

America’s Rotting Empire: Billionaires Galore & A Crumbling Infrastructure
More proof we’re in rapid decline: Not a single U.S. city currently ranks among the world’s most livable By CJ WERLEMAN, September 18, 2014, Salon “The game is rigged,” writes Senator Elizabeth Warren in her new book A Fighting Chance. It’s rigged because the rich and their lobbyists have rigged the rules of the game to their favor. The rules are reflected in a tax code and bankruptcy laws that have seen the greatest transfer of ... Read more

Socialism and Workers’ Self-Directed Enterprises

Socialism and Workers’ Self-Directed Enterprises
By Richard D. Wolff MR Zine, September 14, 2014 ​Global capitalism has huge problems coping with the second worst collapse in its history. Its extreme and deepening inequalities have provoked millions to question and challenge capitalism. Yet socialists of all sorts now find it more difficult than ever to make effective criticisms and offer alternatives that inspire. Part of the problem lies with classic socialism as it evolved over the last ... Read more

Stagnation: You Can’t Feed A Family With G.D.P.

Stagnation: You Can’t Feed A Family With G.D.P.
By Neil Irwin New York Times, September 16, 2014 The most important thing to know about the state of the United States economy was revealed in a report Tuesday morning that Wall Street barely noticed. Every year, the Census Bureau delivers a sweeping set of numbers that give the richest annual picture of how much Americans are making, how many are living in poverty, and how many have access to health insurance. The numbers are ... Read more

Number of Children Living in Poverty Drops Sharply, Census Bureau Reports

Number of Children Living in Poverty Drops Sharply, Census Bureau Reports
Median household income was 8 percent lower last year than in 2007, and the poverty rate was two percentage points higher By Robert Pear The New York Times, September 16, 2014 WASHINGTON — The poverty rate declined last year for the first time since 2006, the Census Bureau reported on Tuesday. But at the same time, it said, there was no statistically significant change in the number of poor people or in income for the typical American ... Read more

Tesla’s Net Zero Factory To Power 500,000 Vehicles

Tesla’s Net Zero Factory To Power 500,000 Vehicles
Above: Drawing of the Tesla battery factory in Nevada, © Tesla. Tesla’s $5bn Gigafactory looks even cooler than expected, will create 22,000 jobs Michael Graham Richard (@Michael_GR) Tree Hugger, September 5, 2014Share on Facebook Net zero energy, powered by renewables As predicted yesterday, Tesla and the Neveda governor have confirmed that the gigantic battery Gigafactory that will make enough battery cells to power 500,000electric ... Read more

Berkeley Says No To Corporate Trade Takeover

Berkeley Says No To Corporate Trade Takeover
Above photo: TPP protest in San Francisco, February, 2014. SFBayview.com. Photo by Carol Harvey. By Phoebe Anne Sorgen and Ruth Caplan Originally posted in PopularResistance.org If you would like to pass a similar resolution in your community, here are helpful tools: Pointers for getting TPP-Free Zone laws passed. TPP Free Zone model legislation. In an almost unanimous vote by the Berkeley City Council Tuesday evening, the city went on ... Read more

Watch Rethinking Economics Conference Live Today

Watch Rethinking Economics Conference Live Today
Take part in the Rethinking Economics NY Conference starting today by watching it LIVE!The first edition of the Rethinking Economics NY Conference is kicking off today! Almost 1000 attendees are expected throughout the sold-out 3-day conference, which will be held at The New School, Columbia University and NYU. If you have not managed to get yourself a ticket or are based on the other side of the world, there is no need to worry; the entire ... Read more

New Report On How Communities Are Building Wealth

New Report On How Communities Are Building Wealth
Policies for Community Wealth Building: Leveraging State and Local Resources By The Democracy Collaborative The Democracy Collaborative For more than a decade, The Democracy Collaborative has been tracking state and local policies that provide a supporting environment for the expansion of community wealth building models and innovations. As interest grows across the country, they have assembled some of the most important existing and ... Read more