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Move Your Money To The New Economy

Move Your Money To The New Economy
Above Photo: From neweconomy.net In recent years we’ve seen enormous energy from movements working to divest the money of individuals, institutions, municipalities, pension, funds, and more out of the extractive economy of Wall St. banks, private prison corporations, and the fossil fuel industry, and reinvest those funds into the New Economy. NEC believes in divestment and reinvestment as powerful strategies for change and offers the ... Read more

Involve Everyone In Production: Basic Principle Of The Economy In Rojava

Involve Everyone In Production: Basic Principle Of The Economy In Rojava
Above Photo: From geo.coop in Rojava and Bakur This is an academic article translated from Abrstrakt Magazine, where it first appeared in Turkish on 5th October, 2016. The basic principle of the economic policies of the Assad regime in Rojava was to keep the people poor and deprived in order to maintain their dependence. The Jazira [Cizîrê‎ / Cezîre] and Kobanî [Kobanê] cantons served as the breadbasket of Syria. Before the revolution, forty ... Read more

Seattle Mayor, 2 City Council Members Propose City Income Tax On The Rich

Seattle Mayor, 2 City Council Members Propose City Income Tax On The Rich
Above Photo: by Joe Raedle/Getty Images SEATTLE — Mayor Ed Murray and City Council members Kshama Sawant and Lisa Herbold on Monday proposed a new tax on high-income households. The proposal would place a 2 percent tax on joint filers’ income over $500,000 and single tax filers’ income over $250,000. They said the estimated $125 million in new annual revenue would allow the city to lower the burden associated with property taxes and other ... Read more

Hawaii May Become First State With Guaranteed Income

Hawaii May Become First State With Guaranteed Income
Above Photo: A bill was recently passed in Hawaii through both the houses of the legislature in a unanimous vote that declares that all Hawaiians ‘deserve basic financial security’ and prompts state agencies to look over ‘universal basic income’ along with other policy. Getty Images Hawaii could become the first state to offer its citizens universal basic income after bill passes through both houses of state legislature   Hawaii is working ... Read more

Massachusetts To Vote On Taxing The Wealthy

Massachusetts To Vote On Taxing The Wealthy
Above Photo: From massteacher.org The Massachusetts Legislature, meeting in a Constitutional Convention, has approved sending the proposed Fair Share Amendment to the November 2018 state ballot. The legislators’ vote of 134-55 on Wednesday, June 14, was the second by a Constitutional Convention on the measure, as is required for amendments to the Massachusetts Constitution. The citizens’ initiative would create an additional 4 percent tax on ... Read more

True Food Systems Change From The Bottom Up

True Food Systems Change From The Bottom Up
Above image: By David Beacon. We are very excited to announce that at 1pm on Friday, June 16th Familias Unidas por La Justicia signed a historic collective bargaining agreement with Sakuma Bros. Berry Farm!! On June 15th FUJ members turned out to overwhelmingly ratify the tentative collective bargaining agreement presented by their negotiations committee. After an overview of the contract the Mixteco and Triqui hand harvesters, men and ... Read more

Renewable Record: Wind And Solar Supplied 10% Of US Electricity In March

Renewable Record: Wind And Solar Supplied 10% Of US Electricity In March
Above Photo: Joshua Wiese/IPS March produced the highest share of wind and solar generation the U.S. has ever seen. The saying about March — “in like a lion, out like a lamb” — plays extremely well for renewable generation. Wind and solar together crossed the 10 percent mark of total U.S. electricity production in March, reports the Energy Information Administration. That’s the first time they’ve reached double-digit market share for a ... Read more

Citizens’ Wealth Funds: An Alternative To The Inequality Escalator

Citizens’ Wealth Funds: An Alternative To The Inequality Escalator
Above Photo: Jonny White/flickr/CC Many attempts to tackle inequality fall short because they fail to target inequality’s primary source, the concentration of the ownership of both capital and other forms of wealth. Because of this concentration, the substantial returns that stem from wealth — in dividends, rent, and interest — accrue almost wholly to the already rich. Citizens’ wealth funds can help break up concentrated wealth. These funds ... Read more

Co-Ops Lead By Putting Communities In Charge Of New Housing Projects

Co-Ops Lead By Putting Communities In Charge Of New Housing Projects
Above Photo: Mehrs als Wohnen won a World Habitat Award last year The new model, social production of habitat, sees residents rather than the market determine their living environment Co-operatives, community land trusts and other housing models are coming together to help communities design their own homes and neighbourhoods. The new concept – known as a platform for social production of habitat (SPH) – means locals are involved in ... Read more

Study: Legal Pot Will Boost California Economy By $5 Billion

Study: Legal Pot Will Boost California Economy By $5 Billion
Above Photo: California grower Adrian Shareve Getty Legalising marijuana will boost California’s economy by $5 billion, study finds The economy of California – poised to create a market for legal marijuana – could see its economy boosted by as much as $5bn, according to a new study. The report by the University of California Agricultural Issues Centre, says that the legalisation of the drug will provide the state a further reason ... Read more