Category Archives: New Economy

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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

Veteran Organizer Gives Inside Look At The First $15 Minimum Wage Campaign

Veteran Organizer Gives Inside Look At The First $15 Minimum Wage Campaign
Above Photo: As the labor movement finds itself in a state of crisis, Jonathan Rosenblum’s new book is both a timely history of a bold campaign’s unlikely victory and an inspiring call for a flexible, progressive and power-building vision of labor organizing. (Photo by David Ryder/Getty Images) Back in 2011, as the Occupy Wall Street movement was still spreading through the country, a smaller standoff was unfolding at Sea-Tac, the ... 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

Are You Unable To Afford Decent Housing? Welcome To The Club

Are You Unable To Afford Decent Housing? Welcome To The Club
Above Photo:  ‘By the time I was seven, I had already moved four times.’ Photograph: Mario Tama/Getty Images The affordable housing crisis is becoming inescapable. We have now reached the point where a minimum-wage worker can only afford to live in about a dozen counties in the entire nation. Even those with college degrees and wages above minimum wage struggle. This problem doesn’t just impact countless poor Americans any more. Now it hits ... 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

The Hidden Cost Of Privatization

The Hidden Cost Of Privatization
Above Photo: From ineteconomics.org Why some goods and services should stay in the public domain While the business of business is business, the business of government is not.  This piece points out that while there may be a role for public-private partnerships, not only are the cost savings doubtful, but their effect on the ends of government are extremely worrisome.  Public-private partnerships conflate public and private interests, and in ... Read more

U.S. Women Disproportionately Burdened By College Debt

U.S. Women Disproportionately Burdened By College Debt
Above Photo: Women owe $833 billion in college loans, up from $223 billion in 2004.Photo Credit: Pexels The student loan debt crisis is a glaring example of systemic gender inequality in 2017. American women owe nearly twice as much of the nation’s $1.3 trillion in student loan debt as men do, according to a recent study. Since the 1950s, major strides have been made to shrink the gender gap in enrollment at American colleges and ... 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

Now Just Five Men Own Almost As Much Wealth As Half Of World’s Population

Now Just Five Men Own Almost As Much Wealth As Half Of World’s Population
Above Photo: It’s not a meritocracy. It’s an oligarchy. (Photo: Pixabay/CC0) Last year it was 8 men, then down to 6, and now almost 5. While Americans fixate on Trump, the super-rich are absconding with our wealth, and the plague of inequality continues to grow. An analysis of 2016 data found that the poorest five deciles of the world population own about $410 billion in total wealth. As of 06/08/17, the world’s richest five men owned over ... Read more