Tag Archives: workers

Our Harvest: Growing a New Type of Food Business

Our Harvest: Growing a New Type of Food Business
Part farm, part food hub, Our Harvest is the first union worker-owned food cooperative in North America — and it’s based here in Cincinnati’s College Hill neighborhood. The idea for an aggregated food distribution hub that pays workers livable wages was put into motion in 2010 by union organizer Ellen Vera after a friend told her about a European business model called Mondragon. “We recognized the need to do an aggregated distribution center ... Read more

Worker-Owners Cheer Creation of $1.2 Million Co-op Development Fund in NYC

Worker-Owners Cheer Creation of $1.2 Million Co-op Development Fund in NYC
In a victory for new economy advocates, the New York City Council passed a budget last week that will create a $1.2 million fund for the growth of worker-owned cooperative businesses. The investment is the largest a municipal government in the U.S. has ever made in the sector, breaking new ground for the cooperative development movement. Melissa Hoover, executive director of the U.S. Federation of Worker Cooperatives and the Democracy at ... Read more

Economy slumps, Wall Street booms

Economy slumps, Wall Street booms
Alongside the massive diversion of social wealth to the financial elite, the IMF, World Bank and Fed continue to demand the gutting of past social reforms and protections for workers, in the name of “job creation” and “competitiveness.” Calling for cuts in government subsidies that hold down food and energy costs and privatization of state-owned industries, the World Bank in its June 10 Global Economic Prospects report stated: “In a world ... Read more

The Rules of Revolt

The Rules of Revolt
There are some essential lessons we can learn from the student occupation of Beijing’s Tiananmen Square, which took place 25 years ago. The 1989 protests began as a demonstration by university students to mourn the death of Hu Yaobang, the reformist Communist Party chief who had been forced out by Deng Xiaoping. The protests swiftly expanded to include demands for an end to corruption, for press freedom and for democracy. At their height, ... Read more

No Shortcuts

No Shortcuts
We are living in dire times, and the need to develop a strategy to challenge capitalism, white supremacy, and heteropatriarchy is becoming more and more clear. We must nevertheless avoid the temptation to cobble together an incomplete strategy in a desperate attempt to match the urgency of the moment. The US Left has a unique opportunity to forge a strategy that coheres different parts of our movement and expands our capacities to match the ... Read more

Life After Work

Life After Work
We have high unemployment, a massive increase in very low paid work, expanding hours, zero hours contracts, unpaid internships, exploited grey-market labour and prison labour and so on. At the same time, there’s a cultural fetishisation of work, with TV programmes suggesting that getting into work is all about improving your attitude, cutting your hair, trying harder, believing in yourself. The rhetoric is that work is a moral individual ... Read more

Enthusiasm High for a New Economy for Baltimore

Enthusiasm High for a New Economy for Baltimore
With growing recognition that the economy fails to serve the interests of most people, alternative institutions and processes based on economic democracy are beginning to pop up everywhere. This movement points to what is called by some as “the New Economy.” Throughout the country people are joining a global movement to create structures grounded in democratic control of community wealth – an economy of, by, and for the people. On May 16 ... Read more

How to Raise Americans’ Wages

How to Raise Americans’ Wages
Today, the drive to restore workers’ share has been narrowed down to the campaign to raise the minimum wage. That raise is long overdue. The real value of the federal minimum wage of $7.25 an hour is less than two-thirds of its level in 1968, which, in current dollars, would be $10.71. But even raising that wage wouldn’t do much for most workers; they make well more than the minimum, but their own wages have been stagnating or shrinking for ... Read more

Is Capitalism Doomed?

By Nouriel Roubini Project Syndicate, August 15, 2011 NEW YORK – The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession. A financial and economic crisis caused by too much private-sector debt and leverage led to a massive re-leveraging of the public sector in order to prevent Great Depression 2.0. But the subsequent recovery ... Read more