Doughnut Economics

https://www.weforum.org/agenda/2017/04/the-new-economic-model-that-could-end-inequality-doughnut/ They say a picture speaks a thousand words, so here’s the state of humanity in a single image. It’s the “Doughnut” of social and planetary boundaries and it could just turn out to be the compass we need for creating a safe and just 21st century. Image: Kate Raworth and Christian Guthier/The Lancet Planetary Health The hole at the …

Developing work and systems that distributive and generative from the start

Kate Raworth recognises that a dramatic new mindset is needed if we’re going to address the economic challenges of the 21st century. Her iconic book, Doughnut Economics: seven ways to think like a 21st-century economist, argues that our economic activity should operate in a space that’s above a social foundation, and below an ecological ceiling. What this means in practice …

Major corporations are planning to spend more than 30x what they are putting in the wallets of employees on buying back their own stock, benefiting wealthy shareholders

Washington Post By Rick Wartzman and William Lazonick, February 6, 2018  Rick Wartzman, director of the KH Moon Center for a Functioning Society at the Drucker Institute at Claremont Graduate University, is author of “The End of Loyalty: The Rise and Fall of Good Jobs in America.” William Lazonick is an economics professor at UMass Lowell and president of the Academic-Industry Research Network. Don’t …

When It Comes to Your Health, Your Local Economy Matters. Quality of housing and employment also influence wellness.

In Yes! Magazine, Jan 30, 2018 by Jessica Young Research shows community traits such as quality of housing and employment also influence wellness. Public health experts often talk about the “ social determinants of health”: community traits such as housing quality, access to nutritious and fresh food, water and air quality, education quality and employment opportunities. These factors are thought to be among …

The Appalachian City That Raised Its Taxes and Grew: To support a homegrown artist community, Berea, Kentucky, asked residents to trust government. It worked.

By Ivy Brashear, NextCity.com and Photos by Emily Moseley, published 29 Jan 2018 One of the things people notice after spending any amount of time in Berea’s historic downtown is the density of galleries. For a small city in the foothills of the Appalachian Mountains, there are a lot of them. The state-designated “Folk Arts and Crafts Capital of Kentucky” attracts visual …

California move to free college by restoring a state inheritance tax on Californians with wealth over $3.5 million and couples with over $7 million

Published on Wednesday, January 31, 2018 by OtherWords, A California Trend Worth Catching: College for All: America’s left coast is showing how to break up concentrated wealth and fund higher education for all. By Chuck Collins, Common Dreams The University of California-Berkeley (Photo: Mike Procario / Flickr) California can be an annoyingly trendy state. Think avocado toast, In-N-Out Burger, Hollywood fashion, even legal …

Exxon’s vast fossil fuel reserves “face little risk” of being left in the ground, the company said

By Brad Plumer, NYTimes, Feb 2, 2018 Exxon Mobil’s shareholders — concerned that the company’s main businesses, oil and natural gas, may be imperiled — had demanded last year that the company give a more detailed accounting of the consequences of global policies aimed at curbing emissions of earth-warming gases. Those policies include the goal of the Paris climate agreement to …

We need to nationalise Google, Facebook and Amazon. Here’s why

Nick Srnicek in The Guardian Nov 2017 A crisis is looming. These monopoly platforms hoovering up our data have no competition: they’re too big to serve the public interest For the briefest moment in March 2014, Facebook’s dominance looked under threat. Ello, amid much hype, presented itself as the non-corporate alternative to Facebook. According to the manifesto accompanying its public launch, Ello …

Public or private banks: which is more efficient? Public banks offer more support for a wider range of borrowers and stabilize the economy rather than de-stabilize it

From the Real News Network. Link to study: https://www.peri.umass.edu/publication/item/1036-does-greater-public-ownership-in-the-financial-system-promote-superior-performance Devika Dutt is a PhD candidate in Economics in the Department of Economics at the University of Massachusetts Amherst. She is also a research assistant at the Political Economy Research Institute. Her research explores alternative ways of organizing financial markets and financial market reform. GREGORY WILPERT: Welcome to The Real News Network. …