Five trends to watch in community and economic development in 2019 + Create a Solidarity Economy Giving Project

1. Opportunity Zones will take effect in force No surprise here. Opportunity Zones were the big community development story in 2018 and will continue to be in 2019. Proposed regulations should be finalized this year, creating more confidence for investors. Opportunity Funds are already being set up, and investment volumes will grow rapidly. But because of variation in the economic standing of Opportunity Zones, the …

Leaked wikileaks doc reveals US military use of IMF, World Bank as “unconventional” weapons

By Whitney Webb, Mintpressnews.com, February 8, 2019  This “U.S. coup manual,” recently highlighted by WikiLeaks, serves as a reminder that the so-called “independence” of such financial institutions as The World Bank and IMF is an illusion and that they are among the many “financial weapons” regularly used by the U.S. government to bend countries to its will. WASHINGTON – In a leaked military manual …

Creating an Ecological Society: Under capitalism, people are at the service of the economy, as workers and consumers of goods and services. In contrast, the economy of an ecological society will be at the service of humanity and its needs

How does capitalism impede the development of an ecological society?  By its very nature capitalism operates in ways that harm people and the broader environment. The purpose of capitalism is to produce something (a good or a service) using hired labor, raw materials and machinery and sell it for more than the production cost. The motivating and driving force of the …

Regional levels of despair and distress reinforce and exacerbate drug use and overdose

In both rural and urban communities, two key factors—economic distress and supply of opioids—predict the rate of opioid deaths. Regional levels of despair and distress that seemed to reinforce and exacerbate the problem. With respect to economics, characteristics like family distress, population loss, and heavy reliance on mining and service industries seemed to drive up mortality rates.  A used needle in …

Day care for all

CreditCredit Illustration by Tyler Comrie; Photographs by Chloe Gudy/EyeEm, and Jamie Grill, via Getty Images Day Care for All The progressive to-do list is missing a very important idea. By Katha Pollitt Feb. 9, 2019 When Bernie Sanders ran for president, he promised to fight for free public college, universal health insurance and a $15 minimum wage. He drew huge crowds, but many …

Progressive tax policies Democrats need

ANNIE LOWREY, The Atlantic, Feb 5, 2018 https://www.theatlantic.com/ideas/archive/2019/02/here-are-progressive-tax-policies-democrats-need/581830/ Representative Alexandria Ocasio-Cortez wants to raise the top marginal income-tax rate to 70 percent; for every dollar a person earns over $10 million, Ocasio-Cortez suggests, he should be left with 30 cents. Senator Bernie Sanders, a likely 2020 candidate, wants to expand the estate tax. And Senator Elizabeth Warren, a definite 2020 candidate, …

Resources from Denver/Iliff Ethical Economics and Environmental Forum

SLIDES: Hunter Lovins20190114OPT – PDF  WHERE: Library Portico, Iliff School of Theology (2323 E. Iliff Ave.) SPONSORED BY: Ethics and Ecological Economics (EEE) Forum “Humanity’s collision with planetary boundaries requires a radical rethink of economic theory and practice.” –A Finer Future: Economics in Service to Life (2018) Our speaker, Hunter Lovins, and three other co-authors seek to replace the dominant narrative of growth-based …

“Taming this beast called capitalism”

‘This is about saving capitalism’: the Dutch historian who savaged Davos elite:  Rutger Bregman never intended to take billionaires to task over tax at World Economic Forum,  Larry Elliott Economics editor, The Guardian, Fri 1 Feb 2019  What innovation remains in a rentier economy is mostly just concerned with further bolstering that very same economy…Yet it doesn’t have to be this way. Tollgates can …

ILO calls for universal labor guarantee, living wage, health, safety and education

The International Labour Organisation last week called for a universal labour guarantee to safeguard workers’ fundamental rights. There seems little real appetite for a new social contract among CEOs, despite the warm words.   The ILO report is the culmination of a 15-month review by a 27-member commission of senior figures from the world of business, academia, trade unions and charities. It calls …

Achieving Paris Targets Possible & Cheap: Recent economic research

Economic Reasons For The Green New Deal — The Numbers Speak For Themselves January 28th, 2019 by Carolyn Fortuna on Clean Technica I’ve been participating in Sunrise Movement trainings to raise awareness of the Green New Deal and to motivate Congress to take significant action toward 100% US renewable energy within the decade. Surrounded by a mass of college kids with a spattering …