Why millennials are facing the scariest financial future of any generation since the Great Depression

Dec 2017, By Michael Hobbes Today, they’re almost all indirect hires, employees of random, anonymous contracting companies: Laundry Inc., Rent-A-Guard Inc., Watery Margarita Inc. In 2015, the Government Accountability Office estimated that 40 percent of American workers were employed under some sort of “contingent” arrangement like this—from barbers to midwives to nuclear waste inspectors to symphony cellists. Since the downturn, …

Making hydrogen from curtailed wind and solar energy

December 16th, 2017 by Steve Hanley on Clean Technica: SoCalGas Partners With UC Irvine To Design “Advanced Energy Community” For you renewable energy fans out there, count this as a “half a loaf is better than none” story. Southern California Gas is partnering with researchers at the University of California Irvine’s Advanced Power & Energy Program to design an “Advanced Energy Community” in …

Black Labor Convening on Just Transition

Black Labor Convening on Just Transition, held, December 11-12, 2017, Hilton Garden Inn Raleigh-Durham Research Triangle, 4620 South Miami Blvd., Durham, North Carolina, 27703, USA African American communities, including workers, are most likely to be exposed to the pollution from fossil fuel based energy production through coal plants, oil and gas refineries, as well as pollution from energy production through nuclear facilities and waste incinerators. …

Keeping profits local with cooperatives tailored around local anchors: Cleveland, Evergreen and Preston models

 Preston has struggled with austerity and entrenched inequality. Photograph: Christopher Thomond for the Guardian By Hazel Sheffield Guardian, 11 April 2017  Ted Howard looks out on a group of people drinking tea from styrofoam cups at Preston town hall on a Monday afternoon in March. The social entrepreneur and author from Cleveland, Ohio, is the special guest at the city’s monthly social forum. “What’s …

Shifting ownership from the 1% to the 99%: Initiative seeks for employee owned companies to be 20-25% of the workforce by 2050, adding security, recirculating money locally 3x more

By Fran Korten in Yes! Magazine, Oct 26, 2017 For decades Marjorie Kelly has looked for ways that businesses can better contribute to the good of society. In 1987, after getting a master’s degree in journalism, she founded Business Ethics magazine to showcase socially responsible corporations. But after 20 years as president and publisher, she sold the magazine. She had come to an …

Seven Ways to Think Like a 21st-Century Economist

By Kate RaworthHow would you explain 21st century economics in just a minute? I’ve had the privilege of working with some of the world’s best stop-motion animators to bring new economic thinking to life on screen. Please feel free to show them in the classroom, in workshops, in public talks, and to share them widely on social media. And if …

Historical GHG emissions, responsibility

Figures from the World Resources Institute show the top 10 nations as measured by their cumulative emissions between 1850 and 2007. The US tops the list by a wide margin – though Chinese emissions have risen significantly since these data were assembled. 1. US: 339,174 MT or 28.8% 2. China: 105,915 MT or 9.0% 3. Russia: 94,679 MT or 8.0% 4. Germany: …

Extraction and forced unemployment follow Big Finance destroying Big Retail too

By David Morris ,6 Oct 2017 , 2017, from ILSR’s The Public Good: Reports from the Front Lines (September 27, 2017), available here.  In the 1980s, leveraged buyouts became financial engineering’s newest invention. Corporate raiders would use the assets of the target corporation to collateralize the debt required to take it over. The resulting large debt payments burdened the target business. Some went bankrupt. But Wall …