Bringing about a deep institutional turn in ownership and control to democratize economic and political rights within the economy

The Democracy Collaborative and Common Wealth have begun a project that will last the course of 2020 to explore the new frontiers of public ownership in the twenty-first century, developing policy ideas in four areas where existing structures of ownership amplify corporate power, erode workers’ rights, increase inequality, and accelerate the climate crisis: digital infrastructure, IP and R&D, data and platforms, and land …

Report: An Alternative to Electricity Monopolies Enables Communities to Center People and Planet

BY JOHN FARRELL | DATE: 19 FEB 2020 Download the Report Register for a webinar on the report, March 5th, 2020 at 12pm CT More communities than ever want to exercise control over their energy systems. In 2016, Americans collectively spent $360 billion buying electricity. Most of the revenue accrued to the benefit of increasingly-large, investor-owned utilities. Inspired by the individuals who put solar on their …

Wall Street Megabanks Prioritizing Profits Control $509 Billion in Deposits and $4.3 Trillion in State and Local Public Pensions. Public Banking Would Put That Money to Work for People, Main Street and the Real Economy

North Dakota has the only state-owned bank in the nation. Advocates say it’s a model for getting state tax money invested in communities. What a Public Bank Can Do for Real People BY OSCAR PERRY ABELLO, Yes Magazine, FEB 19, 2020 The little city of Hazen, North Dakota, population 2,300, is the kind of town where farming and ranching families often have a second income from a …

21st Century Bill of Rights

From Brand New Congress: The founders of the United States of America and those that followed established a Bill of Rights to constitute the values reflected by this great nation and those who reside within. Now more than 225 years into our nation’s founding, we recognize the current Bill of Rights falls short of securing the full scope of unalienable …

Publicly Owned Utilities Could Help Fight the Climate Crisis

Transitioning utilities to public ownership could help lay the groundwork for a renewable, just future. BY GRETA MORAN OCTOBER 25, 2019, TeenVogue Earlier this month, Pacific Gas & Electric, the investor-owned utility company that supplies power to much of California, cut off electricity to over 700,000 customers. The company argued that such a drastic measure — the largest planned power outage in …

Financing Freedom from Fossil Fuels: Retiring the entire US coal fleet today would cost $35–40 billion –less than one year’s worth of fuel cost to run America’s coal and gas plants. The critical importance of public banks is a common theme.

Utilities can refinance or seek partial debt relief, passing on as much as $6 billion in cost savings every year to customers when they retire coal plants. Using some of those savings for transition assistance and repurposing land and infrastructure can provide new jobs and economic opportunities for coal communities. Better yet, recycling saved capital into clean energy that is …

Are We Diluting the Mission of Community Land Trusts?

CLTs’ dependence on external grant funding to acquire land and maintain their operations make them particularly susceptible to mission drift. Coming in with this knowledge, organizers may still be able to use the tool adequately or opt for other collective land ownership strategy. By Olivia Williams -August 30, 2019 “Community control of land” sounds straightforward, but in practice it can be limited, …

Whose Grid? Our Grid! Chicago’s Campaign to Put Electricity Under Public Control

In These Times Sep. 21, 2019, by Alex Schwartz Among the many vendors at the Logan Square Farmers Market on Aug. 18 sat three young people peddling neither organic vegetables, gourmet cheese nor handmade crafts. Instead, they offered liberation from capitalism. Representatives of the Chicago Democratic Socialists of America (CDSA) engaged marketgoers in discussions about the campaigns they are involved in, from …