Supporting Local Business Viability and Transition to Worker Ownership in a Pandemic: Offering Business Owners “Exit to Community”

E2C: Community Ownership in a Pandemic Community Notes, Jun. 9, 2020 The COVID-19 crisis presents the greatest threat to community-based business in generations. But what if their employees and neighbors had the tools to get through this crisis in better shape, through an “exit to community”? This webinar presents strategies to help business transition to community and employee ownership, which …

Big companies traded on the stock market took two-thirds of the money meant to bail out small businesses. Also 1 in 4 U.S. households are now underbanked or unbanked. We need a public option for basic banking services

It’s Time To Fix The Rusty Pipes Of Our Inequitable Financial System. The COVID-19 pandemic response has shown that the very foundations of our economy are shaky, fragile, and — for some of us — downright dangerous. We’re once again watching working people, especially working people of color, bear the brunt of the fallout. Meanwhile, big companies traded on the …

Leading oil and gas companies have lost an average 45% of their value since the start of 2020 – perfect set-up for public ownership/takeover

As the coronavirus pandemic threatens health and safety on an unprecedented scale, people around the world are uniting in novel ways to flatten the curve, support those on the frontlines of the crisis, and assist members of their community. But meanwhile, others are capitalizing on the crisis to line their pockets. The biggest offender? The oil, gas, and plastic industry. …

Reconsidering and Reconceiving Corporate Responsibility

The problem with the dominant conception today—shareholder pri­macy and wealth maximization—is that “directors are encouraged, through legal duty and self-protection, to demonstrate their allegiance to stockholder interests, which (as has been observed) is most effectively accomplished by attention to the bottom line. This behavior leads to an unremitting focus on the short term.”[120] By the turn of the twentieth cen­tury, corporations …

Post-Pandemic World and Just Transition Measures

Excerpt from Sharan Burrow, March 2020 The post-pandemic world will need Just Transition measures if people are to have hope and to trust governments can manage a future with: secure pensions income support and skills training in the face of jobs transition or displacement prevailing wage rates in new jobs investment and renewal in affected communities to secure vital jobs. …

Shell’s activities in Ogoniland region of Nigeria have led to polluted air and water as well as decimated natural habitats, violating the rights of the 832,000 people who live there

From Common Dreams, March 2020 350.org surveyed the region of Ogoniland in Nigeria, where Shell Oil has dumped an estimated nine to 13 million barrels of crude oil into the Niger Delta since 1958. “Companies are actively disregarding the right of entire populations to a healthy environment, sufficient and quality food, and a political and social scenario of stability.”—Aaron Packard, …

Advances in Performance Based Utility Rate Design + Xcel dockets

19M-0670E – Distribution System Planning (filing comments on Monday, 2/3) 19M-0661EG – Investigation of Performance-Based Ratemaking (awaiting the second phase) 19R-0608E – NOPR for Amendments to Community Solar Gardens Rules 19R-0654E – Amendments to Electric Rules Relating to Interconnection 19A-0471E – Investment in EV Fleet Infrastructure We’re also awaiting a decision on the following: 19A-0369E – Renewable Energy Standard Compliance …

In Colorado, outdoor recreation is a $28 billion industry that directly generates 229,000 jobs and has become an intrinsic value among Coloradans, with over 70% of residents participating in outdoor recreation each year. Fossil fuel extraction threatens this.

In Colorado, outdoor recreation is a $28 billion industry that directly generates 229,000 jobs and has become an intrinsic value among Coloradans, with over 70% of residents participating in outdoor recreation each year. However, this booming economic sector, which generates $887 billion in national consumer spending annually, is threatened by the Trump administration’s public lands agenda, which has exacerbated speculative oil and gas …

To actually address the crises we face, let’s focus on displacing the dominant form of enterprise in our current economy: the monoculture of the profit-maximizing, shareholder-controlled corporation

The just firm is the only kind that should ultimately be permitted to exist. The time is coming when society must end the corporation as we know it, in favor of a just firm – designed from the inside out for a new mandate: to serve broad well-being and the public good. Democratic and just forms of company ownership are …