Debt and the value of college education in the US

Buzzfeed, Feb 2019, excerpt …Student debt in the US is a collective $1.5 trillion debt load. The weight of all that student loan debt is markedly different than the feeling of the weight of mortgage or credit card debt — after all, those borrowers can declare bankruptcy, an option unavailable to student loan borrowers. Not even death can absolve you or …

Nearly 80 percent of workers are forced to live in insecurity, paycheck to paycheck — hoping that their child doesn’t get sick, their car doesn’t break down or that they don’t lose their job.

Let Us Fight Together for Economic, Social, Racial and Environmental Justice, Not Unbridled Greed: If Trump truly wants to govern in a bi-partisan manner, let’s take a look at what the overwhelming majority of the American people want, By Bernie Sanders, Common Dreams, February 06, 2019  It is not “a hot economy” when 43 percent of households can’t afford to pay for housing, food, child …

Subsidiarity and Communes: a Great Social Achievement

This article is modified from a webinar presentation given on October 31, 2017 for the afgj.org  –Alliance for Global Justice — monthly Venezuela webinar series NOVEMBER 24, 2017 Venezuela’s Communes: a Great Social Achievement, by KATRINA KOZAREK Over the years we have all heard a great deal about the great social achievements of the Bolivarian Revolution, the government subsidized health program Barrio Adentro, …

Movement Congress: Assembling a Movement for Real Democracy in Every Community

Assembling a Movement for Real Democracy in Every Community (Traducción en Español) We live in daunting times. Even as decisive, radical action to halt ecological devastation is needed more than ever before, the world’s ruling classes plow ahead, enriching themselves at the expense of people and planet and preparing their fortresses to hold back the coming tides. Our calls to …

No Plant Closings! Plant Conversion to Save Workers and the Planet

Wendy Thompson December 18, 2018 What would it take to keep these assembly and transmission plants open? As autoworkers have begun to formulate demands for the opening of the 2019 contract negotiations, GM upped the ante by announcing the loss of 14,000 jobs with the closure of three assembly plants and two transmission plants to add to the two million manufacturing …

The latent, unused power of citizens—and the production of public collateral

The latent, unused power of citizens—and the production of public collateral, Ann Pettifor, Democracy Collaborative and Next System Project, January 24, 2019, MONEY & BANKING Introduction It was just a montage of words uttered over a video in the summer of 2018. Soon the words went viral. They helped unseat a Wall Street-friendly Democrat—one primed to be the next congressional leader. They …

Municipal enterprise

By Stephanie Geller, Research Specialist, Community Wealth Building, Democracy Collaborative, January 15, 2019 DEMOCRATIC OWNERSHIP Municipal enterprises are businesses or services owned by local public authorities that provide services or generate revenue for local communities. One of the earliest municipal enterprises were public power companies. As early as the 1880s, local governments began forming them to provide electricity in areas …

Ending hunger, increasing health, farmer and citizen well-being was so easy…

Frances Moore Lappé posted Jan 29, 2019 “To search for solutions to hunger means to act within the principle that the status of a citizen surpasses that of a mere consumer.” CITY OF BELO HORIZONTE, BRAZIL This article from the YES! Media archives was originally published in the Spring 2009 issue of YES! Magazine. In writing Diet for a Small Planet, I …

Power of public banking: Renewables generated 41% of Germany’s electricity in 2017, up from just 6% in 2000; and public banks provided over 72% of the financing for this transition.

The Financial Secret Behind Germany’s Green Energy Revolution The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it. However, taxing the rich is not what the Green New Deal resolution proposes. It says funding would …

Real development vs. an extractive economy or colonization

So what happens if we measure global poverty at the low end of this more realistic spectrum – $7.40 per day, to be extra conservative? Well, we see that the number of people living under this line has increased dramatically since measurements began in 1981, reaching some 4.2 billion people today. Suddenly the happy Davos narrative melts away. And on Bill Gates’ …