Who should be able to own and operate rooftop solar systems

The rapid growth of rooftop solar photovoltaic (PV) systems can pose a number of financial challenges for both electric utility shareholders and their customers. One potential pathway to resolving those concerns involves allowing utilities to own and operate rooftop solar systems. However, the financial impacts of this business model are not well understood. In a new study published in the …

To make companies moral, make the employees the owners

01-11-19 Fast Company WORLD CHANGING IDEAS by Marjorie Kelly: To make companies moral, make the employees the owners: Having stockholders can offer confusing incentives for business owners with a mission–but not if those stockholders are employees who believe in the mission, too. In the minds of many entrepreneurs, taking a company public, with shares trading on a public stock exchange, …

Give every American the preferential financial treatment the Federal Reserve, America’s central bank, currently gives private banks

Excerpt from Sam Pizzagatti, July 2020 Cutting-edge progressive activists at the Roosevelt Institute-based Great Democracy Initiative have proposed giving every American the preferential financial treatment the Federal Reserve, America’s central bank, currently gives private banks. These private banks all have accounts with the Federal Reserve. All individual Americans ought to have personal accounts at the Fed, the Great Democracy Initiative argues, and …

PUSH Buffalo’s local clean energy jobs training led to community ownership and more community services: Let’s stop parachuting in experts and listen to locals who are working to fix long-term problems, tenaciously untangling the knot of inequity and injustice

Time Magazine, by MARK RUFFALO and RAHWA GHIRMATZION JULY 9, 2020. Mark Ruffalo is an actor and the co-founder of The Solutions Project, which supports climate justice organizations like PUSH Buffalo.Rahwa Ghirmatzion is executive director of PUSH Buffalo. As the COVID-19 pandemic and police-brutality protests heat up metaphorically, we can’t forget that the Earth is still heating up literally. Because of systemic racism, these crises are hitting communities …

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 …

Community Land Trusts Are a Model for Reparations

By Laura Flanders, Truthout, July 2, 2019, https://truthout.org/articles/community-land-trusts-are-a-model-for-reparations/ This year has already seen more Democrats talking about reparations than ever, including several running for the presidency. Now, rather than writing checks to individuals, more and more people are talking about collective strategies for repair and reparation. Community land trusts, cooperatives and mutual housing associations, for example, might offer a way to transfer …

Public-Common Partnerships: Building New Circuits of Collective Ownership

Public-Common Partnerships: Building New Circuits of Collective Ownership on July 6, 2019 at the P2P Foundation  Download the PDF here Executive summary This report introduces a new institutional framework for a transformative socialist politics: the Public-Common Partnership (PCP). Whilst the era of new public-private partnerships in the UK has apparently come to an end, more than £199 billion of Public Private …

Green New Deal is a Model for Worker Power. The 108th Int’l Labor Conference Recognizes Co-ops as ‘Future of Work’. Co-ops building affordable housing on Pine Ridge.

The Green New Deal is More Than a Climate Plan, It’s a Model for Building Worker Power. At the heart of the Green New Deal is a recognition that shifting to clean energy could leave many behind. That’s why the plan protects workers’ right to organize, calls for universal health care, retirement security and union jobs at a living wage. …

Better for business, better for well-being: 75% of American workers prefer to work in an employee-owned company

Employee ownership offers a solution to the vast income and wealth inequality that is undermining America’s economy. GOOD FOR EMPLOYEES WAGES: Employee owners earn average wages 5 to 12 percent higher than employees in conventional firms. WEALTH: The net worth of employee owners aged 28 to 34 is 92 percent higher than for non-employee owners. RETIREMENT SAVINGS: The average retirement …

Seven principles of a Democratic Economy: community, inclusion, place (keeping wealth local), good work (putting labor before capital), democratized ownership, ethical finance, and sustainability

https://democracycollaborative.org/content/marjorie-kelly-employee-ownership-and-community-wealth Our economy is designed by the 1 percent, for the 1 percent. This book offers a compelling vision of an equitable, ecologically sustainable alternative that meets the essential needs of all people. We live in a world where twenty-six billionaires own as much wealth as half the planet’s population. The extractive economy we live with now enables the financial …