80% of jobs lost are in the bottom half of the income distribution and 58% of small businesses are worried that they will have to close permanently due to Covid-19: There are alternatives!

Local Elections Wins: From universal preschool to possible student debt cancellation, we’re seeing a mandate for bold moves toward a democratic economy coming out of this month’s elections. As organizers continue to shape a national-level vision for the next four years, check out this roundup of successful ballot initiatives to reduce inequality that show what’s already possible at the local …

The New Economy Will Be Built by Movements

Dec 2020: Over 250 of the nation’s largest union, racial-justice, climate, and other grassroots groups joined forces in September with over 100 members of Congress to urge the creation of a new institution as part of the THRIVE Agenda. THRIVE offers a bold and cohesive economic-renewal plan—backed by a movement of movements and a strong majority of voters—to put 16 million people back …

Fall 2020 federal public banking proposal

Rashida Tlaib and AOC have a proposal for a fairer, greener financial system — public banking Released on Oct 30, the bill would foster the creation of public banks across the country by providing them a pathway to getting started, establishing an infrastructure for liquidity and credit facilities for them via the Federal Reserve, and setting up federal guidelines for …

Why Is the Fed Paying So Much Interest to Banks?

APR 01, 2019 TruthDig, Ellen Brown, Why Is the Fed Paying So Much Interest to Banks? A movement is also afoot to establish state- and city-owned banks that would have the ability to lend for infrastructure and other local needs. Local governments cannot get a risk-free 2.4% rate from the Fed for their demand deposits, but city- or state-owned banks …

Intense multiyear lobbying campaign by Time Warner Cable, AT&T, CenturyLink, and others to bar communities from building their own better, more affordable networks

Millions of dollars bought restrictions that encourage cable and DSL monopolies rather than new choices for residents and businesses BY LISA GONZALEZ , ILSR 3 JAN 2013  After a city in North Carolina built a Fiber-to-the-Home network competing with Time Warner Cable, the cable giant successfully lobbied to take that decision away from other cities. The city of Wilson’s decision and resulting …

It’s Time for States to Invest in Infrastructure

Center for Budget and Policy Priorities, It’s Time for States to Invest in Infrastructure, updated March 19, 2019 by ELIZABETH MCNICHOL State investment in transportation, public buildings, water treatment systems, and other forms of vital infrastructure is key to creating good jobs and promoting full economic recovery. States should reject the flawed economic growth strategy of cutting taxes and offering …

‘After All, It’s Our Money’: Global Climate Campaigners Call for Public Banks to Fund Just Recovery and Green Transition

Amid the Global Week of Action for Debt Cancellation and one month ahead of the Finance in Common Summit, climate justice advocates on Monday urged public banks around the world to treat government responses to the coronavirus crisis as opportunities to coordinate just recoveries from the ongoing public health and economic calamities and to simultaneously facilitate just transitions from dirty to clean energy, thereby …

Public banking can help bridge the racial wealth gap in the post-pandemic recovery

By using public money to create local funds, public banks can reverse decades of racist disinvestment to repair Black and Brown communities hardest hit by the COVID-19 recession. By Ameya Pawar and  Harish I. Patel | July 7, 2020 (Chicago Tribune) Local and state governments are facing massive budget deficits after economically sensitive revenue streams tanked as a result of the extreme but necessary social …

Low-Income Households Pay More for Energy, but Efficiency Can Help

With bans on utility shutoffs during the COVID-19 pandemic expiring, action is needed to ease the energy burdens of at-risk communities. By Ariel Drehobl, US News, Sept 30, 2020 How Energy Efficiency Can Help Those With Lower IncomesMore Energy efficiency and weatherization can help ease the burdens of millions of struggling families. PAY THE ELECTRIC BILL or the mortgage? Run the air …

More than 1 in 3 US rooftops are suitable for solar: 30 million rooftops should be in next relief bill

350 Colorado’s Take on the Governor’s Roadmap + Why 30 Million Solar Rooftops Should Be In the Next Relief Bill https://ilsr.org/why-30-million-solar-rooftops-should-be-in-the-next-relief-bill/ by JOHN FARRELL 10 April 2020 As the federal government looks to a second (or even third) stimulus bill, Congress should consider a huge opportunity to pay Americans that pays back: solar rooftops. Somewhat more than one in three home …