No shortcuts – redirect power from the 1% and large firms to universal programs and well-being for all, with much determined, selfless work educating, building knowledge, and bringing about change for communities, the country and the world

Reiterated by Matthew Fox, June 28, 2020 In the US the richest 1 percent of the country own substantially more wealth than the bottom 90%;  6 in 10 Americans do not have the resources to come up with $1000 for an emergency such as a medical bill or car repair.  World over, 26 billionaires hold personal financial assets greater than …

One in five White Americans don’t have high-speed internet at home, that ratio is roughly one in three for Black Americans, and one in 2.5 for Latinx Americans

MAY 19, 2020 We Should Own the Internet—Not Silicon Valley Oligarchs It’s time to stop treating high-speed internet as a luxury commodity and instead place it under democratic and public control.BY THOMAS M. HANNA AND ISAIAH J. POOLE http://inthesetimes.com/article/22536/internet-silicon-valley-broadband-covid-19-democracy excerpt One in five White Americans don’t have high-speed internet at home, that ratio is roughly one in three for Black Americans, and one …

Are utilities operating to provide service and support the public interest or are they maximizing their own profit? Are rates fair and reasonable? Have investments had risk? If utility operates imprudently, favoring shareholder interests, then shareholders will face the costs for unforeseen circumstances.

Questions for consideration in Colorado… The current level of return is not “necessary to provide service” – Boulder’s 2018 RFIP shows what is available on the open market. Meanwhile, an excerpt from 2019 document on Managing Stranded Assets and Transitioning Off Gas in California, by EDF and Yale Law Students: Under the general regulatory compact for utilities in California, the …

Electricity prices to drop after reaching 100% renewable target. Publicly owned utilities have been moving faster and offering cheaper electricity.

Australia: ACT electricity prices to drop after reaching 100% renewable target, RenewEconomy, June 2020 (article further down) ** There is a “flexibility and nimbleness” to a small, city-owned utility. These characteristics will help the transition to clean energy — a fact made apparent by some of the cities that have already achieved their 100% renewable goals, like Burlington, Vt. and Georgetown, Texas. Both …

We need to stop treating high-speed internet like a luxury commodity. It is time for democratic control of essential public infrastructure.

In the United States, market-led deployment of broadband internet—along with service provision dominated by a small oligopoly of giant telecommunications corporations—has led to inadequate development and severe inequities. For instance, according to the Federal Communication Commission’s estimates (which many experts think are highly understated), more than 21 million Americans don’t have access to even a minimal high-speed broadband connection of at least …

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 …

Nationalizing the Power Industry Isn’t Radical: The US has a long history of nationalizing in times of crisis. The publicly owned clean power proposal is actually pretty tame.

By KATE ARONOFF, March 2, 2020, in The New Republic Whether Sanders’s platform really calls for taking over “major parts” of the economy is up for debate. In the 1970s, Sanders talked favorably about “public ownership of utilities, banks, and major industries,” and he urged President Richard Nixon to “give serious thought” to nationalizing oil companies during the 1973 oil crisis. That’s a …

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 …