On social license to operate: Blackrock $6 tn investment manager says “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”

By Steve Hanley on Clean Technica, Jan 2018 Laurence D. Fink may not be a household name, but he is a very influential person. When Mr. Fink speaks, others listen. Why? Because as the founder and CEO of BlackRock, he controls more than $6 trillion in assets. That’s the kind of clout that gets a person noticed. On January 16, …

“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.” MLK also supported a jobs guarantee, a living wage and universal healthcare

BY MATTHEW MILES GOODRICH in In These Times, Jan 2018 For King, the only solution to America’s crisis of poverty was the redistribution of wealth. In 1952 a 23-year-old Martin Luther King Jr. wrote a love letter to Coretta Scott. Along with coos of affection and apologies for his hasty handwriting, he described his feelings not just toward his future wife, but …

Democrats support a “culture of life”, which includes support for schools, health care and retirement security and care for creation

Excerpt from Rural In These Times, Jan. 2018 Democrats haven’t been doing well in rural areas, but a recent interview of 72 democratic leaders from these areas share their insights in a 51-page report that addresses current political realities that, however inconvenient, are key to understanding (and, hopefully, addressing) the nation’s rural-urban, social and economic divides. While these divides are not necessarily …

A Populism of Hope Begins When People Feel Their Own Power: At work behind almost any great social movement is an engine of counter-economy

Published on Thursday, January 18, 2018 in YES! Magazine and Common Dreams, by Nathan Schneider At the March on Washington for Jobs and Freedom, attended by an estimated 200,000 people, a group heads down a street carrying protest signs. Dr. Martin Luther King can be seen on the left side at the head of the group. August 28, 1963 (Photo: © CORBIS/Corbis via …

Cornel West: America is spiritually bankrupt. We must fight back together: The undeniable collapse of integrity, honesty and decency in our public and private life has fueled racial hatred and contempt

By Cornel West, from his new 25th Anniversary introduction to Race Matters, also in The Guardian, Sun 14 Jan 2018  We live in one of the darkest moments in American history – a bleak time of spiritual blackout and imperial meltdown. Exactly 25 years ago, in my book Race Matters, I tried to lay bare the realities and challenges to American democracy in …

Why millennials are facing the scariest financial future of any generation since the Great Depression

Dec 2017, By Michael Hobbes Today, they’re almost all indirect hires, employees of random, anonymous contracting companies: Laundry Inc., Rent-A-Guard Inc., Watery Margarita Inc. In 2015, the Government Accountability Office estimated that 40 percent of American workers were employed under some sort of “contingent” arrangement like this—from barbers to midwives to nuclear waste inspectors to symphony cellists. Since the downturn, …

Democratic reform proposal moves forward, laying groundwork for a different primary

As a result of the Unity Reform Commission’s recommendations, the Democratic Party could see major changes to the superdelegate system. (Photo by Joe Raedle/Getty Images) Berniecrats Score Another Major Win Against the Democratic Establishment Under proposed reforms pushed by backers of Bernie Sanders, the Democratic Party’s 2020 presidential primary would take place on a much fairer playing field than in …

There’s proof: electing women radically improves life for mothers and families

When Iceland elected a female president in 1980, it set off a domino effect that turned it into one of the most egalitarian countries. What can the US learn?  Thorunn M Ingvarsdóttir, mother of two, in Iceland. Women make up 38.6% of the Nordic country’s governing body. Photograph: Brynjar Gunnarsson for the Guardian When Vigdís Finnbogadóttir, a divorced single mother, …

Highlights from Insane Clown President: Dispatches from the 2016 Circus by Matt Taibbi

47 highlighted passages, references are to the Kindle version, Last annotated on June 2, 2017 The thesis of the book was that we were moving toward a future in which facts would be increasingly irrelevant and people would gravitate more and more toward conspiratorial politics. This situation was fueled by the repeated failures of once-trusted institutions to respond to the frustrations …