Is Capitalism Doomed?
By Nouriel Roubini Project Syndicate, August 15, 2011 NEW YORK – The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on...
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How to Raise Americans’ Wages
Today, the drive to restore workers’ share has been narrowed down to the campaign to raise the minimum wage. That raise is long overdue. The real value of the federal minimum wage of $7.25 an hour is...
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Enthusiasm High for a New Economy for Baltimore
With growing recognition that the economy fails to serve the interests of most people, alternative institutions and processes based on economic democracy are beginning to pop up everywhere. This...
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Life After Work
We have high unemployment, a massive increase in very low paid work, expanding hours, zero hours contracts, unpaid internships, exploited grey-market labour and prison labour and so on. At the same...
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No Shortcuts
We are living in dire times, and the need to develop a strategy to challenge capitalism, white supremacy, and heteropatriarchy is becoming more and more clear. We must nevertheless avoid the temptation...
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The Rules of Revolt
There are some essential lessons we can learn from the student occupation of Beijing’s Tiananmen Square, which took place 25 years ago. The 1989 protests began as a demonstration by university students...
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Economy slumps, Wall Street booms
Alongside the massive diversion of social wealth to the financial elite, the IMF, World Bank and Fed continue to demand the gutting of past social reforms and protections for workers, in the name of...
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Worker-Owners Cheer Creation of $1.2 Million Co-op Development Fund in NYC
In a victory for new economy advocates, the New York City Council passed a budget last week that will create a $1.2 million fund for the growth of worker-owned cooperative businesses. The investment is...
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Our Harvest: Growing a New Type of Food Business
Part farm, part food hub, Our Harvest is the first union worker-owned food cooperative in North America — and it’s based here in Cincinnati’s College Hill neighborhood. The idea for an aggregated food...
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