Economic Security

Why Can’t We Commit War Crimes And Destroy The Planet…

December 3, 2025 Lee Camp, Substack. Strategize! Austerity, Economic Security, Pentagon Budget, Wars and Militarism

Sometimes it doesn’t seem like two things are connected. But deep down you know they are. You try to grasp the correlation, but it’s elusive. …I think I’ve found the answer. Why can’t we, the United States, regularly blow up fishermen off the coast of Venezuela — without a judge, jury, or relevant jurisdiction — without 49% of American children languishing in or near poverty?? Why can’t we send tens of billions of dollars to help Israel commit genocide while also having affordable housing for Americans? Rather than the monthly mortgage payment on a typical home doubling since January 2020?

Canada Needs An Industrial Strategy That Serves Public Goods

October 23, 2025 Daniel Cere, Canadian Dimension. Create! Canada, Economic Security, Industrialization, Public Goods, Tariffs

Diversifying Canada’s economic strategy is essential in an era of tariff escalation and growing geopolitical volatility. Stellantis’s recent announcement that it’s heading south sent another Arctic chill to concerns over Canada’s industrial future. Billions in public subsidies are flowing to foreign multinational automakers, yet questions remain: Who benefits? What regions are being prioritized? And what kind of innovation are we actually funding? Last week Stellantis, formerly Chrysler, confirmed it would shift planned Jeep Compass production from its Brampton, Ontario plant to Illinois, part of a $13 billion expansion south of the border.

Don’t Let Wall Street Gamble With Your Golden Years

September 25, 2025 Chloe Rogers, Scheer Post. Educate! Economic Security, Retirement, Trump Administration, Wall Street

Your retirement savings are supposed to be the safest money you’ll ever have — not a roll of the dice. The whole point of a 401(k) and other retirement plans is to let you gradually build wealth that brings economic security in your golden years. But private equity firms are itching to lure retirement savers into Wall Street’s casino. Anyone who wants a secure retirement should recall what Las Vegas tourists inevitably learn: the house always wins. Private equity is a business model built on raising money from big, sophisticated institutional investors like pension funds, endowments, and insurance companies — then buying companies to flip them for profit. It works out well for Wall Street executives who pocket enormous fees, but it often leaves companies and workers in ruins.

Reimagining NGO Relationships With Cooperatives

August 22, 2025 Mari Nishitani, Grassroots Economic Organizing. Create! Cooperatives, Economic Security, Nepal, Women

On her last commute, she sprained her ankle. Still, every morning in the beginning of the month, Lalmaya—the president of Milijuli cooperative—walks two hours down steep hills to reach its office. Halfway there, she pauses to rest, smiles through the pain, and says, “See, we have to have love, you know?” Behind her face, I see the resilience of enduring a lifetime of gender- and caste-based oppression as a Dalit in Nepal, yet continues to pour her passion into transforming the economic lives of women in her village through the collective power of the Milijuli Cooperative. In Nepal, more than 34,000 cooperatives—known locally as sahakari—have sprung up over the past few decades. With principles democratic member control and economic participation, the cooperative stands apart from similarly ubiquitous organizations in Nepal: NGOs.

The Movement Against Overtourism Is Sweeping Southern Europe

June 21, 2025 Olivia Haber Greenwood, Waging Nonviolence. Resist! Economic Security, Europe, Overtourism, Overtourism Movement, Tourism

On Sunday, residents gathered in Barcelona under the hot midday sun armed with water guns, smoke bombs and an ardent desire to take back their city from the tourist hordes descending on it this summer. They marched through the luxury shopping district of Passeig de Gràcia to the shadow of Guadí’s Sagrada Familia cathedral in protest of Barcelona’s “touristification”: the restructuring of urban life in service of the tourism industry. Their slogan “Tourism robs us of our food, shelter and future. Tourist degrowth, now!” gets at the heart of the labor, housing and environmental crisis brewing in Europe’s second-most-visited city.

Liberal Media Blames Trump For Economic Woes That Began Years Ago

April 26, 2025 Jon Jeter, Black Agenda Report. Educate! Economic Security, Presidents, Racial disparities, Unemployment, Worker Rights and Jobs

It is not that Trump’s economic policies improve upon his predecessors in the White House. Indeed there is every reason to believe that his tariffs and deep cuts to the federal workforce will dry up even more the buying power that is the lifeblood of a consumer economy. A second Great Depression is not out of the question. But our economic woes did not begin under Trump; the country was already on the wrong path. Trump merely hit the accelerator. Said Desjon Yisrael, a 35-year-old African American who sells work boots and drives part-time for DoorDash to make ends meet near Greensboro, North Carolina: “It’s the gig economy. It really baffles me that people think that the economy (was) doing really well (under Biden)."

Celebrating Collective Courage

January 28, 2025 Malikia Johnson, Grassroots Economic Organizing. Create! Black History, Book Review, Cooperatives, Economic Security

In 2014, the seminal book, Collective Courage: A History of African-American Cooperative Economic Thought and Practice debuted, and with it a flame sparked in the cooperative movement. Slowly and then exponentially the book went viral by word of mouth throughout black and brown communities across the U.S. and beyond. It was a “how-to” for self-determination and making an impact in the world that was tangible. Jessica Gordon-Nembhard’s book gave us both the answer to a viable alternative outside of petitions and protests and provided a blueprint for how our ancestors, names both widely known and unknown, paved a path toward cooperative economics.

Sources Of Permanent Capital For Cooperatives

December 4, 2024 Bruce J. Reynolds, Grassroots Economic Organizing. Create! Capital, Cooperatives, Economic Security, Worker Rights

Permanent capital provides financial stability for cooperatives. It consists of all the capital reserves that are unallocated to members. Unallocated equity can be defined as: ”The share of net margin (savings) from member and/or non-member business retained by the cooperative for operating purposes. This is considered permanent capital in that there is no obligation to redeem this equity to current or past members unless the cooperative is dissolved” (University of Wisconsin Center for Cooperatives). Such permanent reserves provide a financial buffer during times of economic recession without having to impair member equity.

Sovereign, Domestic Production: Venezuela’s Che Guevara Commune

August 17, 2023 Teri Mattson, WtF is Going on in Latin America and the Caribbean. Podcast – WTF is Going on in Latin America & the Caribbean Communes, Economic Security, Sovereignty, Venezuela

Joining the conversation from Merida, Venezuela are episode guests Felipe Vanegaz and Hilmar Rodriguez of the Comuna Che Guevara and the Unión Comunera. On August 1, WTF returned to Venezuela to participate on a 13 day delegation to study the Venezuela Commune System. While on assignment, each week we will share with you a WTF episode related to Venezuela's fight against US economic warfare including ending 200 years of US foreign policy based on domination of the hemisphere, as well as, the creation of socialist means of production for food and services which are helping alleviate the effects of unilateral coercive measures (economic sanctions).

Momentum For New And Expanded Child And Earned Income Tax Credits

August 7, 2023 Samantha Waxman and Amelia Minkin, Center on Budget and Policy Priorities. Create! Child Tax Credit, Economic Security, State Legislatures, Taxes

2023 legislative sessions saw strong momentum toward creating and expanding child tax credits. Three states created a new permanent child tax credit, one created a one-time child tax credit payment, and seven states improved existing child tax credits. These efforts build on the success of the federal Child Tax Credit in reducing child poverty and improving outcomes for children in the near and long term. Many states this year have also improved their earned income tax credits (EITCs). State EITCs, like the federal EITC, boost incomes for people paid low wages and provide greater support for people caring for children, helping them better make ends meet and thrive in the long run, research has found.

A New Social Contract For America’s Workers

August 4, 2023 Thomas A. Kochan, The Hill. Create! Class Struggle, Economic Security, History, Worker Rights and Jobs

Between 1948 and 1950, the United Auto Workers and General Motors negotiated an agreement that shaped what later became known as the post-World War II social contract. The Treaty of Detroit provided a wage increase tied to the rate of inflation and a 2 percent “annual improvement factor” to ensure workers shared in the economy’s productivity growth. That bargain subsequently became the new norm that companies across the economy were expected to follow. It ensured that as firms prospered and the economy grew, workers would get their fair share of the prosperity they helped to generate.

How The Cost Of Living Crisis Is Hurting Child Health In The United Kingdom

July 2, 2023 Ana Vracar, People's Dispatch. Educate! Child Nutrition, Economic Security, health, United Kingdom (UK)

New evidence continues to pour in, showing how the cost of living crisis in the United Kingdom is devastating child health. A recent survey conducted among school nurses from the School and Public Health Nurses Association (SAPHNA) and members of the British Dental Association (BDA) revealed that 65% of the respondents noticed a deterioration in children’s health and wellbeing, which can be attributed to the worsening of living standards over the past year. Out of the 313 health workers surveyed, 180 (57%) reported working with children experiencing lower energy levels than usual, while 167 (53%) observed slower weight gain in children compared to previous reports.

Kerala’s Kudumbashree: A Model To Emancipate Women

May 23, 2023 People's Dispatch. Create! Economic Security, Gender Parity, India, Women's Rights

25 years ago, in May 1998, the Left Democratic Front government of the Indian state of Kerala started the Kudumbashree program as part of the State Poverty Eradication Mission. The program aimed to socially and financially emancipate women by providing them employment opportunities and space to enter decision making bodies. Today, 25 years on, the program has been a massive success with a notable rise in women’s presence in legislative bodies, as well as a large number of women working in various micro enterprises and agricultural projects. TN Seema, a former member of parliament from the Communist Party of India (Marxist) talks about the journey of the program and where it stands today.

Brooklyn CDC Envisions A New Model For Wealth Creation

April 22, 2023 Emily Nonko, Next City. Create! Economic Security, New York City (NYC), Racism, wealth inequality

In Brooklyn, one of the country’s first community development corporations has announced its plans to transform its historic and much-beloved public plaza into a walkable “innovation campus” that supports wealth creation for local Black residents, amid rising gentrification in the neighborhood. The Bedford Stuyvesant Restoration Corporation was established in the Brooklyn neighborhood in 1967. One year later, Restoration purchased an abandoned milk bottling plant in Bed-Stuy’s heart to serve as its new headquarters. Completed in 1972, Restoration Plaza became a community and business hub responding to the needs of residents. A desire for local arts and culture resulted in the Billie Holiday Theatre and Skylight Gallery.

How The Ghana Susu System Helps The African Diaspora

August 25, 2022 Amidu Mutaru, Grassroots Economic Organizing. Create! Banking, Canada, Economic Security, Solidarity Economy

I was born in Nalerigu village in northeastern Ghana. For most of my life, I watched as my mother, Mariama, worked as a trader and used Susu to meet her financial needs. My mother used money from susu to pay my school fees and to carry out her trade business. Ghana’s Susu system is widely used by the people. Susu means “small small” in the Twi language (Amankwah et al. 2019:2). I only knew about Susu as a banking tradition in Ghana. I did not know that I would come to learn of its activity in a ‘developed’ country when I moved to Toronto, Canada to carry out my doctoral studies in anthropology. In the Spring 2022 I was hired as a research assistant to work on a project to understand rotating savings and credit associations – known as ROSCAs.

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