New Economy

Energy Democracy: Taking Back Power

March 4, 2019 By Johanna Bozuwa, Thenextsystem.org Create! Climate Change, Energy, New Economy

Electric utility (re)municipalization is gaining popularity as a strategy to shift away from a reliance on fossil fuel extraction in the context of combating climate change. Across the world—from Berlin to Boulder—communities have initiated campaigns to take back their power from investor-owned (private) utilities and create publicly owned and operated utilities. Moreover, such efforts are increasingly taking on the perspective and language of energy democracy. Energy democracy seeks not only to solve climate change, but to also address entrenched systemic inequalities.

What States Can Do to Reduce Poverty And Inequality Through Tax Policy

March 4, 2019 By Sarah Anderson and Chuck Collins, Inequality.org Strategize! Inequality, New Economy, Policy, Poverty, Taxes

States have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law that lowers taxes on the wealthy, and make critical investments in infrastructure, energy systems, and programs that create broader opportunity and shared prosperity. Concentrations of wealth are distorting our economy and undermining our democracy and civic health. State administrations and state legislatures can act to close the loopholes, put a brake on economic inequality and concentrations of wealth, and generate significant revenue.

Investors Join Calls For A Food Revolution To Fight Climate Change

March 4, 2019 Georgina Gustin, InsideClimateNews.org Create! Climate Change, Food and Agriculture, New Economy, Revisionism

An influential group of investors has added its voice to a growing chorus of health professionals and scientists who are calling for radical changes to agriculture and food consumption in an effort to fight climate change, malnutrition and obesity. A handful of new reports emphasize that climate change and the world's worsening health are urgent, intertwined crises. One of them calls for an international treaty to address the problem. A scientific study published last month also shows how "food production shocks" linked to climate change have been rising globally, putting food security at risk.

Without Amazon, New York Can Now Do Economic Development Right

February 27, 2019 By Isaiah J. Poole, Commondreams.org Create! Amazon, Development, Jeff Bezos, New Economy, New York (NY)

Now that activists in New York City successfully chased Amazon and its “HQ2” plan out of New York City, there is a new challenge: Can the organizers and elected leaders who successfully blocked the kind of economic development they opposed bring about the kind of economic development they want? That was a question that Cheyenna Weber, general coordinator for the Cooperative Economics Alliance of New York City, was wrestling with hours after Amazon announced on Thursday that it was canceling a planned complex in Long Island City, Queens that they said would bring 25,000 jobs to the area.

Scaling Social Justice: A Latinx Immigrant Worker Co-op Franchise Model

February 27, 2019 Emma Yorra, Nonprofitquarterly.org Create! Cooperatives, Immigrants, New Economy, Workers

Araceli Dominguez, an immigrant housecleaner living in Staten Island, New York, has a lot to be proud of. She is a founding member of a local branch of Brightly®, a worker-owned cleaning cooperative with ambitions to be part of a newly created franchise model looking to scale nationally. She has worked hard with her fellow worker-owners to launch their business. “Being in this co-op fills me with a hunger to learn,” she notes. “I am so full of pride. I am an inspiration to my daughters that they too can achieve their goals. Without this, I wouldn’t be the person I am today; I would be a different Araceli.”

Public Schools Should Offer More Vegan Menus

February 25, 2019 Staff, Pe.com Create! California, Food and Agriculture, Los Angeles, New Economy, Schools

LOS ANGELES – Assemblyman Adrin Nazarian, D-Van Nuys, announced proposed legislation Wednesday that he said would provide incentives for public schools across the state to offer students a plant-based entree and plant-based milk at meals. Under AB 479, the Healthy Climate-Friendly School Lunch Act, schools would receive additional state funding for serving the vegan options, which Nazarian said would be healthier and more climate-friendly. The bill would also provide state support for staff training, engagement, recipe development, and other technical assistance needed to help boost participation rates, according to Nazarian’s office.

Cities Should Stop Playing Amazon’s Game & Quit Offering Corporate Tax Incentives

February 24, 2019 By Amihai Glazer, The Conversation Educate! Amazon, Corporate Welfare, New Economy

New York City should count its blessings. Amazon’s decision to walk away from its plan to build a new headquarters in Queens stunned city and state officials, who had promised US$3 billion in incentives in exchange for some 25,000 jobs. They had never questioned whether the promised jobs and economic stimulus would actually appear. I have reviewed much evidence on the effectiveness of tax and other incentives. My conclusion: Incentives just don’t work.

Europe Can Go Organic

February 23, 2019 Staff, Theecologist.org Create! Food and Agriculture, New Economy, Organic

Europe could be farmed entirely through agroecological approaches such as organic and still feed a growing population, a new scientific paper released yesterday shows. Published a week after research revealed a steep decline in global insect populations linked to pesticide use, the ‘Ten Years for Agroecology’ study from European think tank IDDRi shows that pesticides can be phased out and greenhouse gas emissions radically reduced in Europe through agroecological farming, which would still produce enough healthy food for a growing population.

Underserved Communities Increasingly Support Public Banking To Rectify Wall Street Abuses

February 22, 2019 Staff, Publicbankinginstitute.org Educate! New Economy, Public Banking, Wall Street

People from all hues of the political spectrum are recognizing that having local transparent control over the creation of credit through a publicly-owned bank not only saves money, but also gives communities the keys to the most important engine running an economy. Advocates see that this engine could be directed effectively to serve those whom Wall Street has continually exploited. A new report by the Action Center on Race & the Economy (ACRE) calls for a public bank in Chicago to serve the people who live there, instead of the financial elite.

Illinois Workers Celebrate As ‘Life-Changing’ $15 Per Hour Minimum Wage Signed Into Law

February 20, 2019 By Jessica Corbett, Commondreams.org Create! Illinois, Minimum Wage, New Economy, Workers

"Fifteen dollars an hour will be life-changing for me. I can barely afford the basic needs for my two sons on my minimum-wage salary. Simple things like whether to buy school supplies for my older boy or formula and diapers for my little one become agonizing choices," said Fight for $15 member Ieshia Townsend, who works a McDonald's in Chicago. Reflecting on the past six years of grassroots organizing to raise wages across the state, Townsend shared that "as a single mom and a Black woman on the south side of Chicago, I felt invisible before I joined the Fight for $15 and a union. But by coming togethe and speaking out, our voices have been heard." While welcoming the victory on Tuesday, she vowed to continue the fight for a union.

Have The Rich Always Laughed Stiff Tax Rates Away?

February 19, 2019 By Sam Pizzigati, Inequality.org Educate! New Economy, Ruling Class, Taxes

The guardians of our conventional wisdom on taxing the rich have messed up — and they know it. They slacked off. They started believing their own tripe. Average Americans, they assumed, would never ever smile on proposals to raise tax rates on the richest among us. After all, the conventional wisdom maintains, those average folks figure that someday they’ll be rich, too. But now, with tax-the-rich proposals proliferating and polling spectacularly well, the keepers of our bless-the-rich faith are panicking. Their old rhetorical zingers no longer zing.

Study Strongly Supports Public Banking To Finance Infrastructure

February 17, 2019 The Public Banking Institute. Create! Finance and Economy, Infrastructure, New Economy, Public Banking

In honor of the Bank of North Dakota’s centennial anniversary, here is an excellent academic report from Cornell University that includes a detailed case study of BND’s 2015 Infrastructure Loan Fund. The report examines the “unique benefits of public banksand explores strategies for the implementation of similar structured institutions in New York State and the broader US context.” Prepared by Shareef M. Hussam for Professor Mildred Warner at Cornell’s Department of City and Regional Planning, it provides strong academic reinforcement for advocates’ testimony...

What It Really Takes To Secure Peace In Afghanistan

February 17, 2019 Kathy Kelly, Voices for Creative Nonviolence. Create! Afghanistan, New Economy, Peace, Wars and Militarism

Kabul - Hossein, a member of the Afghan Peace Volunteers, (APV), which hosted my recent visit to Afghanistan, rolled up his sleeve to show me a still-healing three-inch wound. Thieves had broken into his family home in Kabul. When they were discovered, one of the robbers stabbed Hossein. An APV coordinator, Zekerullah, was robbed and beaten by assailants in broad daylight. Ata Khan lost his camera and mobile phone to a gang of young thieves who accosted him and eight other people in a public park during the daytime. Habib, a recent young graduate of the APV Street Kids School program, suffered blows from several attackers a month ago.

Seriously Taxing The Rich Will Take ‘Guts’ — And More

February 14, 2019 By Sam Pizzigati, Inequality.org Strategize! New Economy, Ruling Class, Taxes

Jan Schakowsky doesn’t need to apologize for anything. This veteran member of Congress from Illinois has a record second to none on issues that matter to working people. Over the course of her 20 years on Capitol Hill, Schakowsky has introduced much more than her share of innovative legislation, bills like her Patriot Corporations of America Act, a measure designed to give companies that pay their top execs only modestly more than their workers a better shot at winning government contracts.

Black Lives Matter Is Making Single Moms Homeowners

February 13, 2019 Zenobia Jeffries Warfield, Yesmagazine.org Create! Black Lives Matter (BLM), Mothers, New Economy

In May, Tiffany Brown and her children will move into a new home in the historic Black neighborhood of West Louisville, Kentucky. A single mother of three, Brown has spent most of her adult life in public housing. Her first shot at homeownership comes courtesy of a new project by the Louisville chapter of Black Lives Matter to help provide permanent housing to transient families and low-income single-mother households like hers. She had recently relocated to Section 8 housing because of involuntary displacement in her previous location, the result of ongoing practices of segregation and unequal access to housing based on race.

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