No Longer The “Gimme Election”

This year is no different from any other national election year in recent memory. Primal political party strategies emerging before November’s archetypal vote continue to mark strong differences between “prosperity gospel” versus compassionate conservatives on the right pitted against “divine left” elitist class versus working class progressives on the left. The principal similarities between the […]

Pivoting a City: Can Startups Help More Than Themselves? | The Atlantic

by Alexis Madrigal Pittsburgh has proven fertile soil for new companies, but the startup mentality may meet its match in a real town’s legacy problems.  Pittsburgh is a great place to investigate the possibilities of a start-up led urban resurgence because of all the cities between the coast and Chicago, it’s the one that’s farthest along […]

I Versus We, Me Versus You

For three full decades we’ve seen wrenching social dislocations in America’s rust belt occur when an unleashed, unchained, and morally unregulated private sector picks winners and losers. Today, roughly 23 million Americans are currently unemployed or under-employed, more than five million American homeowners have suffered foreclosure since the 2008 start of the financial “Great Recession” […]

“O’er the Land of the Cruel and the Home of the Saved”

All across the nation, rustbelt wasteland cities and rural fly-over counties beg for justice and renewal. From unending industrial abandonment to newly fracked regional residential superfund-sites-in-waiting oozing out of gas-land drill-belts, today’s manna from policy heaven consists of austere and unforgiving catch-22 budgetary recession ironies – we’re going to defund what you need – to […]

Corporations As People Or People-Owned Corporations?

The two most compelling emerging innovations to grace the “enlightened local living economy” movement are the growing awareness and adoption of “shared community ownership” models coupled with an evolving financial community dedicated to “responsible investing.” Shared community ownership refers to local stakeholders as the majority shareholders of privately held market-based corporations in various formats (cooperatives, […]

Steve Dubb: Why Building Community Wealth Is a Key Challenge to Corporate Power | Naked Capitalism

As resistance has grown to America’s widening gulf between the “1 percent” and the rest of the population, something new has exploded in America’s communities; “community wealth building” is an explicit strategy to democratize the ownership of wealth from the ground up. With traditional regulatory and tax-and-spend approaches faltering at every level, the notion that […]

From Moral Hazard to Virtuous Cycle

If events of the last three years have taught us anything, it’s that America needs a new business plan. Main Street has suffered outsourcing, foreclosures and pink slips, while Wall Street has secured a taxpayer-financed lifeline and awarded its executives mega-bonuses. This doesn’t pass civic decency muster or the economic patriotism smell test. Fortunately, more […]

Reconstructing America’s Economic System Is Within Reach | Truthout

Excerpt from the introduction to the new paperback edition of “America Beyond Capitalism”: The primary theoretical and strategic argument of America Beyond Capitalism is that an “evolutionary reconstruction” of the system is not only necessary but well within the range of long run possibility. The argument rests on three challenging assessments: The first and foundational […]