Detroit’s fortunes rose and fell on four wheels, but its past- and its future- could be built on two. That’s what Jen Wieczner at Fortune Magazine thinks, and, with at least seven bicycle makers setting up shop in the once “Motor City”, she may have a point. “Everybody in this town knows somebody who worked […]
Our growing economic crisis has forced more people from various socioeconomic backgrounds to live on the street; now increasing numbers of Spain’s homeless population were formerly members of the middle class.
Beth Buczynski’s new book: Sharing is Good: How to Save Money, Time and Resources through Collaborative Consumption, chronicles the roadmap to our sustainable future. This accessible and well-written volume explains the many ways that sharing our resources can not only help to save money, energy and time, but can also allow us to strengthen our communities and build more meaningful personal relationships with one another.
For five years Annie Leonard and the folks from the innovative Story of Stuff Project have been creating compact educational videos explaining complicated ideas in a very accessible and easy to understand format. One of their most recent short films, The Story of Solutions, is perhaps the most hopeful and inspiring in the series.
In an attempt to reverse rampant extreme poverty and severe economic inequities, the Swiss populace is now demanding a vote to implement a Basic Income for all of its citizens. These proposed economic reforms would mandate $2500 francs monthly for every adult; regardless if they are rich or poor, all people would be treated equally.
Economist and former Secretary of Labor Robert Reich shares an insightful Labor Day message concerning how we can improve the plight of struggling workers in the United States.
Recently I was listening to an engrossing radio interview with the visionary economist and author, Gar Alperovitz, as he was discussing his new book, What Then Must We Do?, which highlights the rise of cooperatives, worker ownership and the restructuring of our failing economy from the bottom up.
It seems like every month the number of people who are unemployed, or in need of food stamps soars to record new levels, while corporate profits continue to skyrocket. Attempting to describe the gargantuan disparity in wealth that exists in the United States is increasingly difficult. Currently 1% of our population now possess 40% of our nation’s wealth, while the bottom 80% of us own just a scant 7%.
We are in the middle of an economic revolution toward much more local investing. The collapse of mammoth Wall Street banks, the LIBOR scandal and corrupt corporate malfeasance have given rise to growing support for regional credit unions, cooperatives and time banks, as well as increasing interest in loaning money to small independent neighborhood businesses. Michael Shuman, the director of research and economic development at the Business Alliance for Local Living Economies (BALLE), has written about this expanding money revolution in his recent book, Local Dollars Local Sense.
Just as newly christened potential vice presidential candidate Paul Ryan told his supporters that he was “thrilled to be a part of America’s comeback team”, the Obama campaign released another endearing nickname for the political duo: “The Go Back Team”. It is inexplicable why these Republicans keep desperately clinging to the belief that the miserably failed trickle down economics fraud that already drove our country off a cliff is still somehow a viable solution.
Jon Stewart spoke with Nobel Prize-winning economist Joseph Stiglitz about how the extreme concentration of wealth in the hands of a few plutocrats is destroying the very principles upon which our country was founded:
“It seems like people are not angry at wealth or success, they get frustrated by what appears to be an entirely different set of rules put in place by the wealthy, who then say: ‘Hey man, I’m just playing by the rules’, as though those rules were an arbitrary design of the free market.”
The Exxon-Valdez is in the news again — this controversial ship is set to be disassembled, and its scheduled dismantling is bringing light to important issues such as how to preserve the health of workers and how to protect the environment from the ships toxic elements.
A new report has been published which compiles detailed information about the enormous amount of money that is being hidden by billionaires in offshore accounts. The research, The Price of Offshore Revisited, shows that over 21 trillion dollars, more than the total combined GDPs of both the United States and Japan, are being sequestered out of sight into the legally murky offshore economy. The super elite are using every available resource to exploit loopholes in cross-border tax rules to avoid paying their fair share.
Streetbank is a free website that helps you to more easily share and borrow things or skills from your neighbors. It connects you to a local network of other people who are also interested in lending, sharing their abilities and building regional community — it is meant for anyone to use for free, and is specifically not about making money or a profit, or for any professionals to sell their services. It exists simply to help promote the common good.