Renowned social theorist, systems thinker, and organizer, Marjorie Kelly, gives an early look at her new book: Wealth Supremacy. Speaking with Colin Bruce Anthes, she details the entrenched ways our current system is built around myths that make giving more wealth to the already wealthy seem necessary— even when we try to use our institutions for the common good. Kelly contrasts this with an outnumbered but successful democratic economy with many forms of democratized ownership and participation: public utilities, employee-owned companies, community land trusts, cooperatives, and more. We can create an economy that works for everyone, she argues, but only if we systematically discredit the moral status of wealth supremacy and turn towards a democratic economy paradigm.
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
The Federal Reserve is trying to increase unemployment and strip U.S. workers of the small gains in bargaining power they have achieved in the aftermath of the COVID economic lockdown. Robert Pollin joins Paul Jay on theAnalysis.news.
On Juneteenth weekend, activists converged on Washington in support of the Mass Poor People’s & Low-Wage Workers’ Assembly. Grossly underreported by corporate media, the demonstration was led by the co-chairs of the Poor People’s Campaign, Reverend Dr. William J. Barber ll and Reverend Dr. Liz Theoharis.
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