Rather than continuing to pay off the very people who created this financial crisis, it's time to bite the bullet and start building an economic democracy featuring public banks and mutual funded holding companies Full Story »
Posted by Dwight Rousu
Dorrien looks at the problems in the economy and environment and thinks outside the box at potential solutions to the basic structures that have led to the the problems.
Essentially, this is a scheme to pay fantastic bribes to private investors to buy the bad assets for more than they’re worth. Here’s A Better Idea: Let’s Create Good Banks!
Economic democracy is about democratizing power and creating environmentally sustainable economies.
Today there are approximately 12,000 worker-owned firms in the United States
The issue of choice, however, is the key to a better alternative. A politics that expanded the cooperative and social ownership sectors would give workers important new choices.
The manic logic of corporate capitalism pays little heed to communities and the environment, and none to equality. Corporate giants like ExxonMobil succeed as businesses and investments while treating the destructive aspects of their behavior as someone else’s problem.
For thirty years one had to be a stubborn type to sail against the religion of the market. Now one only needs to be awake.
