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There’s a wonderful phrase for how capitalism works in the real world (I’m not sure who first came up with it, but I associate it with Noam Chomsky): “The socialization of risk and cost, and the privatization of profit.” That’s a pretty good description of what the state...
What's basic income? "A basic income is an income unconditionally granted to all on an individual basis, without means test or work requirement" (Basic Income Earth Network, (BIEN)). What are the benefits of basic income? Benefits include, in no particular...
It’s a recurring theme lately that whenever one will point out suffering and generally bad stuff happening because of Capitalism, right-wing libertarian apologists will pop-up from the woodwork to point out that “This ain’t Capitalism”. They will claim that the government...
The UK has two welfare states.  There is one that is reported and endlessly discussed, and another, which is rarely mentioned.  Whilst the first is suffering enormous cuts under the Tory/Liberal Democrat coalition, the other just keeps expanding. Comedian, author and...
Advocating liberty means opposing the use of force to restrain peaceful, voluntary exchange. But it doesn’t have to mean calling a system of peaceful, voluntary exchange “capitalism.” Some people, of course, think this is obviously what “capitalism” means. And I can’t prove...
The global gap between incomes, wealth and living standards is a long-standing failure of human ingenuity and purpose. But in recent years we’ve alsowoken up to the blight of economic inequality within countries, including in the UK where the problem has been growing for the...
The word “anarchist” is thrown around a lot these days. When discussing their mild disagreements over foreign policy, healthcare, tax rates, gun control, immigration, torture, or the war on drugs, it’s not uncommon for a Republican or Democrat to hurl the word at each other...
As businesses increasingly embrace a not-for-profit culture, an end to overconsumption on a finite planet could finally be in sight. But given the huge lobbying power of vested interests, it will remain impossible to create a truly sustainable world until the illegitimate...
The Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) are the latest in a long line of international free trade agreements. But why are they bad for the majority of people and the planet and what are the justifications given by...
There are places where you can come over a bridge and see a whole big city spread out before you. The Mystic River Bridge coming into Boston is such a place, as is the Brooklyn Bridge into Manhattan or the Golden Gate Bridge into San Francisco. Driving over one of these...
For decades now, Noam Chomsky has been widely regarded as the most important intellectual alive (linguist, philosopher, social and political critic) and the leading US dissident since the Vietnam War. Chomsky has published over 100 books and thousands of articles and essays...
What does genuine economic progress look like? The orthodox answer is that a bigger economy is always better, but this idea is increasingly strained by the knowledge that, on a finite planet, the economy can’t grow for ever. This week’s Addicted to Growth conference in...
First, the truth [ffa-no-ads]If you are naked, cold, and hungry, and somehow you get shelter, clothing, and food, you will feel better. Providing for these necessities creates a qualitative change in life, and could even be said to, in some ways, produce “happiness.” You...
For-profit capitalism has created social and economic inequality; successful not-for-profit businesses including Mozilla and the Big Issue point to an alternative path At the heart of the failing capitalist system is the “for-profit” ethic. Based on the myth that humans are...
When we, as human beings, get a fever, we immediately get worried and take action. After all, we know that if our body temperature rises to 1.5ºC, let alone 2ºC [3.6 ºF] above the normal average, there can be severe damage, while an increase of 4-6ºC [7.2-10.8 ºF] or more can...
These ten moving and often funny short films document a proud 50 year history of campaigning, strikes, occupations, work ins and solidarity in the name of fair pay, decent jobs, and economic justice. The films are made up of interviews with key organisers, speaking about the...
The time has come when we must demonstrate in our millions not against this or that, but rather for who we are * * * At this time of economic turmoil it can be difficult to perceive for oneself how the principle of sharing is a solution to world problems, and this is...
I recently read about a cash-strapped seven-year Walmart employee in Louisiana who says she'd live in her car if she could figure out how to do it. Another Walmart employee claims that many Walmart "associates" actually do that to make ends meet, but it's really not an option...
Ahead of UN summit, organizers of direct action say the planetary crisis of global warming 'is a result of an economic system that is based on endless extraction, endless growth, and ceaseless exploitation of the earth and people.' What does climate change have to do...
10. Capitalist corporations suffer from a personality disorder characterized by enduring antisocial behavior, diminished empathy and remorse, and are rewarded by shareholders for acting that way. If corporations could be sent to a criminal psychologist's office they'd be...
What would happen if we didn't have to worry about making a living anymore? Would people just sit on their asses all day or actually do something meaningful with their lives? Michael Bohmeyer, a 29-year-old founder of a tech startup in Berlin, wanted to find out. After he...
“Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the bliss of leisure.” Much has been said about the difference between money and wealth and how we, as individuals, can make more of the...
In an article that will no doubt make “progressive” hearts go pitty-pat (“The 1% May Be Richer Than You Think, Research Shows,” Bloomberg, August 7), Jeanna Smialek suggests that top 1%’s wealth is far greater even than official statistics indicate – and that because so much...
An amazing cartoon made by Gavin Aung Than, which is inspired by this great lecture of the philosopher Alan Watts.
“A customer is the most important visitor on our premises. They are not dependent on us. We are dependent on them. They are not an interruption in our work. They are the purpose of it. They are not outsiders in our business. They are a part of it. We are not doing them a...
“The world has physical limits that we are already encountering, but our economy operates as if no physical limits exist.” -Christopher Martenson What will the earth look like in 50 to 100 years from now? To some of us that may sound like a long time, but in reality it...
"The revolution in this era may not need pitchforks, as the ‘peasants’ can just stop paying for the plutocracy." “The Pitchforks Are Coming ... For Us Plutocrats”! This is how self-proclaimed unapologetic capitalist Nick Hanauer addressed the explosion of global economic...
Americans think it's normal to hate their jobs. Let us introduce you to the Danish concept of arbejdsglæde. It means happiness at work. Here's how Danish offices make sure it's happening.  
Psst: Working less is the key to success.  Want to make employees happier and more productive? Give them a four-day work week. The concept was introduced in the 1950s by American labor union leader Walter Reuther, but it’s taken a long time for the country to come around to...
"What I can't understand is, why aren't people rioting in the streets?" I hear this, now and then, from people of wealthy and powerful backgrounds. There is a kind of incredulity. "After all," the subtext seems to read, "we scream bloody murder when anyone so much as...
Self-organized commons are undergoing a renaissance today as one of the most robust alternatives to modern-day capitalism. Mention the commons and most people conjure up the image of a bucolic English pasture. The commons were the fields and forests where medieval commoners...
Like a few other cities, the city is letting some citizens vote directly on how the city spends its money. But, of course, it's adding an online twist.   The heart of Silicon Valley is experimenting with a novel form of direct democracy that gives citizens direct control...
Almost everywhere we look, there is an emerging debate on the importance of sharing in relation to the grave challenges of our time. This conversation is most apparent in the sharing economy movement that has now taken the United States and Western Europe by storm, opening up...
Shared ownership helps to diversify rather than concentrate wealth and roots the value it generates in communities. Inequality has become an embarrassing social reality for more and more global citizens – a reality that we seem very far away from solving. One particular...
A quiet revolution is rumbling through New York's municipal offices as they retool to support the creation of worker cooperatives as a way to fight poverty. Spurred by the powerful example of immigrant-owned cleaning cooperatives and the longstanding example of Cooperative...
As history has shown, France is capable of the best and the worst, and often in short periods of time. On the day following Marine Le Pen's Front National victory in the European elections, however, France made a decisive contribution to the reinvention of a radical...
During the 15 years, I lived and worked in Asia as a development professional from 1978 to 1992, I witness a troubling paradox. GDP was growing, incomes were rising, there was an expanding middle class, and a few people were getting fabulously rich. Development seemed to be...
Back in in the day, an activist colleague of mine liked to wisecrack that whenever corporations talked about environmental solutions everyone could live with, what they meant were "solutions" only a politically acceptable number of people would die from. That is so 1980s...
Modern America has a strong generational divide.  Whether it’s cultural or political, there are a wide-range of topics that can be off limits when talking to “the grandparents.”  On the reverse side, it can be hard to listen to the “wisdom” of a generation that’s had such a...
The peoples of earlier times prospered from the guidance of simple stories that offered answers to their deepest questions. We need those now more than ever. For people, generally, their story of the universe and the human role in the universe is their primary source of...
This is a 'testament to how working people can push back against the status quo of poverty, inequality, and injustice'   'We made this progress possible... but it is neither strong enough nor fast enough.'  That's the summarized reaction by progressive activists in Seattle...
Half of all Canadians want it. The Swiss have had a referendum on it. The idea's not as far-fetched as it sounds What if you could receive a guaranteed basic yearly income with no strings attached? Didn’t matter how much money you made now, or in the future. Nobody would ask...
Senator Lindsey Graham (R-SC) said, "It's really American to avoid paying taxes, legally...It's a game we play...I see nothing wrong with playing the game because we set it up to be a game." It's not a game for Americans who need jobs and education and public transportation...
First, the bad news: Even if the economy improves, middle-class career paths will continue to disappear as globalization and technological innovation render more jobs obsolete. Now, the good news: The fear, stress and humiliation caused by unemployment (and underemployment)...
Tax day, April 15th, is a day of celebration in the United States. On this day we citizens of the great republic take pride in the fact that we can come together in a democratic society and make decisions cooperatively with one another. The fruits of our labor, beholden to...
Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was thoroughly discredited.  The explosive development of shale oil and other unconventional fuels...
The Universal Basic Income (UBI) – sometimes called the Unconditional Basic Income, Citizens’ Income or Social Wage – has in recent times become a focus of economic discussion across the political spectrum. While column inches in the Financial Times and The Economist have...
Ever since we started writing and speaking about our current book project, How on Earth: Flourishing in a Not-for-Profit World by 2050, we have been amazed by one phenomenon in particular. When we have a chance to explain to people what not-for-profit (NFP) enterprise...
The unions, especially the SEIU, are backing this campaign for $15 wages. Some worry the workers are being used like pawns   The sight one year ago of scores of fast-food workers walking off their jobs and marching through the streets of New York City demanding $15 an hour...