As the COVID-19 crisis continues to unfold in the US through the summer of 2020, evidence mounts that the pandemic has become an extinction event for small businesses.
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There is a great deal of confusion about both what socialism and capitalism mean. Here is a look at different systems or models of socialism, capitalism, and solidarity economy, a post-capitalist framework that emerged in Latin America and Europe in the 1990s.
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In a south Baltimore neighborhood, a powerful, youth-led coalition helped spearhead the first Zero Waste Plan developed by and for U.S. grassroots communities that want to transition from an economy of extraction to one of reuse and regeneration.
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The effects of a local firm facing economic disaster can ripple destructively through a community. Public holding companies could take either partial or full ownership positions in distressed firms to prevent the economic and social dislocations associated with liquidation or collapse.
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An interactive timeline chronicles key moments in the movement to advance the nationalization of the fossil fuel industry, which would enable a managed just transition to renewable energy.
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A postal banking system in which everyone can have an account could provide quick access to emergency support for the millions of people without bank accounts forced to wait months for a stimulus check from the government.
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We must work to ensure that the response to the crisis ushers in the creation of democratic, inclusive, and locally rooted economies centered on collective well-being, local resilience, ecological sustainability, and economic justice.
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