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Stories

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From private profit to public alternatives

Public ownership is gaining ground against privatization—here’s why neoliberalism’s narrative is falling apart and why the people are taking back the economy. read more
Citizen power

The latent, unused power of citizens—and the production of public collateral

Citizens’ have untapped power to hold financial elites to account—and implement a Green New Deal. That power can be used to transform the balance between the people and the private finance sector. But first, we have to break through the fog surrounding the monetary system. read more
Welding robots

The problem isn’t robots taking our jobs. It’s oligarchs taking our power

The focus on learning to program the robots that are taking our jobs is a trap. Organizing unions and developing pathways to ownership is the best way workers can address the anxiety of the so-called “automation age,” not chasing the labor market demands of elites. read more
No PG&E Bailout—Democratize Our Power

Public takeover of PG&E: A radically common-sense proposal

This is a key moment for the state of California to step in, take over, and design a utility system that centers affordability, reliability, resiliency and leadership on climate change. read more

Stories

Municipal enterprise

Municipal enterprise

Municipal enterprises are businesses or services owned by local public authorities that provide services or generate revenue for local communities. read more
A still from an animated video exploring the community banking model

Putting banking back in the hands of the people: The role of regional cooperative banks in community wealth building

One crucial player in the institutional landscape of all successful examples of community wealth building is a community bank. read more
Elizabeth Warren against a backdrop of pills

The Warren/Schakowsky public pharma bill: a good first step

Warren and Schakowsky’s bill, by putting public manufacturing for the public good on the table as a real option, represents an important advance, but there are further important opportunities to expand the scope and impact of public pharma that we should not neglect.  read more

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Sunrise Movement Green New Deal demonstration Congress

The Green New Deal and the shift to a new economy

There is more at stake in the “Green New Deal” than protecting the planet from the threat of climate change; it’s also a chance to confront the inequities of the current economy. Johanna Bozuwa, research associate at The Next System Project; Anthony Torres, a campaign strategist at the Sierra Club; and Evan Weber, political director and co-founder of the Sunrise Movement, discuss the broader goals that the Green New Deal movement must achieve. read more

Stories

Employee stock ownership plan

Employee stock ownership plan

Description An employee stock ownership plan (ESOP) enables full or partial ownership of a business by its employees through a pension plan or trust. The first ESOP was created in 1956 by a San F read more