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The Making of a Democratic Economy by Marjorie Kelly EPUB

Our economy is designed by the 1 percent, for the 1 percent. This book offers a compelling vision of an equitable, ecologically sustainable alternative that meets the essential needs of all people.

We live in a world where 26 billionaires own as much wealth as half the planet’s population. The extractive economy we live with now enables the financial elite to squeeze out maximum gain for themselves, heedless of damage to people or planet. But Marjorie Kelly and Ted Howard show that there is a new economy emerging focused on helping everyone thrive while respecting planetary boundaries.

At a time when competing political visions are at stake the world over, this book urges a move beyond tinkering at the margins to address the systemic crisis of our economy. Kelly and Howard outline seven principles of what they call a Democratic Economy: community, inclusion, place (keeping wealth local), good work (putting labor before capital), democratized ownership, ethical finance, and sustainability. Each principle is paired with a place putting it into practice: Pine Ridge, Preston, Portland, Cleveland, and more.

This book tells stories not just of activists and grassroots leaders but of the unexpected accomplices of the Democratic Economy. Seeds of a future beyond corporate capitalism and state socialism are being planted in hospital procurement departments, pension fund offices, and even company boardrooms.

The road to a system grounded in community, democracy, and justice remains uncertain. Kelly and Howard help us understand we make this road as we walk it by taking a first step together beyond isolation and despair.

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by Guest-3700
    on 2021-08-20 09:03:50
avatarThis is a false narrative. Capitalism must be adjusted and even fixed, but "Democratic Economy" is not the way. The 1% continues to make more money because they are able to continue paying the same salaries over time. H1B, middle-class foreign workers, foreign students, all of them help keep salaries down. American students are not able to find jobs, but foreigners can, and are used for such purpose. Unless we penalize large companies for exporting jobs, and bringing cheap foreigners here, the salaries won't rise, and the lower classes will not get paid better. The $15 minimum wage increase will only create inflation, which will eat away the value of the increase driving it to nothing. Regulation of immigration, foreign workers, and labor pressure is the only way to equalize the economy.
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by Mafketel:_super_admin::_male:
    on 2021-08-20 09:38:34
avatarThat's all just a personal opinion.
Often "foreign" workers (as you call them) take the jobs that the "native" workers find themselves too good for. If "native" workers stepped down from their "high castle" so to say then they would have no problem finding a job.
So don't point a finger at others before looking at yourself or the bigger picture.
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