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Economic Democracy Weekly

Today’s Economic Democracy Weekly centers on the conflict between wealth and democracy. We begin with an article on the growth of billionaire wealth and its consequences. Next, our series with Movement for Black Lives (M4BL) concludes with a vision for liberatory economic policy. Then, a story from José Garcia of the Ford Foundation on how unions restrain plutocracy and advance democracy. Finally, we feature an interview with journalist Hamilton Nolan on power, inequality, and the labor movement—the latest in our ongoing series of “Truth to Power” conversations.


A Clear-Eyed Look at the Consolidation of a Billionaire Class

 
“The rise of a billionaire class is relatively recent. Back in 1980, there were 13 billionaires in the United States… Today, [there are over] 700.” Read more... 
 
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How to Eliminate the Myth of Meritocracy and Build the World We Deserve

 
“The story that we often tell about Black people and money is deeply flawed and incomplete. This results in policy that is just as flawed and incomplete.” Read more... 
 
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Democracy Needs Workers

 
“In a nation where rising inequality has fractured Americans into factions … organized labor has the power to address some of our most pressing and polarizing problems.” Read more…
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Sticking with the Union: A Conversation with Hamilton Nolan

 
“Rising inequality is not just an economic story. In a country where money can buy power, it’s a political one.” Read more…
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