How billionaires can really give all their money away, lessons from L.A.’s street vendors, and the potential of unionized worker cooperatives.
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** Economic Democracy Weekly
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Today marks the 232nd anniversary of the day Parisians stormed the Bastille, an event that has come to symbolize the start of the French Revolution. Our lead story comes from a group known as the Patriotic Millionaires that a year ago on Bastille Day called on multimillionaires and billionaires to commit to giving away their vast stores of wealth. We also feature a story on how union co-ops might be one path to achieving those centuries-old values of liberty, equality, and solidarity. Last, but not least, this week we launch with Hispanics in Philanthropy (HIP) a series of articles on economic justice in Latinx communities—first up, an introductory article by the CEO of HIP and a story from Los Angeles on the economic justice struggles of Latinx street vendors.
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Billionaires Say They Can’t Give Their Money Away Fast Enough: Here’s How ([link removed])
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Many billionaires who’ve signed the “Giving Pledge” have seen their net worth rise. But there is a serious path for them to give away their money, if they commit to doing so. Read more... ([link removed])
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The Liberatory Potential of Union Co-ops ([link removed])
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Union co-ops—that is, worker co-ops linked to unions—open a path to a solidarity economy of interconnected worker-owned cooperatives. Read more... ([link removed])
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Economic Justice: Lifting Up New Latinx Voices and Leaders ([link removed])
The events of the past year have deeply affected the Latinx community. One lesson: achieving economic justice requires supporting new approaches and new leaders. Read more... ([link removed])
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Curious about the latest trends in Philanthropy? CCS's on-demand webinars uncover the new Giving USA 2021 data, featuring insights from nonprofit leaders across the country.
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How Street Vendors Can Build a Just Economy: Lessons from Los Angeles ([link removed])
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The 50,000 street vendors in Los Angeles have often been at best an afterthought in the city’s economic development strategy. But vendors are organizing to change that. Read more... ([link removed])
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