In this Economic Democracy Weekly, we focus on the “democracy” part of economic democracy. Our lead story features a call for universities to jettison their allegiance to the market and rededicate themselves to educating a democratic citizenry. A second article looks at the building of advocacy networks in Puerto Rico, backed by a $40 million investment over four years from the Hispanic Federation. A third article looks at advocacy from a very different vantage point—an interview account of the first successful tenant buyout of a property under a new law in California. Our last article looks at donor giving in 2020; one key takeaway from the data is that nonprofit calls for philanthropy to step up amid COVID led to a nearly $12 billion increase in grantmaking.
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Truth be told, many if not most universities have lost their way, embracing private gain and economic advancement over what are supposed to be their core purposes of educating ethical democratic citizens and advancing knowledge for the public good. Read more...
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Since Hurricane Maria, community groups, with support from the Hispanic Federation, are building advocacy networks with staying power. Read more...
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Nonprofit donation revenues were once expected to tank in 2020. Instead, driven largely by foundation commitments made in response to COVID, total giving went up 3.8 percent. Read more...
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