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Economic Democracy Weekly

Today’s Economic Democracy Weekly looks at the economic distribution of risk and reward—and of conflict over the same. We begin with an article that highlights efforts to use COVID-19 recovery funds to support economic justice. We follow that with two articles that look at struggles over wages—one focuses on miners, the other on nonprofit workers. Lastly, three solidarity economy activists in a webinar conversation discuss how they are using non-extractive forms of community finance to shift risk to those who can afford to bear it, while ensuring that the rewards of investment and economic development flow to low-income and BIPOC community residents.


Will Coronavirus Recovery Funds Advance a Democratic Economy?


Last year’s coronavirus relief bill included $350 billion for tribal governments, states, territories, and localities. Can those dollars advance economic justice? Read more…
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Miners vs. Wall Street: Strikes in the Era of Asset Management Capitalism


Coal miners in Alabama are on strike for a fair contract, but their target isn’t a coal company—it’s Wall Street. Read more...
 
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It’s Complicated: Nonprofit Organizations and Wage Equity

Nonprofit workers have long been asked to “take one for the cause” and accept below-market compensation. This needs to change, but change does not come easy.
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Remaking the Economy: Redefining Risk


To change economic development requires changing how risk is assessed, explain three community finance activists in a lively conversation about risk, race, class, and social power. Watch the video and read more...
 
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