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By Patrick Duggan
Posted on: May 15, 2017
The availability of “good jobs” had been diminishing for decades even before America’s job market bottomed out in the Great Recession. Since then, our economy has produced more than 14 million jobs and unemployment has dropped below 5%. That sounds great on paper, but most new jobs have been in low-wage retail and fast-food occupations, and many parts of the country have been skipped over altogether.Some companies are creating good jobs by offering benefits like paid family leave/sick days, child care, retirement programs and even an ownership stake for employees. These high-road practices... read more
By Mitch Rofsky
Posted on: April 25, 2017
President Trump says he will release his tax reform agenda this week.What a multi-tasker. It’s not easy to be early and late at the same time.While he’s behind in announcing his reforms—just barely squeezing his program (which isn’t even in legislative form) into the 1st Hundred Days, he’s actually rushing it. He still hasn’t provided the American people with the information we need to decide whether to provide our support: his tax returns.And, for once, the response is bi-partisan. Twelve Republican senators have now joined with Democrats calling for Trump to release his tax returns.There’s... read more
By Andrew Winston
Posted on: April 13, 2017
In September 2014, hundreds of thousands of people marched through the streets of New York City to raise awareness about climate change. Among them were leaders from major companies and business associations who saw the opportunity to show the pivotal role businesses can play in tackling climate change. The People’s Climate Movement is gathering citizens again in a few weeks, but this time in Washington, DC. Their collective voices will demonstrate to our elected officials the scale of demand for action.Business leaders should show up in force, whether physically or virtually. For companies,... read more
By Michael Peck
Posted on: April 6, 2017
Mortality is universal and bipartisan: black lives do matter and lower economic class, middle-aged white lives with a high school diploma or less are driving actuarial chart curves downward by dying off more quickly than they should. Causes are also bipartisan: disintegrating family cohesion, worsening job prospects in a rapidly decaying, inequality-driven culture that commoditizes the people who work, and inferior access to healthcare for the downtrodden including whites plagued by obesity, heart disease, diabetes and opiate addiction. Twenty-first century American exceptionalism and... read more
By MaryEllen Etienne
Posted on: March 30, 2017
In the environmental Reduce-Reuse-Recycle formula, “recycle” is best-known and “reduce” most obvious, but we can't achieve Zero Waste without all three -- and reuse offers the most interesting added benefits.In the corporate world, it’s savings. In the late 1990’s, Toyota began replacing cardboard gaylords and wooden pallets with reusable containers to ship parts to dealerships. In the early 2000’s, they began using these containers to ship parts, first from Japan to North America, then to distribution centers. Now, more than 65,000 reusable shipping containers carry109 million parts through... read more
By Eliza Kelsten Alford
Posted on: March 23, 2017
Women’s History Month gives us the opportunity to reflect on how far women have come as well as on the opportunities presented by continuing inequities. A recent McKinsey study showed women still do the majority of unpaid labor, and as the Institute for Women’s Policy Research notes, women who are paid make, on average, 80 cents to every dollar made by a man.[1] Women also make up a larger part of the workforce than in the past. According to the Bureau of Labor Statistics, women are 47% of the American workforce, and 70% of women with children under 18 work.[2] As female workforce... read more
By Hazel Henderson
Posted on: March 19, 2017
The 2016 US election and similar trends in Europe all exhibited revolts against global corporate and financial dominance. In the US, Trump supporters, Tea Party members, Occupy Wall Street, Bernie Sanders supporters all targeted the unfairness the of elite Davos-Wall Street-London model of globalization. Many of the hand-lettered signs across this spectrum: "Where's My Bailout?", "No Corporate Trade Deals"; "Power to People" expressed the underlying outrage. As Trump and Sanders picked up these signals from across the spectrum, the grandees of both Republican and Democrat parties seemed tone... read more
By Sarah Severn
Posted on: March 6, 2017
I have worked on the issue of climate change and clean energy within corporate America for over two decades. During this time, I’ve participated in countless conversations on the topic in the C suite, the boardroom, in business organizations and government appointed taskforces. I’ve witnessed a growing acceptance of science and a clear acknowledgement about the fundamental risks that climate change poses. I have also seen an appreciation for the unique roles of both government and the market in creating solutions.Short Term Thinking Guarantees FailureOne constant presence during my corporate... read more
By John O'Neill
Posted on: February 15, 2017
Ever-increasing economic inequality has convinced millions of Americans the U.S. economy is failing them. Congress can reverse this decline and rebuild the middle class by supporting worker ownership of companies. It’s a proven way to increase wages, build wealth, strengthen companies and save communities.Ownership is key: Exponential wealth increases for the top percentage of Americans are due to their ownership of capital and capital income. Bill Gates, Warren Buffett, and the Koch brothers alone have as much wealth as the 128 million people in the bottom 40 percent, according to Having a... read more
By Joseph R. Blasi
Posted on: January 13, 2017
The United States is losing its once great middle class – and ways must be found to spread the fruits of economic growth if current trends are to be reversed. Capital ownership and capital income – ownership of companies, stocks, bonds, land, and financial instruments – have become very unequally distributed. Meanwhile, wages and salary gaps are growing, in part because the pay of many top earners is linked to capital income. The top ten percent of U.S. households now control almost three-quarters of all wealth and more than four-fifths of all financial assets. Half of households own no stock... read more