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People Before Profits • Stop Foreclosures • Break Up Big Finance • End the Wars
Updated: 2 hours 38 min ago

Port Allegre Shows How Participatory Budgeting Works

September 23, 2018 - 12:00pm
Porto Alegre in Brazil is the world’s first city where residents participate in budgeting decisions, having done so since 1989. But participatory democracy traces far further back. The indigenous Iroquois Confederacy co-participated in that nation’s economic decisions. Now, three decades since Porto Alegre brought this wisdom to non-indigenous politics, the practice has become widespread with over 3,000 municipalities worldwide using participatory budgeting to make financial choices for their communities.
Categories: Friends of GEO, SE News

Nicola Sturgeon Tells Amazon To Ditch Slave Wages Or Lose Millions In Handouts Freeze

September 22, 2018 - 7:00am
The First Minister has lost patience with the web giants after their failure to bring in fair working standards and pay staff the Living Wage. Nicola Sturgeon has pulled the plug on multi-million pound grants for Amazon until they pay Scottish workers the Living Wage. The Sunday Mail can reveal the First Minister has introduced new criteria for state handouts that will exclude low-wage employers. She appears to have lost patience with Amazon – owned by the world’s richest man Jeff Bezos – after he consistently refused to pay workers the £8.75 an hour rate recommended by the Living Wage Foundation to guarantee basic living standards for staff. Scottish Government ministers have met with senior managers on a number of occasions, but failed to convince them to adopt the standard at plants in Dunfermline, Fife, and Gourock, Inverclyde.
Categories: Friends of GEO, SE News

The Best Way To Eradicate Poverty: Welfare Not Jobs

September 19, 2018 - 11:00am
The Census released its income, poverty, and health insurance data last week (ASEC, SPM). Among other things, the data allows us to see who was in poverty and therefore gives us good insights about how to eradicate poverty. In this post, I detail what I think these insights are using my own calculations of the 2017 microdata. Below is the overall poverty rate broken down by market income and disposable income. “Market income” refers to all income received from labor earnings and capital ownership. “Disposable income” refers to each person’s final income and takes into consideration taxes paid and government benefits received. For both figures, I use the poverty line of the Supplemental Poverty Metric. In 2017, the market poverty rate was 25 percent. The poverty rate when counting disposable income was 13.9 percent.
Categories: Friends of GEO, SE News

Historic Federal Legislation Embeds Support For Employee-Ownership Within The SBA

September 19, 2018 - 10:00am
Please join us in celebrating the first legislation in support of employee ownership in over two decades, and the first to explicitly name worker cooperatives as a priority for the SBA. This is a huge step forward for worker cooperatives, and we are proud to have played a role in making it. Along with many allies in the field, our organizations worked in depth with the bill’s author and sponsor, Senator Kirsten Gillibrand, with DAWI doing research and education, and USFWC doing advising and advocacy. We will also play a key role in supporting implementation. This is the power of an organized sector, and we’re just getting started! Please see below for the official press release, and spread the word far and wide.
Categories: Friends of GEO, SE News