Economy

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People have the power to make necessary changes

Move To Amend by Andy Douglas November 12, 2012 A few weeks ago I attended a conference on Economic Democracy in Madison. It’s a subject I consider intensely important — everyday people’s control over their own economic destiny. The conference inspired, informed and provoked, and I wanted to share some highlights. Keynote speaker John Nichols, correspondent for The Nation and CNBC commentator, called economic democracy the great moral struggle of America. It goes back to the founding stages of our country (when only 4 percent of the population could vote). The founders knew slavery was a sin, he said, but…


St. Vrain Valley Voices: Disguised attack on democracy

Times Call By Ron Forthofer [Colorado Green Party member and former candidate for Congress] July 5, 2012 Years ago, corporate America concocted a scheme to advance its interests and increase its profits and power. However, this scheme — new investment rights that could pose a challenge to democracy and sovereignty — would come at a high cost to the public. Corporate America, particularly gigantic banks, had a problem though. How could they con the people into going against their own best interests? Supporters of this scheme used “free trade” in naming most versions of this scheme, for example, the North…


Extreme Inequality or Democracy?

by Ron Forthofer Dissident Voice January 18, 2012 Last autumn, likely due to the Occupy movement, there was a shift of media attention from debt reduction and the cutting of vital public programs (for example, Social Security, Medicare and Medicaid) to the issue of extreme wealth and income inequality in America. Extreme inequality is of concern for many reasons, but Supreme Court Justice Louis Brandeis provided perhaps the most crucial reason when he said: “We can have democracy in this country or we can have great wealth concentrated in the hands of a few, but we can’t have both.” Many…


Alternatives to free-market capitalism

by Ron Forthofer Daily Camera (Boulder, Colorado), April 7, 2011 Americans have been exposed to so much propaganda about free-market capitalism that few ever think there is any other way of running an economy. However, if they were to examine this system, they would see that its focus is on economic growth and the maximization of profit. In theory, this system would create enough wealth so that everyone would benefit. However, during the last 30 years or so, we have seen changes in the rules that guarantee most of the increases in wealth go to those at the top. During…