By Julianne Malveaux — The first week of July produced a somewhat positive Employment Situation report. While the unemployment rate ticked up just a bit, about 224,000 new jobs were…
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Talking to the people in Youngstown, Ohio, that the national media usually ignores. By Henry Graber, The Slate — YOUNGSTOWN, Ohio—In 1984, Lewis Macklin stood up at a community meeting and argued that city officials should shut down his high school. It had been seven years since Black Monday—when Youngstown Sheet & Tube announced it was closing its largest factory, costing 5,000 people their jobs and setting off a chain of plant…
In a racialized economy, land trusts and cooperatives offer a lasting form of reparations, say activists. By Laura Flanders, Truthout — This year has already seen more Democrats talking about reparations than ever, including several running for the presidency. Now, rather than writing checks to individuals, more and more people are talking about collective strategies for repair and reparation. Community land trusts, cooperatives and mutual housing associations, for example, might…
The reggae icon would be embarrassed by his country’s attempts to rebrand a disastrous ideology. By Keston Perry, The Nation — The island nation of Jamaica holds a special, almost spiritual significance for many people of color, as well as for anyone concerned about advancing equality and justice in the world. It is the birthplace of the Rastafari movement, reggae, dancehall—and democratic socialism before it became popular in the United States.…
The disproportionate focus on corruption of national leaders distracts from the systemic theft of national wealth by multinational corporations By Celina della Croce — Every year, the vast majority of Ghana’s natural wealth is stolen. The country is among the largest exporters of gold in the world, yet—according to a study by the Bank of Ghana—less than 1.7 percent of global returns from its gold make their way back to the Ghanaian…
By Dr. Julianne Malveaux — Our nation’s 45th President is dead set on a trade war. He has increased tariffs on goods produced in China, and he has now indicated…
By Ade Adeniji, Inside Philanthropy — It’s graduation season again, as students around the country don their caps and gowns, receive cheers from family, and then scramble to move out of their dorms. At Morehouse College, the all-male historically black college founded in 1857 in Atlanta, the nearly 400-member class of 2019 watched billionaire private equity veteran Robert F. Smith deliver the commencement address and receive an honorary doctorate. Near…
“If major tax increases are off the table, there is no way to pay for a $2 trillion infrastructure plan, it’s that simple.” By Jake Johnson, Common Dreams — With President Donald Trump and Democratic leaders set to meet Wednesday to discuss a possible $2 trillion infrastructure package, a progressive advocacy group on Monday warned that any proposal that doesn’t include significant tax hikes on the rich and corporations “will…
Aspects of the report are disturbing. Over the last year, the black unemployment rate has risen 0.2 percentage points to 6.7 percent and the white unemployment rate has dropped 0.4…
A new insider account reveals how the Obama administration’s botched bailout deal not only reinforced neoliberal Clintonism, but also foreshadowed an ongoing failure to fulfill campaign promises. By Eric Rauchway,…
By Julianne Malveaux — The April unemployment rate, at 3.6 percent, is at its lowest rate since December 1969. Payroll employment increased by more than 250,000, outperforming expectations and reversing…
Capitalism co-opts our best visions — through its soft hand, capital reforms its way out of crisis, putting forward more tolerable forms of exploitation. By Clara Mejia-Gamboa & Daniel Sullivan, Roar Magazine — These days, it seems customary to begin any political commentary with the laundry list of indicators of global decline: exploding wealth inequality, looming environmental collapse, and the resurgence of overt racial terror in far-right governments. We are…
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