Search Results: "how wealth rules" Results 1-6 of 989
This powerful analysis explains how the bias toward wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet and explores what the foundations of a new economy could be.

This bold manifesto exposes seven myths underlying wealth supremacy—the bias that institutionalizes infinite extraction of wealth by and for the wealthy and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day:

The Myth of Maximizing—No amount of wealth is ever enough.
The Myth of Fiduciary Duty—Corporate managers' most sacred duty is to expand capital.
The Myth of Corporate Governance—Corporate membership must be reserved for capital alone.
The Myth of the Income Statement—Income to capital must always be increased, while income to labor must always be decreased.
The Myth of Materiality—Profit—that is, material gain-alone is real, while social and environmental damages are not.
The Myth of Takings—The first duty of government must be the protection of private property.
The Myth of the Free Market—There should be no limits on the sphere of influence of corporations and capital.

Kelly argues instead for the democratization of ownership: public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a nonextractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.

Learn more...




Crackdowns on local democracy are accelerating, as corporate and state interests continue efforts to repress social movements. In this well-timed book, Ben Price presciently reveals structures of power and law that facilitate blatant corporate supremacy in the United States. Price uses his years of experience as a community organizer and a careful reading of history to show how a legal paradigm that facilitated slavery and the fossil fuel economy has endured and adapted over time – today barricading our communities and squelching dissent.

Many books have been written about wealth, power and politics in the United States. Most of them make intuitive sense. Wealthy people use their power to influence and control politics. But Ben Price's new book is often counterintuitive as he explores how wealth itself is imbued with power. He answers questions such as:

How is the American Legislative Exchange Council – a modern states' rights, free market capitalist group – the intellectual and political descendant of George Washington's Federalist Party?
How was the Fourteenth Amendment that emancipated African American slaves from their status as property used by a reactionary Supreme Court to grant legal “personhood” to private corporations?
How are cities seen under our legal doctrine as “public corporations,” devoid of real governing authority?

Further, Price identifies key counterrevolutions in U.S. history that squelched the transformative potential of the Civil War and American Revolution, and traces the roots of colonial and imperial systems of control. He links them to modern “free trade” agreements and other antidemocratic structures used to supersede democracy to this day.

For some, this will come as no surprise. For others, it will be a rude, though necessary, awakening. “The white man's municipalities are just reservations, like ours,” said a resident of Pine Ridge Reservation, who Price spoke with. "The difference is, we know we live on reservations. The white man doesn't.”

Crucially, Price shares insight into how social movements can plant seeds of a new legal system that makes the liberty, civil rights and dignity of humans and ecosystems its ultimate purpose. In fact, he introduces the reader to people who are doing just that.

Learn more...




“Those looking to move beyond performative allyship will find this an excellent resource.” —Publishers Weekly  

"Well-informed, hard-hitting advice for antiracists.” —Kirkus Reviews

What if there were a set of rules to educate people against race-based social faux pas that damage relationships, perpetuate racist stereotypes, and harm people of color? This book provides just that in an effort to slow the malignant domino effect of race-based ignorance in American communities and workplaces to help address the vestiges of our nation's racist past. 

Race Rules is an innovative, practical manual for white people of the unwritten rules relating to race, explaining the unvarnished truth about racist and offensive white behaviors. It offers a unique lens from Fatimah Gilliam, a light-skinned Black woman, and is informed by the revealing things white people say when they don't realize she's Black.Presented as a series of race rules, this book has each chapter tackling a specific topic many people of color wish white people understood. Combining history and explanations with practical advice, it goes beyond the theoretical by focusing on what's implementable. Gilliam addresses issues such as:
  • Racial blinders and misperceptions
  • White privilege
  • Racial stereotypes
  • Everyday choices and behaviors that cause racial harm

Introducing a straightforward universal three-step framework to unlearn racism and challenge misconceptions, this book offers readers a chance to change behaviors and shift mindsets to better navigate cross-racial interactions and relationships. Through its race etiquette guidelines, it teaches white people to become action-oriented racism disruptors instead of silent, complicit supporters of white supremacy.

Illustrations here­

Learn more...




As the 20th century dawned there was a silent but fateful transformation in the purpose of the American economy. Finance stopped serving industry and twisted industry to serve its own ends. THE SPECULATION ECONOMY shows this reversal of economic priorities, and its sometimes-disastrous consequences, demonstrated most recently by Enron.American companies once focused exclusively on providing the best products and services. But today, most corporations are obsessed with maximizing their stock prices, resulting in short-term thinking and the kind of cook-the-books corruption seen in the Enron and WorldCom scandals. How did this happen? In this groundbreaking book, Lawrence E. Mitchell traces the origins of the problem to the first decade of the 20th century, when industrialists and bankers began merging existing companies into huge “combines”—today’s giant corporations—so they could profit by manufacturing and selling stock in these new entities. He describes and analyzes the legal changes that made this possible, the federal regulatory efforts that missed the significance of this transforming development, and the changes in American society and culture that led more and more Americans to enter the market, turning from relatively safe bonds to riskier common stock in the hopes of becoming rich. Financiers and the corporations they controlled encouraged this trend, but as stock ownership expanded and businesses were increasingly forced to cater to stockholders’ “get rich quick” expectations, a subtle but revolutionary shift in the nature of the American economy occurred: finance no longer served industry; instead, industry began to serve finance. The Speculation Economy analyzes the history behind the opening of this economic Pandora’s box, the root cause of so many modern acts of corporate malfeasance.

• The first book to reveal the deep historical roots of the modern corporate obsession with stock price—a major cause of recent scandals like those at Enron and WorldCom

• Details how the rise of the modern corporation created the modern stock market—and why this led to an economy dominated by stock speculation

Learn more...




Our Choice: Democracy or Corporate Rule

A handful of corporations and financial institutions command an ever-greater concentration of economic and political power in an assault against markets, democracy, and life. It's a “suicide economy,” says David Korten, that destroys the very foundations of its own existence.

The bestselling 1995 edition of When Corporations Rule the World helped launch a global resistance against corporate domination. In this twentieth-anniversary edition, Korten shares insights from his personal experience as a participant in the growing movement for a New Economy. A new introduction documents the further concentration of wealth and corporate power since 1995 and explores why our institutions resolutely resist even modest reform. A new conclusion chapter outlines high-leverage opportunities for breakthrough change.

Learn more...




From the founder of ACORN, the nation's largest grassroots community organization, comes this hard-hitting blueprint for helping working families establish a solid foundation of income and assets that equals true economic security—what Wade Rathke calls citizen wealth. Through compelling stories from the trenches of local, state, and national campaigns, where hardscrabble wins and smart negotiating have produced positive economic change for millions, Rathke shows how activists, government, business, and working people can join together to make citizen wealth a major priority and a visible reality.

•    By the founder of ACORN, the nation’s largest grassroots community organization of low- and moderate-income people
•    Goes beyond piecemeal solutions to present a holistic strategy for helping working people establish a solid economic foundation
•    Draws on lessons learned from Rathke’s 40 years in the field

America’s safety net is torn and tattered. Income inequality continues to grow—the gap between rich and poor has expanded fivefold in the last 25 years. For millions of working families achieving basic middle class comforts has begun to seem as distant a dream as winning the lottery. What is needed, and what veteran organizer and ACORN founder Wade Rathke provides in this hard-hitting new book, is a comprehensive grassroots strategy to create what he calls citizen wealth: an enduring foundation on which working people can build a future that extends beyond paying next month’s rent.

Rathke shares breakthrough strategies that have enabled ACORN and other organizations help people secure the basics of citizen wealth—a house and a decent income—offering from-the-trenches advice on mounting successful living wage campaigns, battling unscrupulous and predatory lending practices, and developing new forms of worker organizations to protect wages and benefits. The anti-poverty programs still out there can provide critical support for citizen wealth-building efforts, but they’re woefully underutilized. Rathke shows how to cut through government indifference and bureaucratic obstacles to provide those in need with access to these vital resources.

 But community organizations can’t do it alone. Rathke describes ACORN partnerships with HSBC Bank and H & R Block that helped these businesses see building citizen wealth as a new market opportunity—a win for them and for the people they once exploited. And he looks at other examples of strange bedfellows in the fight for citizen wealth, including Citibank, once the target of massive protests by ACORN and now, working with them, a major investor in working class communities.

“We need to create a national economic and political consensus that increasing family income, wealth and assets is not `welfare’ or an entitlement ‘give-away” program but an investment in the public good and well-being.” Rathke writes. Based on forty years of hard-won experience, Wade Rathke offers a new blueprint for helping millions to achieve the American Dream.

 

Learn more...