Left Forum 2018: As our demands grow bolder—true full employment, the rebuilding of the social safety net starting with Medicare for All, an overdue green and just transition—so will the naysayers’ inevitable refrain: “How will you pay for it?” Developments in our understanding of monetary theory and the money system has, thankfully, illuminated a path forward out of the trap of austerity: when we understand how money actually works, we know that the obstacles to bold action at a national scale on jobs, healthcare, and climate are political, not economic.
Mr. Alperovitz tells Paul Jay, the experience of Spain’s Mondragon, the world’s largest workers’ co-op, shows that workers’ ownership can go to scale but on their own, co-ops will not transform society or the economy.
On Reality Asserts Itself Mr. Alperovitz tells TRNN Senior Editor Paul Jay, that the Vietnam War made it clear there was no way to a more rational capitalism and there had to be fundamental change. Continue reading →
The Occupy movement now building around the country is a necessary and justified response to the outrages of a political-economic system that looks the other way as the top 1 percent runs off with almost a fourth of the nation’s income and more wealth than the bottom 90 percent taken together. The reality is that the challenge is systemic, not merely political.