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Crunch Time for Detroit

Tom Stephens of Detroiters Resisting Emergency Management has provided news and updates concerning the fraudulent bankruptcy in Detroit for the past several months. Here is his latest excellent summary of the players, the stakes, and the necessary actions. On Thursday, January 16, 2014 in the Detroit federal bankruptcy court, Judge Steven Rhodes issued a decision

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At Year’s End, Public Banking Steers Economic Justice Conversation

Originally published at the Public Banking Institute Blog. The movement for public banking, democratically-run public banks that avoid high interest rates and make financing accountable to the public good, ended a solid building year on a several high notes, including a column of support from Chris Hedges, analysis of a volatile struggle in Vermont, and

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Why Economic Democracy Now? The Reasons Keep Piling Up

What do a recent analysis of the Detroit bankruptcy crisis, and recent revelations of wide-scale corporate spying on citizen activists, have in common? They both suggest that we need to revitalize the public sphere, democratize economic policy, and dismantle the hierarchy created by material inequality. New reasons for building community power and dismantling the power