Because much of our work at The Democracy Collaborative is focused on the structural underpinnings of what is wrong with our political economy, it flies under the radar of day-to-day headlines. But at propitious moments, our impact ripples through the landscape in profound ways. Our work on public ownership is an excellent example.
You may have seen or heard news reports that a set of local elections in the United Kingdom earlier this month did not go well for the opposition Labour Party. The liberal-left party lost more than 300 local councilors and lost control of several longstanding Labour municipal strongholds. There was an important element missing in those election reports, though.
Over a year into the COVID-19 pandemic, I am reminded that the healthcare sector consumes almost 20% of the US economy, yet hundreds of hospitals around the country are on the brink of collapse, life expectancy is on the decline, and many healthcare workers have been pushed beyond their limits. American healthcare is functioning just as it was designed: for the profit of the few at the expense of the many.