The Corona Class War
The cracks in America’s economic order have simply stretched too wide to be papered over with philanthropy. How can progressives now speed our pandemic recovery while also undoing the intense concentration of wealth and power that’s left us so ill-equipped to confront this crisis?
Some of these ideas build on the newly widespread public recognition that the men and women who keep America running don’t sit in corporate executive suites—and don’t get valued nearly as much as they should. Other proposals link recovery to climate change. The Democracy Collaborative and Oil Change International have advanced a provocative proposal to take public control of now distressed oil, gas, and coal industries, with an eye toward winding them down while providing workers economic security and avoiding “a bailout for fossil fuel executives.”