After a brief overview of economic history in the United States, Thomas Hanna asserts how the public ownership model offers a more equal and secure economic future for the country.
Reclaiming the Commons
Dana Brown and Thomas Hanna of the Democracy Collaborative write for In These Times on "It’s Time for a Public Option in the Pharmaceutical Industry." In their article, Brown and Hanna highlight TDC work in public ownership and the need for "drugs for the public good:
Democracy Collaborative Research Director Steve Dubb along with Executive Director Ted Howard and Research Associate Sarah McKinley contributed the chapter “Economic Democracy” to the two-volume encyclopedia, Achieving Sustainability, now available courtesy of Gale Publishing. They outline the history of the economic democracy movement, highlighting community wealth building strategies such as community development finance institutions and cooperatives.
Crossposted from Policy Network, and later published on the London School of Economics website, this blog is part of a debate event hosted by Policy Network in London, UK, that was reviewed in OurKingdom by grassroots activist James Doran:
Five years after the financial crisis economic inequality in the United States is spiraling to levels not seen since the Gilded Age. While most Americans are experiencing a recovery-less recovery, the top one per cent of earners last year claimed 19.3 per cent of household income, their largest share since 1928. Moreover, income distribution looks positively egalitarian when compared to wealth ownership.