Broadcast 9/24/2019 at 9:11 AM EDT (5 Listens, 7 Downloads, 1977 Itunes)
The Rob Kall Bottom Up Radio Show Podcast
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Marjorie Kelly, Co-author of The Making of a Democratic Economy;Building Prosperity for the Many, Not Just the Few
Many of us can more easily envision the end of the world than we can envision the end of capitalism.
Our economic system is broken. 71% of Americans believe the economic system is rigged against them.
Real problem is We feel terrified by the scale of the problem, and that we despair that anything can be done. The enemy to be overcome is our sense of futility, discouragement and paralysis.
The Making of a Democratic Economy: Marjorie Kelly 2019 There's a better kind of economic model that is democratic, non-extractive and focused on being good for people and the environment.
(Image by YouTube, Channel: Opednews.com Progressive News and Opinion) Details DMCA
Notes before and from the interview
Democratic vs extractive economy
Ownership vs Stewardship
Companies as objects vs companies as human communities within systems
4- American revolution democratized only govt, not economics or.
5- Capital bias vs common good
6- Minimum wage solution from last century
6-corporate fiduciary duty to suppress wages and ecological regulations
Warren; Accountable capitalism act
UK: Inclusive ownership funds
7- NEW SYSTEM BEING BORN NOW
Too many names for it
8 Binary choice between capitalism and socialism. They are 19th century constructs
Democracy needs to move inside the economy so it is in the economys DNA
9 Systems thinking
People can more easily imagine the end of nature than the end of capitalism as it exists.
7 priniples of a democratic conomy: Community, industry, place, good work, Democratic ownership, sustainability and ethical finance"a new common sense.
Democratic economy rising"around the world
Regenerative community on Pine Ridge Indian reservation, SD"Lakota Sioux
Principle of community, where common good comes first is at the core of rhe indigenour worldview.
Ch 3 Tyrone Poole
Ch 4 Kim Shelnik, VP human resources at University Hospitals, Cleveland"anchor institution Principle of place vs globalized economys indifference to place.
Ch 5 Home Care associates built on the principle of good work, with labor coming before capital.
Ch 6 Loren Jensen EA engineering"employee owned"principle of democratic ownership
Ch 7 Carla Santos Skandier"advocating buying out the 25 largest fossil fuel companies. Cost $700 billion"same amount to bail out banks"could be $100 billion a year over seven years.
Ch 8 matthew Brown, half time city council leader in Preston England,
Laboratories of democracy
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