You are here

Economics

Special Report | New Economic Perspectives: An Introduction to the Economics of Pope Francis

http://evergreenedigest.org/sites/default/files/New%20Economic%20Perspectives%20banner.jpg

Responding to Pope Francis’s Call for Dialogue

Robert M. Whaples, The Independent Review

http://evergreenedigest.org/sites/default/files/Donate%20Now%20%28Green%29.jpg This Content-Rich Site Is Worth Fighting For

We have proven that corporate cash/advertising and major investors are - not - necessary to fund a news reporting organization. The result is a news source that people actually trust.

It also means that we have to fight for funding. So we fight, with a clear conscience.

We need more of you to help. ASAP.

Dave & the Crew



http://evergreenedigest.org/sites/default/files/Francis%20I%2C%20Superpope%2C%20Italian%20Street%20Art.jpgWinter 2017 | As the contributors to this symposium show, Pope Francis’s views about the economy, especially about the poor and the rich, are deeply at odds with those of many economists. Several differences involve matters of economic fact and causation—and therefore in principle can be resolved by appeals for everyone to consider the same body of evidence. Although the clash over conflicting values is a chasm far more difficult to bridge, fruitful dialogue is the goal of this symposium.

Pope Francis has invited those concerned about the economy, the environment, and the destiny of the world—everyone—to join a dialogue. And there is a clear need for dialogue between Francis and economists because the pope and many in the economics profession do not see eye to eye at a fundamental level on many issues.

Robert M. Whaple is professor of economics at Wake Forest University and co-editor and managing editor of The Independent Review.

Full story … 

The Spiritual Crisis of the Modern Economy

https://cdn.theatlantic.com/assets/media/img/mt/2016/12/Matteo_Colombo_Getty/lead_960.jpg?1482187699

 Matteo Colombo / Getty

  • The modern economy privileges the well-educated and highly-skilled, while giving them an excuse to denigrate the people at the bottom (both white and nonwhite) as lazy, untalented, uneducated, and unsophisticated.
  • Related: The Meaning Americans Find in Their Jobs

Victor Tan Chen, the Atlantic

http://evergreenedigest.org/sites/default/files/We%20Get%20By.jpg If you like reading this article, consider joining the crew of all reader-supported Evergreene Digest by contributing the equivalent of a cafe latte a month--using the donation button above—so we can bring you more just like it.

http://dy00k1db5oznd.cloudfront.net/wp-content/uploads/2016/09/GettyImages-590028618-1280x720.jpg What is happening to America’s white working class?

The group’s important, and perhaps decisive, role in this year’s presidential election sparked a slew of commentary focused on, on the one hand, its nativism, racism, and sexism, and, on the other, its various economic woes. While there are no simple explanations for the desperation and anger visible in many predominantly white working-class communities, perhaps the most astute and original diagnosis came from the rabbi and activist Michael Lerner, who, in assessing Donald Trump’s victory, looked from a broader vantage point than most. Underneath the populist ire, he wrote, was a suffering “rooted in the hidden injuries of class and in the spiritual crisis that the global competitive marketplace generates.”

Victor Tan Chen is an assistant professor of sociology at Virginia Commonwealth University and the author of Cut Loose: Jobless and Hopeless in an Unfair Economy.

Full story … 

https://cdn.theatlantic.com/assets/media/img/mt/2016/11/ij_banner/lead_960.jpg?1480521355 Related: 

The Meaning Americans Find in Their Jobs, Bourlee Lam and Adrienne Green, the Atlantic

  • Conversations with 100 people about their work and how it shapes who they are
  • "Work is “a search, too, for daily meaning as well as daily bread, for recognition as well as cash, for astonishment rather than torpor; in short, for a sort of life rather than a Monday through Friday sort of dying.” --Studs Terkel book, Working
  • Conversations with 100 people about their work and how it shapes who they are.

http://everydayfeminism.com/wp-content/uploads/2015/06/PlsShareArrow5.png

 

 
Section(s): 

Special Report | More Confessions of an Economic Hitman: This Time They’re Coming for Your Democracy.

http://evergreenedigest.org/sites/default/files/New%20Economic%20Perspectives%20banner.jpg

It used to be all we had to worry about was our local community, maybe our country. But we didn’t have to worry about the world. But what we know now is that we can’t have peace anywhere in the world, we can’t have peace in the U.S., unless everybody has peace.

Sarah van Gelder, Yes! Magazine / Siasat

https://www.paypal.com/en_US/i/btn/btn_donateCC_LG.gif At a time when corporations are buying up elections - not to mention the 24-hour news cycle - help ensure that a source for truly independent journalism lives on. Support all reader supported Evergreene Digest today by using the donation button in the above right-hand corner.

http://www.informationclearinghouse.info/john-perkins.jpg Photo by Paul Dunn for YES! Magazine  

April 30, 2016 | Twelve years ago, John Perkins published his book, Confessions of an Economic Hit Man, and it rapidly rose up The New York Times’ best-seller list. 

In it, Perkins describes his career convincing heads of state to adopt economic policies that impoverished their countries and undermined democratic institutions. These policies helped to enrich tiny, local elite groups while padding the pockets of U.S.-based transnational corporations.

Sarah van Gelder is co-founder and editor-at-large of Yes! Magazin. Sarah writes articles and conducts interviews for YES! Magazine, and speaks regularly about solutions journalism, grassroots innovations, and social change movements. She is the editor of several books.

Full story … 

Divest From Prisons, Invest in People—What Justice for Black Lives Really Looks Like

http://www.yesmagazine.org/peace-justice/divest-from-prisons-invest-in-people-what-justice-for-black-lives-really-looks-like-20161011/black-lives-matter-divest.gif/image

Photo by Joe Brusky / Flickr. 

  • Instead of addressing the roots of drug addiction, mental illness, and poverty, we’ve come to accept policing and incarceration as catch-all solutions. It’s time for a change.
  • We’ve come to accept policing and incarceration as catch-all solutions.
  • Related: A Former Police Chief: Put Down the Big Stick

Liza Bayless, Yes! Magazine

http://evergreenedigest.org/sites/default/files/Editor%20Comment%20graphic_0.jpg Yes! Magazine Editor's Note: This article is the second part of a series of conversations with contributors to the demands of the Movement for Black Lives. Part One was on reparations.  

http://graphics8.nytimes.com/images/2009/01/11/opinion/justice190v.jpg  Oct 11, 2016 | In July 2015, more than 2,000 members of The Movement for Black Lives—a group composed of more than 50 racial justice organizations—convened in Cleveland to recognize the violence committed against Black people in this country and around the world. At the assembly, participants decided the Movement needed to form a coalition that articulated concrete ways to build a more equitable society. Six legislative platforms emerged that covered issues like economic justice, reparations, political empowerment, and divestment from policing and incarceration. In their Invest-Divest platform, the authors called instead for investment in programming, like restorative justice initiatives, that would decrease incarceration and strengthen communities.

According to the Brookings Institution, White Americans are equally likely to use and more likely to deal drugs, while African Americans are more likely to be arrested, convicted, and sentenced harshly. For U.S. residents born in 2001, the Bureau of Justice Statistics predicts that 1 in 111 White women will go to prison in her lifetime, while 1 in 18 Black women will. For White men, the likelihood is 1 in 17; for Black men, 1 in 3.

Liza Bayles is an editorial intern at YES! Liza wrote this article for YES!.  

Full story … 

Related: 

https://www.paypal.com/en_US/i/btn/btn_donateCC_LG.gif If you like reading this article, consider joining the crew of all reader-supported Evergreene Digest by contributing the equivalent of a cafe latte a month--using the donation button in the above right-hand corner—so we can bring you more just like it.


A Former Police Chief: Put Down the Big Stick, David C. Couper, the Progressive 

http://evergreenedigest.org/sites/default/files/Rights%20%26%20Liberties%20Banner.jpg

There is a long and difficult road ahead of us. We know what it is because we have heard it before for so many years. The 1968 Commission on the Causes and Prevention of Violence (Kerner Commission) identified the problem: we are becoming two societies, one black, one white, separate and unequal. It’s the same today.

 

Special Report | New Economic Perspectives: America Is In Terminal Decline.

 

http://evergreenedigest.org/sites/default/files/New%20Economic%20Perspectives%20banner.jpg

  • Greg Mannarino of TradersChoice.net says that our economy is in serious trouble and if there’s anyone out there peddling fiction to the American people … It’s President Barrack Obama … It's Hillary Clinton.
  • “People don’t even know what freaking bathroom to use under this President.”

Mac Slavo, SHTFplan.com

http://evergreenedigest.org/sites/default/files/Subscribe%20logo.jpgTo stay on top of important articles like these, sign up here to receive the latest updates from all reader supported Evergreene Digest

 


 

http://evergreenedigest.org/sites/default/files/IMF%20Cuts%20US%20Growth%20Forecast%20Again%20illus.jpgOctober 4th, 2016 | Anyone who cannot see that the middle class is being systematically wiped out right now is absolutely blind… the dumbing down effect has been taking place here in the United States… People have no idea what they’re doing anymore… They don’t even know what freaking bathroom to use under this President…

The government is trying to overpower us… Someone out here is peddling fiction… It’s President Obama… It’s Hillary Clinton… Anyone else who is saying that this economy is doing good, well, they have an agenda and it’s not in your favor.

Mac Slavo is the Editor of SHTFPlan.com

Watch: 

Section(s): 

The Average Black Family Would Need 228 Years to Build the Wealth of a White Family Today

http://evergreenedigest.org/sites/default/files/American%20Rights%20at%20Work%20logo%20%26%20banner.jpg

Just as past public policies created the racial wealth gap, current policy widens it.

Joshua Holland, the Nation

http://fair.org/wp-content/uploads/2015/11/AdFree2.jpg

https://www.thenation.com/wp-content/uploads/2016/08/racial_wealthgap_rtr_img.jpg In line to attend the Dr. Martin Luther King Jr. career fair held by the New York State Department of Labor. (Reuters / Lucas Jackson)

August 8, 2016 | If current economic trends continue, the average black household will need 228 years to accumulate as much wealth as their white counterparts hold today. For the average Latino family, it will take 84 years. Absent significant policy interventions, or a seismic change in the American economy, people of color will never close the gap.

Those are the key findings of a new study of the racial wealth-gap released this week by the Institute for Policy Studies (IPS) and the Corporation For Economic Development (CFED). They looked at trends in household wealth from 1983 to 2013—a 30-year period that captured the rise of Reaganomics, expanded international trade and two major financial crashes fueled by bubbles in the tech sector and housing prices. The authors found that the average wealth of white households increased by 84 percent during those three decades, three times the gains African-American families saw and 1.2 times the rate of growth for Latino families.

To put that in perspective, the wealthiest Americans—members of the Forbes 400 list—saw their net worths increase by 736 percent during that period, on average.

Joshua Holland is a contributor to the Nation <https://www.thenation.com> and a fellow with The Nation Institute. He's also the host of Politics and Reality Radio.

Full story … 

Pages

Subscribe to Economics