A Primer for Taming Corporate Power

A Primer for Taming Corporate Power

The 79-year-old corporate gadfly Robert Monks, the former top federal regulator over America’s pension system, earlier this year opined that Corporate America operates “for the personal enrichment and glorification of its manager-kings.” Too harsh a...
A Main Street Fix to Wall Street’s Failure

A Main Street Fix to Wall Street’s Failure

The report calls for a serious jobs program that will necessarily include short-term stimulus measures, but with its primary focus on structural interventions to shift the balance of economic and political power from Wall Street to Main Street. The authors propose a...
The 99 Percent Have Found Our Voice

The 99 Percent Have Found Our Voice

Could any of us have imagined that in six short weeks, the people of this country would have found our voice? Most of you reading this have likely participated in Occupy activities in your town or city. IPS board member Barbara Ehrenreich worked with IPS interns to...
Getting Main Street to Call the Shots

Getting Main Street to Call the Shots

Thanks to massive bailout funding from the Federal Reserve and U.S. Treasury, Wall Street survived the financial crash it created. This year, its titans are enjoying record share prices, corporate profits, and executive bonuses. The financial assets of America’s...

Unconventional Wisdom: Fighting with Love

Growing up in Pittsburgh, I saw my share of playground fights. Most were minor scuffles and nothing was like the bullies here in Washington trying to win the brawl over the budget by throwing a single knock-out punch. This shouldn’t be a fight. Not because the...

Building Resilience: The New Economy in the Shell of the Old

This post originally appeared on Shareable.net. On a Thursday night around 6 p.m., people gathered for the fourth meeting of my Resilience Circle. We were in the social hall of the local Congregational Church, a big churchy room with folding tables and chairs. The...

Yes, There are Alternatives

In most countries, there is a dangerous myth that there is no alternative to the past 30 years’ path of gearing economies toward the global market. Yet, as financial markets stagnate, food prices swing wildly, and the environment comes under siege, more and more...

A Few Thoughts on the Mid-Term Elections

As we prepare to brace a Republican-controlled House after today’s elections, below are a few thoughts on how IPS is positioning itself in this new political landscape. We’d love to hear what else you all are thinking: 1. We are in for 2 years of stalemate...

Crisis as Opportunity

In the middle of the pain and suffering of the global economic and food crises of 2009, a group of South Asian economists and policymakers met in India and mocked the United States: “You guys messed up, and you’re taking the world economy down with you....

WANTED: A Commerce Secretary for Main Street

Senator Judd Gregg’s withdrawal as designee for the post of Secretary of Commerce gives President Obama an opportunity to regain some credibility for his promise to bring change and restore the American middle class. He could name a Commerce Secretary. who...