New Economy

After Ferguson Uprising, Should St. Louis Spend $1 Billion on a New Football Stadium?
by Kate Aronoff
Just a year and a half after the St. Louis area became internationally known for racism, the city is considering building a billion-dollar stadium. If justice was our priority, says organizer Julia Ho, those tax dollars would be spent very differently.
What If We Owned the Internet Together? It’s Time to Bring the Co-op Revolution to the Web
by Nathan Schneider, Trebor Scholz
The flourishing of farmers markets and credit unions demonstrates a longing for business that serves the common good. Can it infiltrate the Amazon-dominated, Uberized Internet?
Will the New Economy Be Capitalism, or Something Else? Join Us for a Discussion on November 9
To debate this crucial issue in the new economy, we’re co-hosting a panel on November 9 with experts in the field. Please RSVP and join us!
How Creative Finance Launched Worker-Owned Co-ops In Post-Sandy New York
by Araz Hachadourian
Half of small businesses don’t make it past the first five years, and owners lose everything trying to pay off the loans. The Working World lets co-ops stabilize before repayment even begins.
Meet the 1 Percenters Finding Solace in Wealth Redistribution
by Kate Aronoff
A growing cadre of the owning class is crafting a healthier relationship to the other 99 percent: “It is not about individual therapy or even engaging in philanthropy or charity. It’s about collective action.”
Video: How This Brooklyn Neighborhood is Putting Healthy Food in Business
by Liz Pleasant
A co-op training program in Brooklyn could serve as a model for other cities looking to combat the effects of gentrification for long-time residents.
Why Slower Money Is the Key to a Real Economic Recovery
by Keith Harrington
An exciting crop of organizations are financing businesses in a way that creates real wealth. Here are a few ways to scale them up so that they can truly challenge Wall Street.
The Interest-Free Lending Circles That Help Friends and Families Do DIY Loans
by Liz Pleasant
Who needs banks when you have communities? And organizations like Mission Asset Fund have even figured out how to use the system to raise credit scores.
Can Local Economies Revolutionize the US? This Adviser to China Thinks So
by Marcus Harrison Green
Laurence Brahm advises the Chinese government on economic and environmental policy. Here’s what he thinks the United States can learn from China.
Three Years Ago, These Chicago Workers Took Over a Window Factory. Today, They're Thriving
by Sarah van Gelder
When Republic Windows and Doors closed down without giving workers notice, the issue drew national attention. Since then, they’ve turned the factory into a worker-owned co-op—where they hold the power.
Video: An Economist Explains How Money Has Caused the Climate Crisis
by Liz Pleasant
Typically, we solve problems by expanding the economy. When it comes to the environment, that will only make things worse.
80 Percent of Us Owe Money to Institutions. Can We Leverage It to Reduce Inequality?
by Kate Aronoff
Three visionaries discuss how America’s debt problem has transformed the movements they work with.
California Challenges Gender Discrimination With Equal Pay Law (and Other News to Chew On)
by YES! Staff
A Louisiana university helps solve the national shortage of black doctors, Uber drivers are left with car payments after a raise in fees, and Mother Jones explores whether mammograms do more harm than good.
Dangerous History: What the Story of Black Economic Cooperation Means for Us Today
by Keane Bhatt
African Americans have been pioneering co-ops as an economic strategy since the days of slavery. Author Jessica Gordon Nembhard on how centuries-old models can guide our economy today.
Grace Boggs: Reviving the Lost City
by Larry Gabriel
The YES! Breakthrough 15: A decades-long revolution to rekindle the soul of urban neighborhoods.