TOWARD A NEW ECONOMY

Inequality, climate disruption, war—these are not isolated issues. They are all consequences of an economic system that values profits for the few over the well-being of the many.

Fighting back and winning concessions from this system is vitally important, but we must also build the DNA for a new economic system to take its place.

It is time to shift our focus away from incentives and tax breaks for big developers, multinational corporations and the 1%, and instead promote worker-owned cooperative businesses, public/municipal banking, participatory planning, renewable energy jobs, and community-ownership models. We can place Portland at the forefront of this critical movement and guarantee a future for all Portlanders.

Wrecking_Ball

 

“Winning concessions from this system is vitally important, but we must also build the dna for a new economic system to take its place.”

— Julia DeGraw

Cities are getting hip to the corporate internet scam, and taking back the internet infrastructure that public dollars built in the first place. Portland should follow cities like Chattanooga and launch free, public internet.

Taxpayer funded giveaways to private developers isn’t building an economy for all. Instead, we should invest in small business incubation and subsidies to launch worker-owned cooperatives. 

We should stop doing business with the forces who wrecked our economy. The people can step in and use municipal banking to rebuild communities across our city—and kick corporate bankers like Wells Fargo to the curb.

City Hall should provide support and guidance for triple-bottom line businesses—not grovel at the feet of low-wage giants like Amazon.