Category Archives: economy

New Film! “Clean In: How Hotel Workers Fought For a Union—And Won”

What happens when the working mothers employed as housekeepers at a Harvard-owned hotel decide to “lean in” for higher wages and better working conditions? ¿Puede la solidaridad femenina unir a las clases?

In celebration of International Women’s Day, and in solidarity with today’s Women’s Strike, The Nation Magazine has released my long-in-the-making collaboration with Sarah Leonard about a group of immigrant working mothers who sought to unionize their Harvard-owned workplace – and in doing so asked Harvard’s first female president & Sheryl Sandberg “which side are you on?”

Their story shows us what a “feminism for the 99%” might look like.

CLEAN IN is a 21min video essay featuring music by bilingual political punk band Downtown Boys and Puerto Rican shoegaze band Un.Real. It’s a companion piece to Sarah’s long-form essay, Housekeepers Versus Harvard: Feminism for the Age of Trump.

Regardless of whether or not you are striking today, I hope you might find some time to read Sarah’s essay and watch CLEAN IN.

Spoiler alert: unlike 99% of labor stories, this piece has a happy ending! It’s a genuinely inspiring tale of how creative organizing and cross-class solidarity can achieve real, concrete, material (and nonmaterial) improvements in the lives of working people.

Happy International Women’s Day!
¡Feliz Día Internacional de la Mujer!

PS: This project emerged out of a socialist feminist reading group which has deeply informed how I think about both feminism and the economy. In honor of today’s strike, members of that group have collaborated on A Women’s Strike Syllabus. Check it out!

A video guide to “Rahm’s Accomplishments”

I excerpted a couple short clips from “The School Closure Playbook” to help illustrate some of Rahm’s Accomplishments:

  • Shutting down 49 schools in predominantly minority & low income communities in 2013. “Hey Rahm, let’s face it. Your policies are racist!”

  • Forcing parents & students to plead with the school board to not shut down their schools. (Fun fact: the Walton Family Foundation funded these “community meetings” as a PR move to make it seem like the communities actually had some say in the matter. They didn’t.).

  • Manufacturing a budget crisis to justify school closures — and funneling hundreds of millions of dollars a year ($422 MILLION in 2013 alone) away from public schools & other municipal programs, and into a secretive slush fund he controls via “Tax Increment Financing.”

  • And don’t forget his buddies like Juan Rangel, campaign manager of his first mayoral run. Despite millions of dollars in state funds, Rangel managed to run the UNO Charter Network into huge amounts of debt (though his cronies in construction and maintenance did alright). He was forced to resign amidst the scandal, and later the SEC charged him with defrauding investors. (In this country, investors occasionally see justice. School children, not so much).

At ~2-3 minutes each, I hope the clips may be of use to those participating in tonight’s #OneTermRahm twitter storm. But of course you can watch the full film here.

The nation will also have to find the answer to full employment, including a more imaginative approach than has yet been conceived for neutralizing the perils of automation. Today, as the skilled and semiskilled Negro attempts to mount the ladder of economic security, he finds himself in competition with the white working man at the very time when automation is scrapping forty thousand jobs a week. Though this is perhaps the inevitable product of social and economic upheaval, it is an intolerable situation, and Negroes will not long permit themselves to be pitted against white workers for an ever-decreasing supply of jobs. The energetic and creative expansion of work opportunities, in both the public and private sectors of our economy, is an imperative worthy of the richest nation on earth, whose abundance is an embarrassment as long as millions of poor are imprisoned and constantly self-renewed within an expanding population.

King, Jr., Martin Luther, 1963, Why We Can’t Wait

The growth of the human services should be rapid. It should be developed in a manner insuring that the jobs that will be generated will not primarily be for professionals with college and postgraduate diplomas but for people from the neighborhoods who can perform important functions for their neighbors. As with private enterprise, rigid credentials have monopolized the entry routes into human services employment. But … less educated people can do many of the tasks now performed by the highly educated as well as many other new and necessary tasks.

King, Jr. Martin Luther, 1967, Where Do We Go From Here: Chaos or Community? pp. 197-98

Quotes via “Jobs for All”: Another Dream of the Rev. Dr. Martin Luther King, Jr. by Mathew Forstater

A Beginner’s Guide to Modern Monetary Theory

What is money? Why is our economy so fucked?

These two questions have fueled my dilettantish but somewhat obsessive study of Modern Money Theory (MMT) for the past few years. But I’ve struggled for a way to concisely explain what MMT is, and why you should care about this (decreasingly) obscure economic theory.

Much of the MMT literature is focused on an intra-discipline fight within Economics. This is a worthy battle but creates an extra challenge for the non-economist, who must first learn a bunch of econ speak just to be able to understand the arguments for unlearning it. The below essay is my attempt to bypass that step and explain MMT directly in language accessible to such a reader. If you find it helpful, please share. Criticism is also welcome.

Many thanks to Mike Konczal, who had the idea of looking outside academia for an MMT explainer, and invited me to write this piece.

The World According to Modern Monetary Theory
The New Inquiry Vol. 27, April 11, 2014

Too often the origins of our economic ills are cloaked by a mystical reverence for some autonomous money spirit. The economists behind Modern Monetary Theory (MMT) seek to lift money’s veil by studying the specific actions that occur as money is created, circulated, and destroyed.

For those seeking a grand, unifying sociopolitical economic theory, MMT will disappoint. But as an analytic tool, MMT clarifies who holds genuine power—sovereignty—within society, and how they organize the money system to serve their interests. Unsurprisingly, this is often a story of tremendous cruelty and exploitation.

But the revelation that the rules of money are not immutable laws of nature but are instead created and constantly modified by people opens up possibilities beyond the scope of our current political imagination. The questions become: What sort of society do we want? Do we have the physical resources to support that society? And finally, how the hell do we muster the political will to get there?

Continue reading “The World According to Modern Monetary Theory” at The New Inquiry »

In 2013, breadlines that wrap around the block

Disgraceful:

In the 22 years that Swami Durga Das has managed New York’s River Fund Food Pantry, he has never seen hunger like this. Each Saturday, hundreds of hungry people descend on the pantry’s headquarters, an unassuming house on a residential block. The first people arrive around 2 am, forming a line that will wrap around the block before Das even opens his doors.

“Each week there’s new people,” Das told MSNBC.com. “The numbers have just skyrocketed.”

The new clients are diverse—working people, seniors, single mothers—but many of them share something in common: they represent the millions of Americans who fell victim to food insecurity when the Great Recession hit in 2009, but didn’t benefit from the economic recovery.

And the worst may be yet to come.

Food activists expect a “Hunger Cliff” on November 1, when automatic cuts to food stamp benefits will send a deluge of new hungry people to places like the River Fund Food Pantry, which are already strained.

via America’s New Hunger Crisis, Ned Resnikoff, MSNBC.com

Now, I bow to no one in my appreciation of female beauty and fancy clobber but I could not wrench the phantom of those children from my mind, in this moment I felt the integration; that the price of this decadence was their degradation. That these are not dislocated ideas but the two extremes are absolutely interdependent. The price of privilege is poverty. David Cameron said in his conference speech that profit is “not a dirty word”. Profit is the most profane word we have. In its pursuit we have forgotten that while individual interests are being met, we as a whole are being annihilated. The reality, when not fragmented through the corrupting lens of elitism, is we are all on one planet.

To have such suffering adjacent to such excess is akin to marvelling at an incomparable beauty, whose face is the radiant epitome of celestial symmetry, and ignoring, half a yard lower down, her abdomen, cancerous, weeping and carbuncled. “Keep looking at the face, put a handbag over those tumours. Strike a pose. Come on, Vogue.”

Suffering of this magnitude affects us all. We have become prisoners of comfort in the absence of meaning. A people without a unifying myth. Joseph Campbell, the comparative mythologist, says our global problems are all due to the lack of relevant myths. That we are trying to sustain social cohesion using redundant ideologies devised for a population that lived in deserts millennia ago. What does it matter if 2,000 years ago Christ died on the cross and was resurrected if we are not constantly resurrected to the truth, anew, moment to moment? How is his transcendence relevant if we do not resurrect our consciousness from the deceased, moribund mind of our obsolete ideologies and align with our conditions?

The model of pre-Christian man has fulfilled its simian objectives. We have survived, we have created agriculture and cities. Now this version of man must be sacrificed that we can evolve beyond the reaches of the ape. These stories contain great clues to our survival when we release ourselves from literalism and superstition. What are ideologies other than a guide for life? Throughout paganism one finds stories that integrate our species with our environment to the benefit of both. The function and benefits of these belief matrixes have been lost, with good reason. They were socialist, egalitarian and integrated. If like the Celtic people we revered the rivers we would prioritise this sacred knowledge and curtail the attempts of any that sought to pollute the rivers. If like the Nordic people we believed the souls of our ancestors lived in the trees, this connection would make mass deforestation anathema. If like the native people of America we believed God was in the soil what would our intuitive response be to the implementation of fracking?

via Russell Brand on revolution: “We no longer have the luxury of tradition”.