Myths vs. Facts: The Reality of Billionaire Wealth
#EconomicDemocracy #economy #InequalityReport #Leadership
https://masonq.com/2026/03/27/myths-vs-facts-the-reality-of-billionaire-wealth/
Myths vs. Facts: The Reality of Billionaire Wealth
#EconomicDemocracy #economy #InequalityReport #Leadership
https://masonq.com/2026/03/27/myths-vs-facts-the-reality-of-billionaire-wealth/
"National economic planning would be opened up to popular input. At the enterprise or business-firm level, workers would take over management of day-to-day operations. This is all foreign to liberalism but not to social democracies around the world (though the extent of worker management in social democratic countries is still rather limited).
When Sanders broke the national political ice on the word “socialism” in 2016, I recall sappy messages to the effect that “socialism is nice; even your public library is socialist.” But that’s wrong — socialism is so much more than that.
Here I want to describe some economic policy projects that might define a distinctively socialist (or social democratic) approach to policy in the United States today, one that pushes beyond the frontiers of liberalism. These are differences in kind, not of degree. For the principal US social democratic projects, I suggest the following breakdown:
- Labor power
- Industrial policy
- Social insurance
- Social ownership
- Anti-federalism
There are traces of all of these in the history of liberal social policy, but I want to highlight the categorical distinctions between liberal and socialist approaches to each element. Such distinctions can give rise to political themes and to explicit campaigns.
(Socialists also crucially differ from liberals in our commitment to internationalism and our opposition to the United States’ militaristic imperialism. But I focus here on the distinctive elements of socialists’ domestic policy agenda.)"
https://jacobin.com/2026/03/socialism-liberalism-economic-policy-agenda/
#Socialism #USA #EconomicPolicy #PoliticalEconomy #EconomicDemocracy


The Scottish Community Wealth Building (CWB) Bill presents an opportune moment to reflect on how Scotland has reached this point, and what the new legislation means for the broader global movement.
The renewal and realization of democracy, or indeed its democratization, has many names. In 2026, we would like to organize the BG’s annual text series under the title #DeepDemocracy https://berlinergazette.de/deep-democracy-bg-annual-text-series-2026-call-for-papers/
#truedemocracy #directdemocracy #radicaldemocracy #councildemocracy #economicdemocracy #grassrootsdemocracy #democracy #Demokratie #polycrisis

The renewal and realization of democracy, or indeed its democratization, has many names: true democracy, direct democracy, radical democracy, council democracy, economic democracy, and many more. In 2026, we would like to organize the BG’s annual text series under the title “Deep Democracy,” building on our previous annual text series, such as “Pluriverse of Peace” (2025), “Kin City” (2024), “Allied Grounds” (2023), and “After Extractivism” (2022), which focused on critical inquiries of the planetary polycrisis. We outline the concept below. Information on how to submit contributions can be found at the bottom.
Words shape reality. In the US/UK, 'Fiduciary Duty' almost exclusively forces directors to serve the shareholder. In the European Social Economy, the legal concept of 'Intérêt Collectif' frees them to serve the community. ⚖️
The Social Economy Glossary maps these 'untranslatables' so we can stop importing extractive logic into democratic economic spaces. 📖
https://rootandbranch.online/library/social-economy-glossary/
