10 Reasons to Leave Your Company to Your Workers When You Retire
It鈥檚 a once-in-a-generation opportunity: Selling to employees can yield a better price, preserve a legacy, keep jobs and profits local鈥攁nd maybe even eradicate inequality.
Wealth and inequality
What If We Owned the Internet Together? It鈥檚 Time to Bring the Co-op Revolution to the Web
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?
We Asked Our Favorite Illustrators What Debt Means to Them
Here's what they gave us, from comics to collage.
How Creative Finance Launched Worker-Owned Co-ops In Post-Sandy New York
Half of small businesses don鈥檛 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
A growing cadre of the owning class is crafting a healthier relationship to the other 99 percent: 鈥淚t is not about individual therapy or even engaging in philanthropy or charity. It鈥檚 about collective action.鈥�
The Interest-Free Lending Circles That Help Friends and Families Do DIY Loans
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.
When Energy Bills Skyrocketed, These Neighbors Banded Together to Keep the Lights On鈥擜nd Won
For nearly 20 years, utility company Central Hudson has operated more or less unchallenged鈥攗ntil Nobody Leaves Mid-Hudson came along.
80 Percent of Us Owe Money to Institutions. Can We Leverage It to Reduce Inequality?
Three visionaries discuss how America鈥檚 debt problem has transformed the movements they work with.
California Challenges Gender Discrimination With Equal Pay Law (and Other News to Chew On)
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.
NYC鈥檚 Credit Unions Give Mom-and-Pop Stores a Chance, Despite Gentrification
They're a lifeline to business owners. So why do these credit unions have trouble growing?
1.5 Million American Families Live on $2 a Day鈥擳hese Authors Spent Years Finding Out Why
For their new book, H. Luke Shaefer and Kathryn J. Edin followed the lives of America鈥檚 poorest families to find out what they need to break out of poverty, and how to make it happen.
Think Students Can鈥檛 Declare Bankruptcy? Think Again
Bankruptcy is supposed to give debtors a fresh start鈥攗nless they鈥檙e struggling with student loans. But a little-known provision is helping these borrowers take their creditors to court.
For These Borrowers and Lenders, Debt Is a Relationship Based on Love
There could be a different financial system, one where debt allows us to honor our freedom rather than our servitude.
Land Trusts Offer Houses That People With Lower Incomes Can Afford鈥擜nd a Stepping Stone to Lasting Wealth
More than 200 land trusts around the country help struggling families buy their first homes, often in gentrifying neighborhoods.
Hero or Coward: Could Skipping My Student Loan Payments Start a Revolution?
A college professor is calling for a massive student-debt strike next year with only one necessity: that as many debtors as possible refuse to pay.
Do Interest-Free Loans Make Sense? No, But They Do Make a Difference
Neighbors are helping crowdfund the dreams of local entrepreneurs, giving community businesses the chance to expand with interest-free loans.
Will Government Make Good on Its Promise to Forgive Student Debt?
Up to a quarter of the nation鈥檚 workers have spent 10 years working in public service on a promise of student loan forgiveness.
6 Ways You Just Got More Power Over Your Credit Score
A complex, for-profit system is behind these three-digit scores that affect your ability to borrow, rent, and work. Here's how regulators are putting credit score companies on notice.
Infographic: A History of Debt Forgiveness and Relief
As long as there has been lending, there have been times when the people鈥檚 debt becomes a crisis. Here鈥檚 a look at the policy solutions governments have been using, starting in ancient Sumer.
Drugs, Sex, and Debt: It鈥檚 Time to Revamp 鈥淭he Talk鈥�
Let鈥檚 remove the shame from the conversation and help the next generation avoid the debilitating amounts of debt that keep us from buying houses or taking vacations.
鈥淵ou Fly to the Edge of the Tar Sands, and … No Life鈥�: A Montana Professor on the Issue of Our Time
University of Montana professor George Price on permaculture, race, and how he鈥檚 standing up to tar sands extraction.
Own a Home in Just Four Years? This Co-Op Program Keeps Workers in the Neighborhood
Nearly half of Evergreen鈥檚 worker-owners have purchased homes through the program.
Why We Did an Issue on Debt
Good debts? We know it sounds crazy. But there鈥檚 a quiet revolution brewing in how we move money around, and we want our readers to know about it.
I Learned More by Leading a Student-Debt Strike Than I Did at College
After graduating from Everest College with a bad education and no job prospects in sight, I refused to pay my student loans. Now I鈥檓 helping lead the first student-debt strike in America.
鈥淒on鈥檛 Owe. Won鈥檛 Pay.鈥� Everything You鈥檝e Been Told About Debt Is Wrong
With the nation鈥檚 household debt burden at $11.85 trillion, even the most modest challenges to its legitimacy have revolutionary implications.
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