The implosion of Archegos is an early warning sign about the next generation of unaccountable capital and exotic, risky financial instruments hidden inside ‘family offices.’
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Economic Justice
Combating inequality means both lifting up and building power at the bottom, and breaking up concentration of wealth and power at the top. That’s why we work at the intersection of economic and racial justice through projects designed to build leadership and self-empowerment of black workers, immigrant workers, and low-wage workers, youth and families affected by incarceration, along with projects aiming to reverse the rules that criminalize poor people of color, and projects fighting to ensure that the wealthy and Wall Street corporations pay their fair share of taxes.
Latest Work
Who Owns the City? Luxury Towers and Supercharged Gentrification
Wealthy workers moving into central, walkable neighborhoods has long caused gentrification, but global capital is exacerbating the situation.
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Decades of Warehousing Charity Dollars — the ‘Fidelity Effect’ on Charitable Giving
Critics of Donor-Advised Funds, or DAFs, have long argued that they starve nonprofits of much-needed funds by “warehousing” charitable donations.
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Poor People’s Campaign and House Progressives Call for a ‘Third Reconstruction’
A new Congressional resolution lays out a comprehensive vision for eradicating poverty and tackling racial and economic inequality.
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Family Offices: Trillion Dollar Pools of Unregulated Capital You Haven’t Heard About
With the collapse of Archegos Capital, family offices — a main tool of the wealth defense industry — are in the headlines.
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The Justice McDonald’s Workers Seek Workers at Spain’s Mondragón Have Found
We don’t have to organize our economy around enterprises that pay CEOs over 1,000 times what workers make.
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Green Jobs Are the Wave of the Future
Solar energy, in particular, shows potential to create inclusive, well-paying union jobs that working Americans need.
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U.S. Billionaire Wealth Skyrocketed 55 Percent During Pandemic, Accelerating Inequality
Pandemic inequalities may explain the popularity of proposals to restore progressive income and wealth taxes on the very wealthy.
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While Professing BLM Support, Wall Street Banks Reject Racial Equity Audits
JPMorgan Chase CEO Jamie Dimon is urging shareholders to vote against a proposed review of the impact of bank policies and practices on racial inequality.
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Can We Get a Vaccine for the Greed Pandemic?
The avarice virus escaped decades ago from corporate boardrooms. We can beat it.
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Reports
The Other Side of the Storm
What Do Black Immigrant Domestic Workers in the Time of Covid-19 Teach Us About Building a Resilient Care Infrastructure?
Bay State Billionaires
Massachusetts billionaires’ wealth surges 46 percent during the COVID-19 pandemic.
Executive Excess 2022
The CEOs at America’s largest low-wage employers are grabbing huge raises while workers and consumers struggle with rising costs.
REPORT: Silver Spoon Oligarchs
How America’s 50 Largest Inherited-Wealth Dynasties Accelerate Inequality
Executive Excess 2021
Low-Wage Workers Lost Hours, Jobs, and Lives. Their Employers Bent the Rules — To Pump up CEO Paychecks.