Tag Archives: Economic Democracy

Swiss to Vote on Basic Income Guarantee

(Reuters) – Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.

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Green Party Platform

About the Green Party

The Green Party of the United States is a federation of state Green Parties. Committed to environmentalism, non-violence, social justice and grassroots organizing, Greens are renewing democracy without the support of corporate donors. Greens provide real solutions for real problems. Whether the issue is universal health care, corporate globalization, alternative energy, election reform or decent, living wages for workers, Greens have the courage and independence necessary to take on the powerful corporate interests. The Federal Elections Commission recognizes the Green Party of the United States as the official Green Party National Committee. We are partners with the European Federation of Green Parties and the Federation of Green Parties of the Americas.

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Co-operative Banking the Wave of the Future?

The Co-operative has pledged to shake up the closed shop of high-street banking after clinching a cut-price deal to take control of 632 Lloyds Banking Group branches in a move that will triple its branch network and bring back the centuries-old TSB brand.

Some 4.8 million Lloyds customers will transfer to the Co-op along with up to 7,000 staff who currently work in the branches that are to be sold. The deal is expected to give the Co-op some muscle in high-street banking. It will create a 974-strong branch network with a 7% share of current accounts – propelling it to become a major competitor to the big four high-street lenders, Lloyds, Barclays, HSBC and Royal Bank of Scotland. The Co-op currently has just 2% of accounts.

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The idea of a Cooperative Central Bank is explored in my article ‘Turn the Fed on its Head‘.

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