Texting while driving. Bullying people on social media. Buying into the latest conspiracy theory. Passing off AI-generated work as your own.

That may seem like a random list of 21st-century vices. But I’d argue they’re all examples of the loss of one particular virtue: sophrosyne.

An ancient Greek concept, sophrosyne – pronounced “suh-fros-uh-nee” – is what we might call “sound-mindedness” today. It’s a constellation of characteristics, including moderation, reflectiveness and self-knowledge. They’re found in the kind of person who can respect and trust herself, and be respected and trusted by others.

As a philosopher and philosophical counselor, I research the connection between virtue and happiness. In particular, I’ve noticed a connection between sophrosyne and eudaimonia, the Greek philosophical concept for happiness, or living well.

Harmony of the soul

For the Greeks, sophrosyne represented excellence of character, moderation and self-control. It was connected to phronesis, or practical wisdom, and stood in marked contrast with hubris: excessive pride, dangerous overconfidence and lack of self-insight. Heraclitus, a philosopher who lived around 500 B.C.E., taught that sophrosyne was the most important virtue of all.

Plato, who taught a century later, discussed sophrosyne as the ability to know oneself – and to know when you don’t know something. In “Republic,” he likened sophrosyne to a harmony or friendship between the three parts of the soul: reason, spirit and bodily desires.

  At the center of ‘The School of Athens,’ by Raphael, stand Plato and his student, Aristotle. Wikimedia Commons

Plato’s student Aristotle argued that sophrosyne allows people to strike a balance between self-indulgence and self-denial – like someone who tries to get the right amount of physical exercise, neither too much nor too little. Aristotle taught that it was a virtue developed through practice, just like training for a sport or learning to play a musical instrument.

Sound-mindedness, in short, is not inborn but must be learned.

Discipline and discernment

I believe sophrosyne is still essential for the good life, the life of eudaimonia – happiness and human flourishing. It’s not a transitory feeling, but a sense of being your best self. This involves a kind of satisfaction that is not possible without self-knowledge and self-control.

What’s more, it requires the ability to discriminate between the good and the bad, the true and the false – capacities that are not inborn, but learned through steady practice. Without sophrosyne, it may not be possible to discern what is good for yourself or others. And even if you could, without sophrosyne you might lack the will to follow through.

If anything, these qualities might be even more important with the rise of artificial intelligence and social media. In my counseling practice, I’ve worked with people like “Brian,” an idealist who wanted truth and justice to win out over evil and oppression.

The problem was that he didn’t know how to vet his sources. As the COVID-19 pandemic raged, Brian fell down a conspiracy theory rabbit hole. He was certain that the condensation left in airplanes’ wake were “chemtrails,” a government brainwashing plot, and fumed against the “New World Order.” Thinking he knew it all, he was no longer open to reasoned dialogue.

Sound-mindedness helps us keep perspective in the sea of information online. Artur Debat/Moment Mobile via Getty Images

But if Brian is an example of the loss of sophrosyne, another person I worked with, “Lee,” shows how we can develop it. Lee spent quite a bit of time on social media, but she began to wonder how it was affecting her. She slowed down, took more breaks and started paying more attention to what her mind was doing and to how she was feeling.

As Lee became more self-aware, she realized she was wasting her time. She no longer connected to the reasons she had used social media in the first place. “Consuming social media was making me uneasy. It was like pigging out on junk food,” she told me. “Now I read more books, prepare food and walk during the time I had been spending on social media.”

Ripple effect

For the Greeks, sophrosyne was an ideal second to none. In the 1960s, though, Plato scholars Edith Hamilton and Huntington Cairns lamented that it was no longer “among our ideals.” That seems all the more true today – and the wider consequences are easy to see.

First, there’s the increase in incivility, in all its 21st-century forms – from road rage to cyberbullying. After the isolation of the pandemic, there’s even a new term for general social incivility: “social jet lag.”

The decline of sophrosyne can also lead to screen addiction, diminished attention span and ability to focus – factors that can, in turn, undermine civility. Civility takes sustained awareness of oneself and others.

The consequences go beyond our friends, families and co-workers to democracy itself. If sound-mindedness suffers, excessive pride and overconfidence hurt our ability to engage in reasoned dialogue and to respect other people’s differences.

Timeless virtue

There are a number of factors, I’d argue, that have led to the loss of sophrosyne, including a decrease in funding for education, more teaching to the test and greater economic inequality, which leaves less time and energy for things like personal development.

Another is the decline of mentoring relationships, which the ancient Greeks considered central to intellectual and moral development. A true mentoring relationship involves both instruction and leading by example. It’s about character, not success defined by wealth and status. Today, it appears that mentors have largely been replaced by celebrities and hero culture, with the rich and famous held up as examples worthy of emulation.

I believe the first step toward recovering sophrosyne is to recognize its importance in the good life. The second is to acknowledge its decline. The third is to understand the factors that have led to this decline.

Temperance, moderation, self-control, discernment – qualities such as these add up to a timeless excellence of character that cannot be faked. Becoming such a person requires guidance, practice and consistency.

Ross Channing Reed, Assistant Teaching Professor of Philosophy, Missouri University of Science and Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Trump’s second term is answering that question with devastating clarity.

Our institutions are not just buildings or agencies. They reflect us – our ideals, our hopes, and even our future. If we allow them to be hollowed, or even destroyed, we will lose our democracy – surrendering our freedom to fascism and authoritarianism. If we fight to rebuild them—anchored in the Common Good—they can live again.

Institutions as the Foundations of Democracy

Institutions are not abstractions. They are the bones of democracy, the connective tissue of our society. They are the safeguards that protect us from tyranny, arbitrariness, and the corruption of unchecked power. They are the guardians of the Common Good.

For decades, Americans assumed that their institutions—though imperfect—were durable. The National Parks belonged to all of us. The Justice Department pursued fairness. The Census counted us equally. Public broadcasting told us the truth. The State Department upheld alliances.  Voters could vote by airmail and use voting machines.

But what happens when a leader decides not to steward institutions, but to hollow them out? What happens when loyalty to a man replaces loyalty to the law, to truth, to history, to the people?

Donald Trump’s presidency has answered this question. His first term weakened the foundations. His second term, which began in 2025, is demolishing the pillars.

This demolition of our Democracy is not accidental. It is the strategy of authoritarianism: dismantle, delegitimize, and dominate.

This is the very definition of misleadership – leadership which destroys the Common Good.

Let us count the ways.

1. National Parks & Public Lands

 Before Trump:
America’s national parks and protected lands were celebrated worldwide—“America’s best idea.” These lands were set aside for the public, conserved for future generations. Presidents of both parties expanded protections, treating nature as a shared inheritance.

First Term:
Trump shrank Bears Ears and Grand Staircase–Escalante monuments by millions of acres. He opened sacred lands to mining, oil, and gas drilling. Environmental reviews were bypassed, and the voices of Indigenous communities were silenced.

Second Term:
In 2025, Trump accelerated leases in Alaska’s Arctic National Wildlife Refuge, weakened the Antiquities Act, and gutted rules protecting water and forests. The Department of the Interior became an arm of extraction industries. Public land is no longer held in trust—it is treated as a business asset to be sold off.

The Department of the Interior laid off 1,000 National Park Service employees, a nearly 20% drop in park workforce in some cases.  At Yosemite, cuts in personnel forced rangers into tasks like restroom maintenance and led to a surge in overtime and search-and-rescue missions.

Consequences for the Common Good:
Biodiversity loss, Indigenous dispossession, park visitor dissatisfaction and climate damage. A common inheritance privatized for short-term profit.

2:  Public Broadcasting (PBS/NPR)

Before Trump:
Public broadcasting was one of the most trusted institutions in America. PBS documentaries and NPR journalism connected millions of citizens to fact-based reporting and culture.

First Term:
Trump repeatedly threatened to eliminate funding for the Corporation for Public Broadcasting (CPB). NPR journalists were attacked as “fake news.”

Second Term:
In 2025, the administration slashed CPB’s budget by 30%. Political appointees were installed on oversight boards. NPR affiliates in rural areas lost funding, forcing closures. PBS had to seek corporate sponsors, eroding independence.

Consequences for the Common Good:
A misinformed citizenry. Public broadcasting reduced to private influence. Truth itself put at risk.

3: Voice of America (VOA)

Before Trump:
VOA was a beacon of American credibility worldwide. Its independence made it a trusted source in countries where truth was scarce.

First Term:
Trump installed loyalists in leadership and pressured VOA to promote his narratives. Journalists resigned in protest.

Second Term:
In 2025, VOA became an overt propaganda channel. International credibility collapsed. Journalists were pushed to repeat White House talking points on China, Ukraine, and immigration.

Consequences for the Common Good:
The U.S. lost its moral voice abroad. Authoritarian regimes celebrated. The US has lost a way to counter misinformation or to pursue the truth on the global stage.

4: History of Slavery & American Sins

Before Trump:
Schools were slowly integrating honest accounts of slavery, Jim Crow, systemic racism, and Native genocide into curricula. The 1619 Project symbolized this reckoning.

First Term:
Trump launched the “1776 Commission” to promote “patriotic education” and ban “critical race theory.”

Second Term:
By 2025, the Department of Education tied federal funding to state compliance with “pro-American curricula.” History standards were rewritten to minimize slavery, colonization, and racism. Teachers who dissent face dismissal.

Consequences for the Common Good:
Historical amnesia, and institutional erasure of the truth. A nation unable to face its sins cannot heal them.

5: Arts & Culture (NEA, NEH, Smithsonian)

Before Trump:
The National Endowment for the Arts (NEA) and National Endowment for the Humanities (NEH) funded community projects across the U.S.—theaters, museums, libraries. Art and culture were treated as public goods.

First Term:
Budgets proposed eliminating both agencies. Funding survived, but barely.

Second Term:
In 2025, funding cuts of 40% forced small arts institutions to close. Federal support for museums dwindled. Art and culture became dependent on wealthy donors, reinforcing inequality.

Consequences for the Common Good:
The arts became privatized luxuries instead of democratic expressions of creativity.

6: Environmental Protections (EPA)

Before Trump:
The EPA regulated air and water quality, enforced emissions standards, and protected human health.

First Term:
Trump rolled back more than 100 environmental rules. The Clean Power Plan was scrapped. Climate science was suppressed.

Second Term:
In 2025, a former coal lobbyist ran the EPA. Emissions regulations collapsed. U.S. climate pledges abandoned. Climate denial returned as official policy.

Consequences for the Common Good:
Increased pollution, rising health risks, and the loss of America’s climate leadership. The loss of biodiversity.

7: Healthcare (ACA/Medicaid)

Before Trump:
The Affordable Care Act (ACA) expanded healthcare to over 20 million Americans. Medicaid was strengthened.

First Term:
Trump failed to repeal ACA but weakened it through executive orders and lawsuits.

Second Term:
By 2025, Medicaid eligibility was narrowed. Subsidies shrank. RFK Jr., as Health Secretary, gutted vaccine policy. Millions lost coverage, women’s reproductive care restricted.

Consequences for the Common Good:
Health became a privilege, not a right. The most vulnerable suffer first. Increased mortality rates for infants and women.

8: Immigration 

Before Trump:
Deferred Action for Childhood (DACA) protected “Dreamers.” Refugee admissions held steady.

First Term:
Trump imposed the Muslim ban, reduced refugee admissions, and separated families at the border.

Second Term:
In 2025, family separations quietly resumed. Refugee cap dropped near zero. DACA frozen in courts. Deportations surged – some 1.2 million immigrants have been removed from society – leading to a crisis in the labor workforce. The administration doesn’t acknowledge habeas corpus.

Consequences for the Common Good:
Humanitarian crises at the border. America’s moral credibility shattered. Loss of illegals lead to rising prices of food, construction, and infrastructure-related services.

9: Department of Justice / Judiciary

Before Trump:
The DOJ enforced civil rights laws and was seen as largely independent.

First Term:
AG Barr used the DOJ to protect Trump and attack his critics.

Second Term:
In 2025, Harmeet Dhillon gutted the Civil Rights Division. Voting rights cases dropped. DOJ loyalty tests proliferated. Over two-thirds of the Justice Department’s Civil Rights Division staff are expected to leave their jobs, accepting a resignation offer as the Trump administration moves to drastically reshape the agency.

Consequences for the Common Good:
The law was weaponized for partisan purposes. Equality before the law has eroded.

10: Census & Voting Systems

Before Trump:
The Census was nonpartisan, ensuring fair representation and resources.

First Term:
Trump tried to add a citizenship question, aiming to suppress counts of immigrants.

Second Term:
In 2025, gerrymandering expanded so that black Americans have less representation. Census methodology skewed. Voter ID laws proliferated under DOJ approval.

Consequences for the Common Good:
A distorted democracy. Some voices silenced; others amplified unfairly. The GOP holds on to power at the expense of the people’s wishes.

11: Education 

Before Trump:
Title IX protections ensured equity. Federal support for student loans expanded access.

First Term:
Betsy DeVos dismantled borrower protections and weakened Title IX enforcement.

Second Term:
Trump attacks major universities such as Harvard and Columbia, on accusations of antisemitism and reduces previously granted funding for many student science projects.  In 2025, federal funding tied to “a patriotic curriculum.” Charter schools expanded, public schools underfunded. Trump cancels many foreign students from coming to American universities that accepted them.

Consequences for the Common Good:
Education became a battlefield of ideology, not a ladder of opportunity. America’s educational and scientific future is threatened.

13: State Department / Diplomacy

Before Trump:
The State Department relied on a professional corps. Alliances were stable.

First Term:
Diplomatic corps hollowed, Paris Accord abandoned, NATO weakened.

Second Term:
In 2025, further staff exodus. Partisan loyalists replaced career diplomats. NATO fractured. Trump raises tariffs on its close allies. Allies bypass America.

Consequences for the Common Good:
U.S. global influence diminished. Allies no longer trust America.

14: Consumer Protection (FTC, CFPB)

Before Trump:
The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB) protected consumers from predatory finance and monopolies.

First Term:
CFPB defanged under pro-industry leadership.

Second Term:
In 2025, antitrust actions abandoned. FTC slowed enforcement. Tech and finance corporations operate unchecked. Staff and contractors at the Consumer Financial Protection Bureau have been told they cannot “perform any work tasks.”

Consequences for the Common Good:
Consumers exposed to predatory lending, monopoly abuses, and privacy violations.

15: Social Safety Nets (SNAP, SSI, WIC)

Before Trump:
Social safety nets such as Supplemental Nutrition Assistance Program (SNAP), Supplemental Security Income (SSI) and the Wicked 7 Project ( WIC) reduced hunger, supported children, and alleviated poverty.

First Term:
Trump proposed deep cuts to food stamps and SSI, blocked in Congress.

Second Term:
In 2025, work requirements were reinstated. Funding cut. Eligibility narrowed. Millions lose food assistance.

Consequences for the Common Good:
Food insecurity and poverty rise. The poor and vulnerable abandoned.

What Next?

We listed 15 institutional areas that Trump and his MAGA (Make America Great Again) followers devastated.  Sadly, Trump’s actions changed MAGA to MAWA (Make America Weak Again).  Foreign countries are shocked and dismayed by how rapidly America sunk from the world’s Leading Democracy to a collapsing Empire with crumbling power.

Trump talks about acquire Canada, Greenland, and the Panama Canal.  Trump had the audacity to dictate new tariffs that he would charge not only to his enemies (China 50%), to neutral countries (India 50%, Switzerland 39%) and to his allies (Canada and Mexico 25%).  At the United Nations Security Council in June 2025, the U.S. was effectively the only country opposing an effort to move toward peace—specifically, it vetoed a resolution calling for an “immediate, unconditional and permanent ceasefire” in Gaza.  

Within America, instead of Trump uniting Americans, he deepens divisions daily. His purpose is to openly vilify and destroy the Democrats and their party and to set himself up as a lifelong dictator. Seriously, does anyone doubt this still?

What will it take to stop this madness and restore Democracy in the USA? Time is running out.

IMAGE credit.

Predicting the winner of a U.S. Presidential election is especially hard in this election year. The candidates are running close to 50-50 and voters are highly polarized. The two candidates have extremely different views of what is the Common Good.

So we choose not to make a prediction.

However, we want to vote. If this was an election in Australia, we would have to vote or pay a fee for not voting.  Furthermore, we would have to rank our candidate preferences if there are three or more candidates.

But we are American citizens. Also, we are largely independent voters.  We aren’t one-issue voter although this would make it easy.  For example, what if we cared only about abortion and voted for the candidate who favors abortion rights for women. We really want to consider all the policy differences between the two candidates.  

How can we do that?

Let’s imagine the economic, social and political outcomes that are likely to follow from each candidate being elected.

Our best step is to list the outcomes that we expect to follow with each candidate if elected. We stand ready to revise our views.  In fact, we invite you, the reader, to look at the two lists.  Feel free to add missing outcomes.

You can send your revised list to us >>  info (at) fixcapitalism dot com >>

Here are our initial lists:

What will happen if Trump wins the 2024 Presidency?

1. Economic chaos as higher prices result from Trump’s rising tariffs and irrational trade policies
2. Cutbacks and/or elimination of Social Security, Medicare, and the possible repeal of Obamacare
3. Social chaos with increased violence towards minorities, workers, and union organizers
4. Political arrests targeting opponents (Trump has also said anyone criticizing the Supreme Court should be jailed)
5. Government appointments not based on merit but ideology (existing government employees will be purged unless they are loyal to Trump)
6. Fewer dependable allies from abroad as NATO(and the EU) is abandoned; China becomes stronger as Taiwan is abandoned
7. Russian power increases as Ukraine is left to itself; US pivots to possible war against Iran
8. Climate problems worsen – pollution regulations are eliminated; drilling allowed in National Parks
9. Polarization and hatred worsen as “remigration” and forced deportation is scaled up
10. Leadership focuses on past grievances – including personal vendettas against people who didn’t support Trump
11. Possibility of mental deterioration of Trump after election – leading to the installation of JD Vance as President
12. Women lose their reproductive rights, and other civil rights as well
13. More tax cuts for the rich and corporate interests, leading to further deficits (military programs to increase at the expense of everything else)
14. Increase in Christian Nationalism and intolerance for other faiths
15. Implementation of Project 2025 and abandonment of constitutional boundaries

What will happen if Harris wins the Presidency?

1. Lower prices as Inflation continues to fall; corporate price-gouging is dissuaded
2. Major job creation with new factories and new investments in renewabletechnologies
3. Higher taxes on the super-rich and corporate profits to support better health and education – this funds Social Security and eliminates austerity measures
4. Strong dependable allies abroad – NATO is supported to create a better, secure future
5. More progress in controlling climate problems – investment in renewables and battery technologies
6. Her international experience will further peacemaking to reduce international disputes
7. Union support instead of opposition and more worker benefits including a higher minimum wage
8. Less polarization and more goodwill amongst the general population; opposition to the culture wars
9. Leadership is younger and motivating for younger generations
10. Women’s rights are secured nationally and across states; abortion rights are strengthened
11.  Church and state are kept separate and America avoids a decline into Christian Nationalism by embracing a culture of respect
12.  Increased regional investments in Latin America to encourage residents to remain in their home countries
13. Support for a two-state solution regarding Israel and Palestine
14. Support for  job-creation through small business and start-up incentives
15. Corporates and billionaires pay a fairer share of taxes

Does this comparison of likely outcomes help you choose your candidate?

ASK: Which candidate is working for the Common Good? Which candiadte is working for the future wellbeing of our children?  Which candidate has demonstrated a commitment to justice?

May the best candidate win.

The National Labor Relations Board was prevented on Tuesday from moving forward with an unfair labor practices case against the social services tech company Findhelp, after a Trump-appointed judge granted the Texas-based firm’s request for a temporary injunction.

“This is yet another move by a Trump-appointed judge in favor of wealthy corporations.”

In the Northern District of Texas, U.S. District Judge Mark Pittman ruledin favor of Findhelp’s claim that administrative law judges at the NLRB have unconstitutional protections from being dismissed by the White House.

The argument has been used by other large companies including billionaire Elon Musk’s aerospace firm SpaceX and a subsidiary of the fossil fuel giant Energy Transfer, which have both also obtained preliminary injunctions from Trump appointees in Texas, shielding them from labor rights cases.

In the SpaceX case, the NLRB argued that “granting an injunction would encourage any employer or labor union unhappy with scrutiny of their labor practices to seek preliminary injunctions against NLRB proceedings.”

Starbucks, Amazon, and Trader Joe’s have also joined the corporate effort to strip the NLRB of its ability to carry out its duties as a federal agency tasked with protecting workers from unfair labor practices. The companies have claimed that the agency’s structure, which was established by the New Deal’s National Labor Relations Act nearly a century ago, violates the president’s “removal powers” under Article II of the U.S. Constitution.

“Prior to the New Deal, judges claimed things like overtime and child labor rules were unconstitutional,” said journalist Ryan Grim.

Lawyers for the NLRB argued in the Findhelp case that the company is not entitled to relief from a court until the president tries to remove the administrative law judge assigned to Findhelp’s case, but Pittman said he was “unpersuaded by the NLRB’s arguments.”

Pittman cited a precedent established by the U.S. Court of Appeals for the Fifth Circuit, which ruled in 2022 that removal protections for the Securities and Exchange Commission’s judges were unconstitutional.

This month, two federal judges—one appointed by former President Barack Obama and one by President Joe Biden—have rejected other corporate challenges claiming the NLRB is unconstitutionally structured, teeing up a potential U.S. Supreme Court case to settle the matter in the future.

Tuesday’s ruling comes 18 months after the Office and Professional Employees International Union filed a complaint with the NLRB, saying Findhelp had illegally fired and coerced workers who were involved in organizing their workplace. The employees had voted 95-52 in favor of joining the union.

With Pittman’s injunction in place, an NLRB administrative hearing on whether Findhelp unlawfully fired organizers and surveilled employees will not move forward.

“The NLRB protects Americans’ right to unionize, fight unjust firings, and collectively bargain for higher wages,” said the U.S. Congressional Progressive Caucus. “Without it, employers can ignore labor laws and deprive workers of their rights. This is yet another move by a Trump-appointed judge in favor of wealthy corporations.”

Has capitalism taken us over the cliff? And why can’t we stop?

Marjorie Kelly‘s most recent book, Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises is one of the most important explanations of how wealth and power have created an unlivable world and sacrificed the future for the greed of a few.

Why aren’t the SDGs working? Why can’t our politicians do the right thing?

The first answer: wealth supremacy.

Wealth supremacy is defined as the cultural and political processes and attitudes by which persons of wealth accumulate and maintain prestige, privileges, and power that others lack.

The impact of wealth supremacy is everywhere.  Kelly explains:

It’s about status, in a culture where the wealthy are revered as the possessors of godlike powers. It’s about influence, including the power to control philanthropy. It’s about political and legal power-including the power to finance candidates, to influence lawmaking through lobbying, and to escape the justice system that ensnares those without wealth.

(And, in case you were wondering, Kelly shows us the link between wealth supremacy and white supremacy).

The second answer: capital bias.

Capital bias is defined as the idea of making as much money as possible, which primarily benefits those who are already wealthy.

Kelly explains that this bias is present in the systems and institutions that allow money to wield significant influence. Capital represents the active side of wealth. It’s the money that’s expected to keep growing endlessly. Capital is what drives wealth, and it does this through various means like making profits, setting the rules of accounting, and blurring the line between speculation and investment.

When you put wealth supremacy and capital bias together, you have the “DNA of our capital-centric economic system.” These intertwined biases shape how the system operates, grows, and sustains itself. The goal is to keep the rich at the top, safe and comfortable, and capital bias is the way they achieve this. Capital bias is the essence of the system, and this system is what we call capitalism.

The Root Cause of the Polycrisis

Kelly shows us that systemic wealth extraction has become “the deep force sapping the resilience of our society, driving, exacerbating, or profiting from the largest crises of our day.”

The interconnected world of systemic risks–climate change, biodiversity loss, deepening inequality, and rising authoritarianism are converging into what’s being called a polycrisis.  Kelly explains that while ecological overshoot is one root cause of the polycrisis, equally implicated is financial overshoot: the accumulation of too much financial wealth, even as the system remains intent on a limitless more. US financial assets are five times the size of GDP, a ballooning since the 1950s, when assets and GDP were roughly equal in size.

Kelly spells out the connections:

The long rise of irresponsible consumption has been driven by the corporate drive to maximize profits. Our efforts to tackle climate change have been blocked by the misdirection of fossil fuel companies and the capture of politics by monied interests.

As a global food crisis has unfolded, corporations have been out there using inflation to hide outsized price increases.? The white working class, left adrift by the loss of good jobs, finds its anger misdirected into racial and misogynistic hatred by the conservative forces determined to retain or reinstate the social order governed by wealth, by men, by whites.

Many of us don’t fully grasp how the complex, obscure, mathematical rules and norms of our extractive system lie behind these crises. It’s rarely explained to us how expanding pools of great wealth create and rely upon the precarity and indebtedness of the rest of us. Instead, our culture tends to view “wealth creation” as benign and wonderful. This bias toward wealth makes it difficult for us to digest the warnings of economists that the world is awash in far too much financial capital, just as the atmosphere is awash in too much carbon.

Naming the Disease that Ails Us

Kelly’s expose shows us the way out: the first step must be to name the disease, to in see how wealth supremacy lies at the very core of our economic system, and our mental map of reality itself.  The narratives we are taught perpetuate wealth supremacy – Kelly calls theme the myths of wealth supremacy.

The relentless financialization of everything leads to the decimation of workers, as capital drives labor income – and labor itself–out of the economy. She adds: Even more frightening is how the hard right, fueled by plutocratic dark money, now seeks to eradicate democracy in its quest to keep powering the machine that supports … the “unseen ruling class.”

The 7 Myths of Wealth Supremacy

Kelly maps out the seven myths of wealth supremacy—the bias that institutionalizes infinite extraction of wealth by and for the wealthy and is the hidden force behind the polycrisis:

1. The Myth of Maximizing—No amount of wealth is ever enough.
2. The Myth of Fiduciary Duty—Corporate managers’ most sacred duty is to expand capital.
3. The Myth of Corporate Governance—Corporate membership must be reserved for capital alone.
4. The Myth of the Income Statement—Income to capital must always be increased, while income to labor must always be decreased.
5. The Myth of Materiality—Profit—that is, material gain-alone is real, while social and environmental damages are not.
6. The Myth of Takings—The first duty of government must be the protection of private property.
7. The Myth of the Free Market—There should be no limits on the sphere of influence of corporations and capital.

Kelly’s explanation of how these myths block us from doing the right thing for the future is a tremendous contribution to the growing debate around regeneration, and a regenerative economy.  Kelly and Ted Howard defined the democratic economy in their book The Making of a Democratic Economy:

A democratic economy is an economy of the people, by the people, and for the people. It’s an economy that, in its fundamental design, aims to meet the essential needs of all of us, balance human consumption with the regenerative capacity of the earth, respond to the voices and concerns of regular people, and share prosperity without regard to race, gender, national origin, or wealth. At the core of a democratic economy is the Common Good, in keeping with the founding aims of democracy in politics.

The Steps towards a Democratic Economy

SO what must be done?  Kelly offers a blueprint for the shift we need:

1. Breaking the Trance: We Participate in System Change
   When We Change Our Minds
2. Pranks, New Naming, and Other Subversive Acts: Helping Others to Awaken
3. The Democratic Economy: Imagining Its Design, Seeing Its Models Demonstrated
4. Democratizing Finance: Pathways Toward a Next System of Capital
5. Beginning Where You Live: Building Community Wealth

Each of these steps is explored in detail in her magnificent book!

I’m especially struck by Kelly’s clear explanation of the differing visions we see in the politics of our time, not just in the US.  Here’s Kelly again:

“In the economic world envisioned by neoliberals, the rights-bearing citizens are corporations and investors. Democracy is about protecting human rights and the rights of nature.”

Which one do you choose?

Repurposing the Corporation

In our book on regeneration, we argue that the corporation is obsolete. Kelly agrees. Here’s her take on what needs to happen:

The challenge is to envision, and create, private enterprises and investing processes that remove capital bias. Enterprises may still be profit making; that’s an imperative of staying in business. What is dangerous, … is the unfettered aim of profit maximizing.

There’s much, much more.  We’re running out of time, and Kelly’s timely book is a force for the change we so desperately need.

About Marjorie Kelly

Marjorie Kelly is a Distinguished Senior Fellow with The Democracy Collaborative and has authored several books before this one, including The Making of a Democratic Economy with Ted Howard, Owning Our Future: The Emerging Ownership Revolution, and The Divine Right of Capital: Dethroning the Corporate Aristocracy

Kelly argues instead for the democratization of ownership: public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a nonextractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.

Kelly and her colleagues at The Democracy Collaborative played a pivotal role in advising and designing the launch of the Fund for Employee Ownership, now hosted at the Evergreen Cooperatives in Cleveland. Originally consisting of a network of three worker-owned firms, the fund has expanded to include four new firms through conversions. Additionally, Kelly co-authored research on the role of capital in scaling up employee ownership and conducted research and convening on the model of 50 employee-owned firms that are also B Corporations, which she terms “next-generation enterprises.” Jay Coen Gilbert credits Kelly with inspiring the creation of the B Movement of B Corporations through her book “The Divine Right of Capital.” Prior to her current role, she served as a Fellow at the Tellus Institute and co-founded and served as president of Business Ethics magazine.

GET the BOOK >> Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises

Christian Sarkar is the co-author (with Philip Kotler and Enrico Foglia) of REGENERATION: The Future of Community in a Permacrisis World – IDEA BITE PRESS (May, 2023)

In yet another instance of disaster capitalism, private equity companies like Blackstone have found two ways to profit from the climate emergency: first by investing in fossil fuel infrastructure and then by buying up restoration companies that clean up after increasingly extreme weather events.

That’s one of the main takeaways from a report released Thursday by the Private Equity Stakeholder Project (PESP) and Resilience Force titled Private Equity Profits From Disaster at the Expense of Workers, Communities, and Climate.

“Firms like Blackstone should be ashamed of this sinister investment strategy that contributes to catastrophe and rebuilds after it strikes,” report co-author and PESP research coordinator Azani Creeks told Common Dreams.

“The investments Blackstone has made in both ServPro and its fossil fuel companies have long-term consequences that are borne primarily by already marginalized communities in the United States.”

The report documents a shift that took place in the disaster recovery industry following Hurricane Katrina in 2005. Before that historic storm, cleanup work in a given area was usually done by smaller local companies.

“After the massive efforts required post-Hurricane Katrina and the increasing frequency and magnitude of climate disasters, private equity firms saw an opportunity to consolidate the market by buying up smaller companies,” Creeks wrote in the report.

And the trend continues. Private equity firms bought 72 restoration companies between January 2020 and June 2023, with the number of purchases rising each year. They acquired 13 in 2020, 20 in 2021, 25 in 2022, and 14 during just the first six months of 2023. If that pace continues through the end of the year, the 2023 total will rise to 28, more than double the yearly purchases three years ago.

The report includes a list of 14 major disaster relief companies owned by private equity firms, five of which also invest in fossil fuels. For example, Blackstone, which owns ServPro, also bought Ohio’s General James Gavin Power Plant—one of the leading single sources of coal pollution in the U.S.— in 2017.In another example, Louisiana-based disaster relief company the Lemoine Company also manages Lemoine Pipeline Services. The company is owned by the private equity firm Bernhard Capital Partners.

This profit-making strategy has major environmental justice implications.

“The investments Blackstone has made in both ServPro and its fossil fuel companies have long-term consequences that are borne primarily by already marginalized communities in the United States,” Creeks told Common Dreams, adding that ServPro often hires immigrants and people of color who are vulnerable to unfair and unsafe labor practices like wage theft.

“Furthermore,” Creek added, “Blackstone’s financing of fossil fuel assets also inflicts direct harm on these same communities, who bear the brunt of toxic emissions and climate disasters.”

Even if private equity firms aren’t funding fossil fuels, their acquisition of restoration companies still means they have a responsibility to workers and communities, the report argues.

As disaster restoration companies have consolidated and gone national, they have organized themselves in a series of franchises and subcontractors. Of the 72 companies acquired in the last three years, more than 80% of them were instances of larger companies buying up smaller ones. These often-opaque corporate structures can make it difficult for workers to challenge their employers over issues like wage theft or unsafe working conditions. Undocumented workers are especially vulnerable, because any complaint may be met with a threat to contact immigration authorities.

“Though issues with wage theft and worker health and safety have long existed in the construction and disaster restoration industries, with an investment from the world’s largest asset manager, you would expect to see these issues less frequently as more resources can be implemented to protect workers,” Creek said. “Instead, the problems at ServPro and other private equity-owned disaster restoration companies persist, with even less mechanisms for accountability and public scrutiny than before.”

One worker named Joél Salazar, who is also an organizer with Resilience Force, shared his experience ServPro subcontractor Royal Services. He said the company offered to pay his way from Florida to Colorado in early 2022 to help with wildfire recovery there, and promised him 40-hour workweeks and weekly paychecks when he arrived. But the travel costs never materialized, weeks started out closer to 20 hours, and the pay ended up being every other week instead.

“The company is stealing from me.”

What’s more, the payment was made via a Visa card. When Salazar said he had to return to Florida, the company canceled his card despite the fact that a significant amount of his earnings were still on it.

“The company is stealing from me,” he said in the report.

Salazar said he wanted private equity firms and investors to be aware of what their companies were doing.

“Investors, I’m calling to ask you to consider worker safety at the companies you invest in, especially the private equity firms you rely on for profits,” he said.

Another problem is unsafe working conditions. Companies owned by private equity firms racked up a total of 194 federal Occupational Safety and Health Administration violations between January 2015 and January 2022. The most common violations were exposing workers to asbestos and failing to provide them with respiratory protection, followed by failing to communicate dangers and protect workers from falls.

Recovery workers are organizing to protect themselves through the group Resilience Force, which says it is “building a strong, stable, inclusive, million-strong workforce that will be able to perform year-round climate preparation and adaptation work, as well as rebuild after disasters.”

The group’s founder and director Saket Soni said in the new report, “We must ensure that these companies, and their private equity backers who profit from disaster, pay and protect the resilience workers who are essential to helping communities adapt and recover.”

What’s better for workers will be better for the communities they help, as well. The report found that the private equity-owned firms engage in price gouging. For example, a ServPro franchise settled with the state of North Carolina for overcharging residents following Hurricane Florence.

The report highlights the legislative efforts of U.S. Rep. Pramilla Jayapal (D-Wash.), whose Climate Resilience Workforce Act would fund jobs and training through grants and make workers less vulnerable by providing a pathway to citizenship for immigrant workers and banning employers from asking about criminal history.

“The innovative Climate Resilience Workforce Act responds to the worsening climate crisis at the scale necessary by investing in a skilled workforce that is capable of not only responding to but preparing for the destructive impacts of climate change,” Jayapal said when the bill was introduced in 2022. “As we create millions of good-paying, union jobs and center the very communities who are disproportionately impacted, we are finally building back better, greener, and stronger.”

The report also issues recommendations to private equity firms to better protect the workers at the companies they own, such as setting up complaint lines, minimizing the use of subcontractors, funding programs to monitor their companies, and allowing their workers to unionize.

Finally, Creeks noted that firms like Blackstone manage public pensions, and have a responsibility to these workers as well.

“Public employees, such as teachers, nurses, and firefighters, have a right to know that their pension dollars are being used to purchase fossil fuel plants that are contributing to climate disasters all over the country,” Creeks told Common Dreams. “In turn, their retirement capital is also being used to buy companies that profit off of these very disasters.”

Olivia Rosane is a staff writer for Common Dreams. This article is republished under Creative Commons (CC BY-NC-ND 3.0). Image from The Visual Capitalist.

I wasn’t aware of climate change until the 1980s — hardly anyone was — and even when we recognised the dire threat that burning fossil fuels posed, it took time for the role of animal production in warming the planet to be understood.

Today, though, the fact that eating plants will reduce your greenhouse gas emissions is one of the most important and influential reasons for cutting down on animal products and, for those willing to go all the way, becoming vegan.

A few years ago, eating locally — eating only food produced within a defined radius of your home — became the thing for environmentally conscious people to do, to such an extent that “locavore” became the Oxford English Dictionary’s “word of the year” for 2007.

If you enjoy getting to know and support your local farmers, of course, eating locally makes sense. But if your aim is, as many local eaters said, to reduce greenhouse gas emissions, you would do much better by thinking about what you are eating, rather than where it comes from. That’s because transport makes up only a tiny share of the greenhouse gas emissions from the production and distribution of food.

With beef, for example, transport is only 0.5% of total emissions. So if you eat local beef you will still be responsible for 99.5% of the greenhouse gas emissions your food would have caused if you had eaten beef transported a long distance. On the other hand, if you choose peas you will be responsible for only about 2% of the greenhouse gas emissions from producing a similar quantity of local beef.

And although beef is the worst food for emitting greenhouse gases, a broader study of the carbon footprints of food across the European Union showed that meat, dairy and eggs accounted for 83% of emissions, and transport for only 6%.

More generally, plant foods typically have far lower greenhouse gas emissions than any animal foods, whether we are comparing equivalent quantities of calories or of protein. Beef, for example, emits 192 times as much carbon dioxide equivalent per gram of protein as nuts, and while these are at the extremes of the protein foods, eggs, the animal food with the lowest emissions per gram of protein, still has, per gram of protein, more than twice the emissions of tofu.

Animal foods do even more poorly when compared with plant foods in terms of calories produced. Beef emits 520 times as much per calorie as nuts, and eggs, again the best-performing animal product, emit five times as much per calorie as potatoes.

Favourable as these figures are to plant foods, they leave out something that tilts the balance even more strongly against animal foods in the effort to avoid catastrophic climate change: the “carbon opportunity cost” of the vast area of land used for grazing animals and the smaller, but still very large, area used to grow crops that are then fed — wastefully, as we have seen — to confined animals.

Because we use this land for animals we eat, it cannot be used to restore native ecosystems, including forests, which would safely remove huge amounts of carbon from the atmosphere. One study has found that a shift to plant-based eating would free up so much land for this purpose that seizing the opportunity would give us a 66% probability of achieving something that most observers believe we have missed our chance of achieving: limiting warming to 1.5℃.

Another study has suggested that a rapid phaseout of animal agriculture would enable us to stabilise greenhouse gases for the next 30 years and offset more than two-thirds of all carbon dioxide emissions this century. According to the authors of this study:

The magnitude and rapidity of these potential effects should place the reduction or elimination of animal agriculture at the forefront of strategies for averting disastrous climate change.

Climate change is undoubtedly the biggest environmental issue facing us today, but it is not the only one. If we look at environmental issues more broadly, we find further reasons for preferring a plant-based diet.

The clearing and burning of the Amazon rainforest means not only the release of carbon from the trees and other vegetation into the atmosphere, but also the likely extinction of many plant and animal species that are still unrecorded.

This destruction is driven largely by the prodigious appetite of the affluent nations for meat, which makes it more profitable to clear the forest than to preserve it for the indigenous people living there, establish an ecotourism industry, protect the area’s biodiversity, or keep the carbon locked up in the forest. We are, quite literally, gambling with the future of our planet for the sake of hamburgers.

Joseph Poore, of the University of Oxford, led a study that consolidated a huge amount of environmental data on 38,700 farms and 1,600 food processors in 119 countries and covered 40 different food products. Poore summarised the upshot of all this research thus:

A vegan diet is probably the single biggest way to reduce your impact on planet Earth, not just greenhouse gases, but global acidification, eutrophication, land use and water use. It is far bigger than cutting down on your flights or buying an electric car, as these only cut greenhouse gas emissions.

Poore doesn’t see “sustainable” animal agriculture as the solution:

Really it is animal products that are responsible for so much of this. Avoiding consumption of animal products delivers far better environmental benefits than trying to purchase sustainable meat and dairy.

Those who claim to care about the wellbeing of human beings and the preservation of our climate and our environment should become vegans for those reasons alone.

Doing so would reduce greenhouse gas emissions and other forms of pollution, save water and energy, free vast tracts of land for reforestation, and eliminate the most significant incentive for clearing the Amazon and other forests.

This is an edited extract from Animal Liberation Now by Peter Singer (Penguin Random House).

Peter Singer, Professor of Bioethics in the Center for Human Values, Princeton University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

In our book – REGENERATION: The Future of Community in a Permacrisis World, we point out that in the US today, we see that our politicians can’t even stand up to the NRA, let alone address climate collapse.  Instead, they distract us with culture wars and fake controversy – banning books, and literally canceling democracy via gerrymandering and voter suppression.

Shouldn’t our governments be promoting the Common Good?  Isn’t that the definition of regenerative governance?  Here’s a citizen’s checklist we compiled – does your government check the boxes?

If you were to grade your elected government officials against their support  for the Common Good, you might get a better idea if they really care about you and your children’s children.

Christian Sarkar, Philip Kotler, and Enrico Foglia are the co-founders of The Regenerative Marketing Institute, and the joint authors of REGENERATION: The Future of Community in a Permacrisis World.

“The MAGA House is more interested in sweeping any corruption amongst their ranks under the rug and performing political stunts against the Biden administration than they are doing anything constructive,” said one critic.

Government watchdog groups on Monday blasted plans by U.S. House Republicans to gut an independent, nonpartisan ethics office that was established 15 years ago to review allegations of misconduct against members of the chamber and their staffers.

The GOP is set to have a narrow House majority once new members are sworn in on Tuesday. The party’s proposed changes to the Office of Congressional Ethics (OCE) were among various controversial policies included in the rules package for the 118th Congress that was unveiled late Sunday.

As Politico‘s Nicholas Wu summarized on Twitter, the Republican proposals “would effectively sack most of the Democratic-appointed board members by instituting term limits and make it much harder to hire staff.”

in the House Republican Rules package – a provision tucked into its section on the Office of Congressional Ethics would effectively sack most of the Democratic-appointed board members by instituting term limits and make it much harder to hire staff https://t.co/FqaG3nhQLI pic.twitter.com/Hl9Kpzbmet

— Nicholas Wu (@nicholaswu12) January 2, 2023

Wu was among the political observers and ethics experts who pointed out that the changes would likely make it harder to investigate U.S. Rep.-elect George Santos (R-N.Y.), who was caught lying about his education, employment history, and religious background. Although Democrats have called for Santos to step aside over his campaign trail lies and the Republican Nassau County district attorney has launched an investigation into him, the incoming congressman is still expected to take office on Tuesday.

The 1st thing the GOP is planning to do when they vote on their rules package is gut Congressional ethics oversight I call it the Santos protection package—it would cut off one important avenue for investigating him Call your GOP rep (if you have) to object 2022253121 https://t.co/cFuPED77ns — Norm Eisen (@NormEisen) January 2, 2023

Kyle Herrig, president of the group Accountable.US, noted in a statement that the move could help not only Santos but also members such as Republican Congressman Jim Jordan (Ohio), who—along with GOP Rep. Andy Biggs (Ariz.), Kevin McCarthy (Calif.), and Scott Perry (Texas)—was referred to the House Committee on Ethics for ignoring a subpoena from the select committee investigating the January 6, 2021 attack on the U.S. Capitol.

“It’s telling that one of the very first actions of the incoming MAGA Republican-led House will be to kneecap a bipartisan office that oversees congressional ethics,” said Herrig. “This is about protecting their ethically challenged members like fraudster George Santos or January 6 subpoena-defying Jim Jordan from accountability—or perhaps in anticipation of a new wave of corruption allegations and ethics violations from other MAGA extremists.”

“There is certainly no good reason to make it easier for members to get away with ethics violations, which only invites bad behavior,” he added. “It sends a clear message that the MAGA House is more interested in sweeping any corruption amongst their ranks under the rug and performing political stunts against the Biden administration than they are doing anything constructive on behalf of the American people.”

This is a big deal: when the new Congress convenes tomorrow, the incoming Republican majority is set to vote on a rules package gutting the Office of Congressional Ethics.

— Citizens for Ethics (@CREWcrew) January 2, 2023

When Republicans tried to gut it in 2017, they backed down after significant public outrage.

We can do that again.

Call your member of Congress at 202-224-3121 and tell them not to attack the Office of Congressional Ethics.

— Citizens for Ethics (@CREWcrew) January 2, 2023

Public Citizen government affairs lobbyist Craig Holman highlighted in a statement that “OCE is a bipartisan ethics office that helps monitor and report on ethics issues involving members of Congress, and frequently makes its recommendations to the House Ethics Committee on a unanimous vote. It has a proven track record of enhancing transparency and enforcement of ethics rules and has gained widespread support among the American public.”

“These are measures that will render the ethics office ineffectual and which no member, from either party, should support,” Holman said of the GOP’s proposed changes. “Today’s Republican Party is rife with ethical transgressions. And it is now trying to make it much harder to hold members of Congress accountable to the standards of decency we expect.”

Licensed under Creative Commons (CC BY-NC-ND 3.0). Original here >> Jessica Corbett is a staff writer for Common Dreams. Full Bio >

How did you decide to run for office and what makes your campaign different?

Unfortunately, our political world is not in sync with reality – especially when it comes to the concerns people have with the impact of fires, floods, draught, and the unbearable temperatures that are coming. Instead, we see a dismissal of climate science and an intentional obfuscation of facts to slow the adoption of legislation to fight climate change.

We’ve created  a psychological climate of eco-anxiety for the young. I know this because I have three children.

When Caterina Chinnici [the candidate running for president of the Sicilian Assembly] asked me to run on her ticket, I refused at first, but my children and my husband both convinced me to run.  My campaign is about regeneration, and I believe it is truly the only way forward.

What do you mean by regeneration?

My understanding of regeneration is based on what we learned from COVID. As you know, COVID destroyed our tourist economy in Sicily.  Now, with Sicilian families in trouble and our planet in danger, we cannot simply go through another cynical cycle of politics.  What this means that we must rethink the very idea of “left” versus “right” and come together to solve problems.

We have to act. For our children and our children’s children.

Last year, when I was councilor for economic actives of the Municipality of Palermo, the Mayor and I invited the Regenerative Marketing Institute to Palermo; we wanted to learn about different approaches to community regeneration which went beyond the sustainability and circular-economy paradigms which sound good on paper, but achieve little in terms of actually stopping our climate crisis.

We also learned that the climate crisis is also an economic crisis and a social crisis. In a polycrisis world, we cannot focus on one issue at the expense of another.  The real shift is what we do to move from an economy of exploitation and extraction to a regenerative economy.  Nature must become a priority. Or we will no longer have an island to live on.

We must ask ourselves – is politics making our world better or worse?  Our communities?  Our future…  If the answer is no, then we must make the shift to regeneration.

Can you give us some details?

We use a metaphor based on the olive tree – which is a familiar one for us in the Mediterranean:

What we call the “tree of regeneration” is simply an olive tree which connects the community together, from the foundation or roots – based on tolerance, rights, and justice, to the three fruits we hold dear: family, honest work, and nature.  Our communities are connected – and how we treat the weak is a measure of our strength.

How would we act if we were truly serious about doing something about the climate crisis?

Would we keep doing what we’ve been doing?  Paying lip-service to the Planet and little else?

Why are you using comics in your campaign?  

How do we get young people to listen to our vision?

By including them in the vision-making process.

But first we must explain what we stand for in a way that attracts attention, and our comics do that for sure.

How did you come up with all the answers?

That’s it. We don’t have the answers.  But we Sicilians do have a spirit to solve problems.  That’s why Sicily has survived for over the centuries.

I’m not saying the left has all the answers either. But in Italy, the parties on the right were until recently telling their constituents to cut the South loose – that we didn’t belong to Italy. And now they’ve shifted from south-bashing to immigrant-bashing.  The reality is we need to all work on finding solutions, not polarizing people with hate.

Our vision is not division.  It’s regeneration.

To young we say: bring us your ideas.  We hear you!

Let’s see together what we can do to regenerate Sicily.  I invite your readers to learn more at cettinamartorana.it.

Thanks.  

INTERVIEW BY CHRISTIAN SARKAR