Stacy Mitchell in The Atlantic: Elizabeth Warren Has a Theory About Corporate Power

Date: 16 May 2019 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR Co-Director Stacy Mitchell has a piece in The Atlantic focusing on Elizabeth Warren, corporate power, and Democrats’ forgotten role as small business champions. In the piece, Stacy outlines how Warren’s proposals harken back to a New Deal-era Democratic politics that saw small business and labor alike as bulwarks against concentrated monopoly power.

In recent decades, Democratic administrations and politicians have largely lost that trustbusting legacy, but candidates like Warren stand to gain a lot by again taking up the cause of small businesses. Contrary to popular perception, small businesses aren’t particularly loyal to one party over another.

Concentration across every industry—from banking to beer brewing—is a major threat to the economy and to democracy. Democrats would be wise to get back to their trustbusting roots.

Read the full article here.


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Charlie Thaxton
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Charlie Thaxton

Charlie Thaxton is a researcher with the Institute for Local Self-Reliance’s Community-Scaled Economy Initiative. He studies local economies, small businesses, civics, and their connection to social capital and wellness.