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MSNBC's Ari Melber hosts "The Beat" on Wednesday, March 7, and reports on President Trump's crypto-related corruption and his mounting legal losses. Melber also covers the developing story that Voice of America will begin airing programming from the right-wing outlet One America News. Plus, Melber is joined by filmmaker Ava DuVernay for an extended conversation. Steve Herman, Darrick Hamilton and Richard Painter also join.
Darrick Hamilton, director of the Institute for the Study of Race, Stratification, and Political Economy at the New School talks about Trump's Platinum Plan and whether it was a bait and switch move on Black America. Become a supporter of this podcast: https://www.spreaker.com/podcast/tavis-smiley--6286410/support.
On This Episode of the TripleE's, We hear Darrick Hamilton tell his story of being convicted for 21 years to life for a murder he didn't commit, after spending 21 years in prison , he was exonerated. He is the Deputy Director at the Perlmutter Center for Legal Justice. this is part of changing the narrative, I am not a menace to society series.
Today, on the Hudson Mohawk Magazine, First, Willie Terry interviews Ta-Sean C. Murdock, Executive Director of the Center for Law and Justice, at the Reparations Town Hall Part 1 in Albany. Then, Dr. Ke Fang discusses social anxiety in the context of immigration with Cathy Silber. Later on, Moses Nagel brings us to the Albany common council meeting from April 21st. After that, Darrick Hamilton joins H Bosh Jr on another episode of the TripleE's Finally, Brea Barthell interviews Louise McNeilly from the Affordable Housing Partnership.
Darrick Hamilton is a university professor, the Henry Cohen Professor of Economics and Urban Policy, and the founding director of the Institute on Race, Power and Political Economy at The New School. Considered one of the nation's foremost scholars, economists and public intellectuals, Hamilton's accomplishments include recently being profiled in the New York Times, Mother Jones magazine […]
The practice of profiting from prison labor, both inside prisons and outside for private industries is complex and fraught. Last month in Alabama, a Hyundai supplier ended its work release program following intense pressure to do so. But, in California, Proposition 6, which would have banned involuntary prison labor, was defeated last November. Are laws that allow private industry as well as state governments to profit from prison labor constitutional? Darrick Hamilton, the Henry Cohen Professor of Economics and Urban Policy at The New School, and Chief Economist of the AFL-CIO joins The Excerpt to explain the way some of these programs work and to share what both proponents and detractors of the practice say about them.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Darrick Hamilton, director of the Institute for the Study of Race, Stratification, and Political Economy at the New School, gives a deep-dive analysis into the competing economic plans in this year's presidential election and an update on the state of our economy.
WBBM Political Editor Craig Dellimore sits down with Andrea Saenz & Darrick Hamiliton to discuss the "Color of Wealth" in Chicago, a study that discusses the examines the distribution wealth amongst race & ethnicity in the city. Andrea Saenz is the President & CEO of the Chicago Community Trust. Darrick Hamilton is the Henry Cohen professor of economics & urban policy & the founding director of Institute on Race, Power and Political Economy in Chicago.
Can you imagine an America where housing, health care, a college education, dignified work, family care, an inheritance, and an income floor are not only attainable by all but guaranteed, by our government, for everyone? But isn't this pie-in-the-sky thinking? Not by a long shot, according to Natalie Foster, co-founder of the Economic Security Project. She says our current economic system is chock full of government-backed guarantees, from bailouts to bankruptcy protection, to keep the private sector in business. So why can't the same be true for the rest of us? Her vision for a new American Guarantee is rooted in real-life experiences, collaborations with some of today's most important activists and visionaries, and a concrete sense of the policies that are possible—and ready to implement—in 21st-century America. Natalie Foster joins with Dr. Darrick Hamilton, economics professor at The New School for Social Research, to discuss shifting the debate about our shared economic system. Learn more about your ad choices. Visit megaphone.fm/adchoices
Something is happening in Connecticut. Back in 2021, the state legislature passed a measure that would create something called baby bonds: trust accounts for children receiving government assistance. It's an idea that started decades ago and was championed by Darrick Hamilton, the founding director of the Institute on Race, Power and Political Economy at the New School. On this week's episode of The Weeds, host Jonquilyn Hill sits down with Hamilton to discuss how the idea came to fruition, how a race-neutral policy can close the racial wealth gap, and the way we define economic value. Submit your policy questions! We want to know what you're curious about. Credits: Jonquilyn Hill, host Sofi LaLonde, producer Cristian Ayala, engineer A.M. Hall, editorial director of talk podcasts Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts Please take a second to help us learn more about you! vox.com/podcastsurvey Learn more about your ad choices. Visit podcastchoices.com/adchoices
The “American dream” has long been regarded as the pinnacle of success, rewarded to all who display hard work and pick themselves up by their bootstraps when life knocks them down. This might be our culture's prevailing narrative, but it actually rarely bears out this way. The truth is that our system is full of inequities that put large swaths of people in our country at significant odds with building wealth. Intergenerational wealth, or the passing on of wealth within generations of a family, gives a notable advantage to those who have it, and often leaves those who don't economically burdened. Income inequality in the U.S. continues to persist and the median income of white people largely outsizes that of people of color. This disparity has plagued generations, greatly reducing the ability of people of color to start businesses, pursue higher education, and buy homes. Enter baby bonds, an economic policy in which every child at birth receives an income-dependent government-funded savings account, managed by federal, state, or local governments until adulthood. The end goal? Breaking the cycle of poverty and closing the racial wealth gap to ensure economic stability for future generations. In this episode we're exploring baby bonds and the national legislation that is seeking to create systemic equality nationwide. Joining us first is economist Darrick Hamilton, founding director of the Institute on Race, Power and Political Economy at The New School, who has been at the helm of the progress on this idea. Then we speak with U.S. Rep. Ayanna Pressley (D-Mass.) about the American Opportunities Account Act, a bill introduced by her and Sen. Cory Booker that would implement baby bonds on a national scale. To learn more about baby bonds and Darrick Hamilton's economic justice work, visit: https://racepowerpolicy.org/baby-bonds/
Data plays a critical role in helping build a more equitable society. As leaders and organizations across the country grapple with how to strategically invest in Black communities, having access to relevant data about wealth equity in the U.S. is essential. Unfortunately, that data is often out-of-date, inaccessible, not disaggregated by race, and not available at the local level.So, how can we work to reduce the gaps in racial wealth equity data?Supported by the Bloomberg Philanthropies' Greenwood Initiative, the Black Wealth Data Center works to remedy the problem of insufficient and inaccessible data on the topic of Black wealth. By making relevant data disaggregated by race available, the Black Wealth Data Center's Racial Wealth Equity Database empowers leaders to leverage the data necessary to develop and implement effective programs and policies to increase racial wealth equity.To celebrate the Black Wealth Data Center's recent one-year anniversary, Katherine Oliver sits down with Garnesha Ezediaro, who leads Bloomberg Philanthropies' Greenwood Initiative, Darrick Hamilton, the Founding Director of the Institute for the Study of Race, Stratification and Political Economy at the New School, and Lamar Gardere, the Executive Director at The Data Center of Southeast Louisiana and national recipient of the Black Wealth Data Center and National Neighborhood Indicator's Local Data and Engagement Grant Program, to discuss the importance of data in advancing racial wealth equity, the challenges faced by organizations that don't have access to data, and how the Black Wealth Data Center is helping provide decision-makers with data collection and accessibility.
What do you need to know about wealth to understand structural inequality in America? Becoming wealthy is getting harder with each generation, and the biggest predictor of whether you'll achieve it isn't your class… but your race. Ray Suarez sits down with economist Darrick Hamilton to discuss closing the racial wealth gap in the US. Guest: Darrick Hamilton, American economist and Henry Cohen Professor of Economics and Urban Policy and Professor at The New School for Social Research Host: Ray Suarez If you appreciate this episode and want to support the work we do, please consider making a donation to World Affairs. We cannot do this work without your help. Thank you.
The Biden administration recently urged 16 governors to rectify their state's chronic underfunding of Historically Black Colleges and Universities - HBCUs. That underfunding reached hundreds of millions to, in some cases, billions of dollars. Darrick Hamilton is an Economics Professor and founding director of The New School's Institute on Race, Power and Political Economy. He argues for the proper funding of HBCUs, especially in light of the Supreme Court's decision to ban affirmative action in college admissions. In fact, he contends that HBCUs have done so much with so little, that a debt is owed to them. Higher Ed Spotlight is sponsored by Chegg's Center for Digital Learning and aims to explore the future of higher education. It is produced by Antica Productions.
“Wealth is the paramount indicator of economic prosperity and well-being,” says the economist Darrick Hamilton. He's right. Policy analysis tends to focus on income, but it is wealth that often determines whether we can send our kids to college, pay for an illness, quit a job, start a business or make a down payment on a home. Wealth is also the source of some of our deepest social inequalities: The top 10 percent of households in the U.S. own about 70 percent of the nation's wealth, and the typical Black family has about one-tenth the wealth of the typical white family.Hamilton is an economist at the New School who has spent decades studying the origins of the United States' wealth disparities and how to close them. His “baby bonds” proposal — which would give poor children up to $50,000 in wealth by the time they become adults — has been put forward as national legislation by politicians like Senator Cory Booker and Representative Ayanna Pressley, and a state-level version of it is about to be established in Connecticut. So I asked him on the show to walk me through the structure of wealth in America today, the policy decisions undergirding that structure and the kinds of policies we could pass to dismantle it.Mentioned:“Can ‘Baby Bonds' Eliminate the Racial Wealth Gap in Putative Post-Racial America?” by Darrick Hamilton and William Darity, Jr.“A Birthright to Capital” by Darrick Hamilton. Emanuel Nieves, Shira Markoff and David Newville“Hidden in Plain Sight” by The Corporation for Enterprise Development“Umbrellas Don't Make it Rain” by Darrick Hamilton, William Darity, Jr., Anne E. Price, Vishnu Sridharan and Rebecca TippettBook Recommendations:When Affirmative Action Was White by Ira KatznelsonRacial Conflict and Economic Development by W. Arthur LewisPostcolonial Love Poem by Natalie DiazListen to this podcast in New York Times Audio, our new iOS app for news subscribers. Download now at nytimes.com/audioappThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode was produced by Annie Galvin. Fact-checking by Michelle Harris. Mixing by Jeff Geld. The show's production team also includes Emefa Agawu, Rogé Karma and Kristin Lin. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Nate Golden, Sonia Herrero and Kristina Samulewski.
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In this installment of Best Of The Gist, we listen back to Mike's interview with Ohio State University professor Darrick Hamilton, creator of the “Baby Bonds” program which passed a crucial funding hurdle in Connecticut this week. Then, Mike's take on the narratives around the killing of Jordan Neely. “Heroism” or “evil”? How about “neither”? Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show: https://advertisecast.com/TheGist Subscribe to our ad-free and/or PescaPlus versions of The Gist: https://subscribe.mikepesca.com/ Follow Mike's Substack: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tonight on The Last Word: President Biden says the latest jobs report shows the “economic plan is working.” Also, House Republicans wear AR-15 lapel pins on Capitol Hill during National Gun Violence Survivors Week. Plus, Tennessee Democrats blast GOP Gov. Lee's block on federal HIV funds. And the College Board denies changes to the AP African American Studies course due to Florida Gov. DeSantis' criticism. Darrick Hamilton, Rep. Debbie Dingell, Tennessee State Rep. John Ray Clemmons, Mia Cotton and Reginald Ellis join Ali Velshi.
On this midweek show, Misha Werschkul of the Washington State Budget & Policy Center talks with Crystal about the opportunity this legislative session to align the laws and budget of the state with our values and provide bright futures for all Washingtonians. As legislators prepare to set the State Budget for the next two years, Crystal and Misha discuss how important issues like housing and homelessness are receiving a lot of attention in contrast with less fanfare around education, before diving into impactful cash assistance programs targeted at addressing the wealth gap such as Guaranteed Basic Income and baby bonds. They then turn to the subject of ending Legal Financial Obligations, as it is a practice of wealth taking from the least-resourced to fund our court system, and have a philosophical discussion on unpacking the question of - what does real public safety look like? Finally, they cover progress on much-needed reform of the tax code - the long-awaited launch of the Working Families Tax Credit, movement towards implementation of the capital gains tax, and the anticipated introduction of a wealth tax proposal. As always, a full text transcript of the show is available below and at officialhacksandwonks.com. Follow us on Twitter at @HacksWonks. Find the host, Crystal Fincher, on Twitter at @finchfrii, find our guest Misha Werschkul at @mishaanne and the Washington State Budget & Policy Center @budget_policy. Misha Werschkul Misha (she/her) is a leading voice shaping the debate in Washington state on budget priorities and economic policies. She's a policy wonk at heart and a relentless believer in the importance of people joining together to make change. She has more than two decades of policy and legislative experience and is eager to build on this experience with an openness to new ideas and approaches, especially about how to bring racial equity into policymaking and organizational processes. You're most likely to find Misha working with partners to craft policy proposals and build coalitions around statewide progressive revenue, economic, and racial justice issues. She also serves on the board of directors of Balance Our Tax Code and the SEIU Benefits Group. In her spare time, Misha tries to be outside as much as possible. Some of her favorite activities are gardening in her taxpayer-supported neighborhood community garden, backpacking with friends in the publicly funded Olympic National Park, and paddleboarding in Lake Washington. Resources Washington State Budget & Policy Center 2023 State of the State Address: Bold actions for building a stronger Washington | Washington Governor Jay Inslee “Washington Should Tax the Rich to Save Our Public Schools” by Robert Cruickshank for The Stranger “The U.S. Could Help Solve Its Poverty Problem with a Universal Basic Income” by Michael W. Howard for Scientific American “How Tacoma's yearlong guaranteed income experiment fared” by Alexandra Yoon-Hendricks from The Seattle Times HB 1045 - Creating the evergreen basic income pilot program “To address wealth gap, WA to consider $4,000 ‘baby bonds'” by Alexandra Yoon-Hendricks from The Seattle Times “Budget funds key first step in State Treasurer's wealth gap initiative” by Adam Johnson for Office of the State Treasurer SB 5125 | HB 1094 - Creating the Washington future fund program “A tragic Seattle story explains the decline of American welfare” by Shaun Scott for Crosscut “Getting rid of legal financial obligations can protect the economic security of thousands of Washingtonians” by Evan Walker for Washington State Budget & Policy Center “It's Time to Reform Washington's Harmful System of Fines and Fees” by Evan Walker & Andy Nicholas for Washington State Budget & Policy Center “Beyond Policing: Investing in Offices of Neighborhood Safety" by Betsy Pearl for The Center for American Progress “The Working Families Tax Credit will reduce hardship across Washington” by Margaret Babayan for Washington State Budget & Policy Center Working Families Tax Credit Coalition “In Washington State, the Left Won a Major Victory for Taxing the Rich” by Galen Herz for Jacobin “Share the Wealth, Washington!” by Carolyn Brotherton for Economic Opportunity Institute WA Possible - podcast about what is possible for economic justice in Washington state by Washington State Budget & Policy Center Transcript [00:00:00] Crystal Fincher: Welcome to Hacks & Wonks. I'm Crystal Fincher, and I'm a political consultant and your host. On this show, we talk with policy wonks and political hacks to gather insight into local politics and policy in Washington state through the lens of those doing the work with behind-the-scenes perspectives on what's happening, why it's happening, and what you can do about it. Be sure to subscribe to the podcast to get the full versions of our Friday almost-live shows and our midweek show delivered to your podcast feed. If you like us, the most helpful thing you can do is leave a review wherever you listen to Hacks & Wonks. Full transcripts and resources referenced in the show are always available at officialhacksandwonks.com and in our episode notes. Today I am excited to be welcoming Misha Werschkul, who's the Executive Director of the Washington State Budget and Policy Center - welcome. [00:01:01] Misha Werschkul: So glad to be with you, Crystal. Thanks for having me. [00:01:04] Crystal Fincher: Thanks for joining us. I just want to start off by talking about - a lot of people are familiar with the Washington Budget and Policy Center, but for those who aren't, what is it? What do you do? And what brought you to this work? [00:01:14] Misha Werschkul: Thanks so much for starting with that. The first thing that I just want to share is - at the Washington State Budget and Policy Center - we're a nonprofit advocacy organization, so we're not part of State government. We actually work doing research and analysis, work in coalition with other organizations. And really, our goal is to make sure that the laws and the budget of Washington State are in alignment with the values of our state and really setting up a bright future for all Washingtonians. So we primarily work on state policy, although we do a little bit of work on local issues from time to time and federal issues. And all of our work is, as I mentioned, in coalition partnership - so we work with other organizations that do grassroots organizing and power building, communications, more political work - and really work together to try to make sure that when the Legislature comes together, as they are right now, that they're doing the things that match the values in our community. So it's really actually super fun work that allows us to bring those skills of research and analysis in what we hope to be service for social justice. A little bit about me is just - I came to this work really through a path of advocacy work. So prior to being with the Budget and Policy Center, I worked with a labor union in our state that represents home care and nursing home workers, and had a chance to be a frontline lobbyist down in Olympia trying to advance the interests of the long-term care workforce. And I saw through that work the incredible impact of the Budget and Policy Center, the power of the team here, and the importance of working on structural issues like the state budget, tax policy, economic justice - and now get the chance to work still in collaboration and partnership with organizations like the labor union that I worked with. [00:03:12] Crystal Fincher: You talk about the structural impact that can be made - and so much of that is impacted at the state level. What are you looking to have accomplished in this legislative session that just started? [00:03:24] Misha Werschkul: We always talk about the most important piece of legislation that the Legislature tackles each year is the state budget. And that is hundreds of pages of decisions - embedded in the state budget - around what are we going to spend money on, and how are we going to collect the revenue that pays for those things. And so our state has been really in a good situation with being able to receive federal dollars through all of the COVID relief that has happened over the past few years. And we've been able to do a lot - our legislators have - to be able to invest in our communities and help, really, us weather a really horrific pandemic. And this year, the Legislature is going to be putting together the budget for the next two years, so the end of 2023 through 2025. And I would say, always, that the most important thing that they can do is put together a budget that really meets the needs of communities, reflects community input, and ideally collects the revenue to pay for those investments in an equitable way. So there's millions of things within the state budget that matter to folks all across our state, and that's something that we'll be watching super carefully this legislative session - and frankly, every legislative session. [00:04:44] Crystal Fincher: What are the most important things you believe are going to be the components of the budget that will make a positive impact for the state? [00:04:52] Misha Werschkul: Some of the things that are getting a lot of attention and are going to be really important are really what is the level of investment in housing and homelessness. That's something that - I live in Seattle - that is something we're talking about a lot in Seattle, but is also really an issue all across the state - folks in rural communities, other urban areas, suburban areas - dealing with the homelessness crisis and the lack of access to affordable housing. And so this year, the governor has proposed a really big investment in housing and homelessness services - much bigger than has been talked about in previous years - and really, I think, embraced the need for a statewide solution that really matches the scale of what the crisis is that folks are experiencing. And so we're going to be watching that really carefully to see what can be done in that area. The governor is also talking about behavioral health as an important area for investment, climate change. One area we'll be paying attention to at the Budget and Policy Center is education - that is actually the biggest part of the state budget - is funding for public schools. And we know that schools all across our communities - kids need to be invested in, right? And that that is something that is going to be important this year - special education, how are we supporting teachers, what are we really doing to make sure that kids' mental health are taken care of. There's a lot more to do in that area and a lot of conversation to be had in the next 100-ish days of the legislative session. [00:06:29] Crystal Fincher: Certainly a lot of conversation to be had. And while we have heard a lot of talk, fortunately, about taking action on housing and homelessness, we haven't heard as much about education after, surprisingly, seeing so many teachers and educators bringing to the fore the crisis, basically, that we're facing in terms of funding, special education resources, and the ability to really give kids the education that will equip them for their future and that we're constitutionally obligated to give them. What are the prospects for action and what do you think is possible this legislative session? [00:07:06] Misha Werschkul: I think the Legislature is going to step up and do something for our kids. So there hasn't been as much talk about it - there are a number of different challenges that the Legislature is grappling with, a number of different things the Legislature is dealing with. But ultimately, education is the most important thing when it comes to the state budget and the paramount duty of Washington State. And so last year there was investment in counselors and other types of support professionals in the schools - that's going to be rolling out and making a difference for kids this year, but more has to be done. And I think that that is an area where we're hearing folks - really from both political parties - talk about the need to invest in education. And so I'm actually pretty hopeful about what's going to be done in that area for kids all across the state because the need is really present. And as you mentioned, the calls that teachers made at the start of the school year, folks' experience of the first few months of the school year, kids back to school in January - the needs there are very visible. And I think legislators will listen to that. [00:08:23] Crystal Fincher: Absolutely. You have also, and the Budget and Policy Center has done a lot of work and highlighted a lot of research about the importance of cash assistance policies in addressing poverty and strengthening communities. Starting with Guaranteed Basic Income, that we've heard a lot from Representative Liz Berry on - what is that? What kind of record does it have? And why is it important? [00:08:48] Misha Werschkul: I love that you're asking about this because I think this is actually one of the most important things the Legislature can and should act on this year. So the idea of Guaranteed Basic Income is really a concept that's really been brought forward by - historically by Black leaders, Black women, also by tribal governments - as a way to really recognize the inherent dignity of people and the fact that people can make the best choices with resources that can meet the needs of themselves individually, their families, and their communities. And it's really a rejection of the paternalistic approach of a lot of policy approaches where - too often - you have government agencies really making decisions on behalf of people and taking away that ability for people to make their own decisions. And so this concept of Guaranteed Basic Income has been around for a long time. There has been a dramatic emergence of local pilots of Guaranteed Basic Income programs all across the country in recent years - and huge successes of those programs. The Magnolia Mother's Trust is one of the first, the Stockton SEED [Stockton Economic Empowerment Demonstration] program - also those two pilot programs really sparked action in every part of our country, including right in Tacoma where there's been a pilot that Mayor Woodards led with United Way of Pierce County. And so we're seeing a lot of success historically and even in the last few years of really the approach of getting cash to people in a way that's not restrictive and that lets people make choices that meet their own needs and the needs of their families and communities. The opportunity this year - and what Representative Berry is talking about - is the opportunity to really move that from local pilots to state policy. And she's proposing a statewide pilot that is limited in certain ways in scope, but would be the first state in the country to really have a statewide program for Guaranteed Basic Income. And it's an opportunity to take all of the things that we know from all of the local pilots and the past work on Guaranteed Basic Income and really try it out in a new context of a state program. That bill has gotten a lot of excitement and energy, and hopefully we'll see it get all the way to the finish line this year because it really is, I think, a transformative way to think about the role of state government and a move away from what really are pretty failed paternalistic policies that we've had in the past towards - one, policies that recognize the inherent dignity and the ability of people to make choices for themselves. [00:11:52] Crystal Fincher: Another program that is really interesting and that you have talked about is the Baby Bonds savings program. What is that? [00:12:01] Misha Werschkul: Okay, so the Baby Bonds program is something that I think is complementary to Guaranteed Basic Income, and also complementary to other approaches like the Working Families Tax Credit and existing public benefits, like TANF [Temporary Assistance for Needy Families] and the Housing and Essential Needs program. So it's important to think about it as a complementary, not a replacement for any of these other programs. But the idea of Baby Bonds is really a concept that was developed by an economist, Darrick Hamilton, to think about how do we really address the issue of wealth disparities - primarily by race - that exists. And we know that little bits of money, changing people's income doesn't actually get to that core issue of how people build wealth over time and how people build wealth intergenerationally. So white folks like me, in a lot of cases, have been able to build wealth in our families that we passed down through generations. And I, for example, was able to go to college because my parents were able to help me pay for the cost of going to college. The idea of Baby Bonds is how could we really give every Washingtonian the opportunity to have that little additional seed investment to be able to invest in themselves and their future. And so the State Treasurer, Mike Pellicciotti, has championed this approach for our state. Other states are already moving forward on this, but the idea would be to create an account for every kid who's eligible - to be able to have a little bit of resources that grow over time that they could then use to invest in college, to invest in starting a business, or to invest in buying a home. And really start to move the needle on those intergenerational inequities around wealth. In and of itself, Baby Bonds isn't going to fix everything - it is a piece of the puzzle but is an important one. And it's been exciting to see bipartisan support for that proposal and a lot of energy from local communities to really think about really a proposal that isn't going to have a huge impact in 2024 or 2025, but is setting kids up for success over the long-term and giving people the access to opportunity. [00:14:31] Crystal Fincher: So this is an interesting area. So we talked about Guaranteed Basic Income, which is something that definitely has an immediate impact, Baby Bonds savings, which is a long-term impact - both of which are direct cash assistance. And we are so used to, in our society, and hearing pushback on - Well, just giving people cash, are they going to just waste it? How do we know that they're not going to spend it on different things? People are in poverty - as some people say - because they're bad at managing their money, so we can't just hand it over. We need to really prescribe how it can and can't be used. How do you battle that mindset and address those kinds of worries? [00:15:15] Misha Werschkul: I think for us at the Budget and Policy Center, it comes back to - what does the research say? And those narratives that exist are just not supported by anything that we see in the research. And so what we've seen is that programs that are out there that give people direct cash - that folks use it in ways that really do meet the needs of themselves and their communities. And I can't remember the number right now, but I feel like there's something like more than 100 local pilots that have operated around Guaranteed Basic Income in the last several years. And so we're not talking about just one example - we are talking about example after example after example. I also think it is actually really important to tackle those narratives a little bit head-on and talk about - where do those narratives come from, and why are they so compelling for some folks? And these ideas of - for example, with regards to the Temporary Assistance for Needy Families program and welfare and the dialogues over the years around that program - the kind of myth of the welfare queen - that is a created story that serves a particular purpose. It's not rooted in any sort of reality and we have to actually talk about, we have to actually name those myths that are out there, name those narratives, and call them out for what they are. Because so often it's deeply rooted in racism, deeply rooted in classism and sexism. And to be able to - our hope at the Budget and Policy Center, and other folks play different roles in this, is that by really looking at actually what does the research say and what are the facts on the ground, that that will help to begin to dismantle these narratives that have been built over time. So that's our hope at the Budget and Policy Center - is showing the success of the local pilots, showing what works, and really building some different narratives out there that actually are more rooted in reality. [00:17:42] Crystal Fincher: So another thing that you've talked about that is really important is the impact of Legal Financial Obligations on poverty and people's ability to get out of poverty. What are Legal Financial Obligations and what can the Legislature do about it? [00:17:57] Misha Werschkul: This is such an important area that hasn't been actually talked about as much when it comes to the upcoming legislative session, so I'm really glad you're asking about it, Crystal. So Legal Financial Obligations are essentially fines and fees that are put on folks based on their interactions with the criminal legal system. And it is one of the primary ways that we actually currently fund our court system. It is probably obvious, as I'm saying this, how inequitable this system is and how ineffective it is, but I'll just elaborate just a little bit. So basically what happens is that folks who are interacting with the criminal legal system - through those interactions - are building up debt over time that oftentimes folks don't have the ability to pay, so that - and there's an expectation that folks will pay those debts in the future. Most of the time, as I said, folks don't have the ability to pay - the money can't be collected. And so really what you have is a situation where folks are shouldering this debt that carries with them after their interaction with the criminal legal system. And the courts don't get the resources that they need to actually fund their operations. So it's a super ineffective way to fund operations - based on trying to collect money from people who, for the most part, really don't have any money to pay those fines and fees. Our goal at the Budget and Policy Center, and in coalition with a lot of other organizations, is to really end the practice of Legal Financial Obligations. There are infinite number of better ways to fund our court systems than through the collection of fines and fees. So the goal - the big goal - is to actually end the practice of Legal Financial Obligations as a whole. Not surprisingly, that's not something that's likely to happen in one legislative session. We do have legislative champions who are working towards incremental changes to Legal Financial Obligations, a greater recognition of ability to pay in terms of how fees are assessed and collected - and there we hope to see some progress this legislative session. But in the work around trying to end poverty, people talk about not just the importance of giving people money to be able to afford their basic needs, but actually stopping the practice of wealth taking, which is basically what Legal Financial Obligations are - is another way that any resources that people have are taken from them and that folks are in a system of indebtedness based on an interaction that is already deeply racialized with the criminal legal system. So Representative Tarra Simmons is really leading a lot of that work in the Legislature, groups like Civil Survival and Living with Conviction - want to lift up their work. And I also will just, as I'm answering this question, take this opportunity to say I am so appreciative to be able to be here and share this information with you, and I'm also doing that work on behalf of an amazing team of folks at the Budget and Policy Center - so Evan Walker is the person on our team who leads the work on Legal Financial Obligations, Emily Vyhnanek and Tracy Yeung lead the work on direct cash assistance, and other folks are leading other pieces of the work. So I just want to take the opportunity to celebrate their deeper work in each of these areas and how they engage with our coalition partners, even though I'm the one here sharing it with you. [00:21:49] Crystal Fincher: And I really appreciate that, and appreciate the work of your entire team - and the work over years that you've been doing - this is not work that you or the Budget and Policy Center is new to. It's really been just a long-term labor, and so really appreciate that. And also just appreciate the importance in you working on issues like Guaranteed Basic Income, Legal Financial Obligations - because we're so used to hearing sometimes in common discourse - things like, If you do the crime, then you do the time. If you don't want something, you should follow the law. Now you got to pay up. And viewing it as we need to hold people accountable and really focusing on a lot of the punitive and punishment aspects of these things, when really we're all losing as a result of those - trying to implement these punitive policies are creating worse outcomes for everyone in every way. When you look at the percentage of our budgets going towards supporting the court systems and jails, clearly fines are not cutting it. And also we say that we want a safe community. We say that we want people to be able to make a mistake, to do their time, fulfill their obligation, and then become a productive member of society - we commonly hear. But we do things that really impair their ability to do that and trap them in cycles of criminalization and poverty - and it just is counterproductive and we wind up paying for it as a community. How do you address people who focus on the punitive aspects - and really wanting to hold people accountable or punish people - and not realizing the other impacts that come from that? [00:23:40] Misha Werschkul: I think that's such a big question and I don't know if I have the full answer to it. I will say I was listening to the governor's State of the State address, and he said some things that I really agreed with and then some things that I didn't agree with as much. But one thing he said that I thought was interesting was - he talked about public safety, which we know is a term that means certain things to, and maybe different things, to different people. And he talked about how we actually need to unpack what public safety is and recognize that there's a lot of different aspects of that. And then he actually talked about the work around gun responsibility as an aspect of public safety. And it got me thinking about - just these terms and how they're code, in a lot of ways, for certain things - like public safety is code for policing. And how can we actually really talk about public safety for all of us? And what does it actually look like for all of us to be safe in our communities? And policing - heavy policing - is clearly not providing safety for all of us. In fact, I don't think it's really providing safety for any of us. And if we can think about - what is that aspiration around safety and what does that value for us in our lives and for our families and communities? How do we actually build that together? And a lot of times that does mean a lot of different things - it actually means people having the resources to be able to afford their basic needs so that they can put food on the table, it means that people have shelter - that people are not homeless. It means talking about gun responsibility. And I think a lot of times we fall into, again, these sort of narrative traps of - Oh, yeah, like crime - punish - yeah, if you do the crime, you have to do the time. And sort of believe in a way that that is going to make us safer. And actually I don't know that - it doesn't. And so I think just - I don't know, I think we just have to have those conversations in a real way - because, as a white person, a white woman, doing this work, I did believe for a long time that having a police presence was a way that my safety was - was about my safety. But actually, as I unpack that - it's not true, even for me as the model person that the police are here, supposed to protect. And I think we have to just actually talk about that a little bit more and actually have a higher aspiration for safety for all of us, because sometimes it's like walking around certain parts of maybe cities with a heavy police presence might make someone feel - it might make someone feel a little bit safe in the immediate term, but I actually hope for something a lot more. I hope that we can get to a place where - I don't know - safety, just - it's not actually true safety. And so I'm just trying to get at - what is that higher aspiration of safety that we could be striving towards and building towards, and not feeling like our only definition of safety is having armed police officers walking around - to what - shoot someone if something happens? That actually doesn't make me feel super safe - to think about people wielding guns on the streets shooting people to protect me. And so I think that's just something we need to be talking about and grappling with. But I do think - I really appreciated Governor Inslee starting to peel open that conversation a little bit. Now, he then did go on - I want to acknowledge - to talk about the importance, I think he did go on to talk about the importance of investing in policing as well. So he still has that as part of his solution. But I think at least he was starting to unpack - what does public safety look like and maybe open up a different conversation. [00:28:34] Crystal Fincher: Yeah, I appreciate your thoughts on that. And unpacking what public safety looks like, unpacking what accountability looks like, and really trying to reduce harm all the way around. We don't want people to be victimized. We don't want people to be trapped in cycles that create and produce harm. What does accountability look like if it's not our court system and jails, which are not doing an effective job. What does public safety look like if it's not only police officers who, I think everyone agrees, can't do the job alone. If not, other models being more successful and effective. The final thing I want to talk about and cover today is what our tax code looks like. It is so foundational to everything in society. It is underneath, it impacts the revenue that we collect that enables every public service to be possible, which public services are possible, and to what degree. There's been lots of talk about how regressive our system has been, how much needs reform. Where do we stand on that? What needs to happen? And what's possible this legislative session? [00:29:56] Misha Werschkul: My favorite topic, Crystal - at the Budget and Policy Center, we love talking about taxes. And the reason is because it is super important how we collect revenue as a state and local government. And there are a lot of policy choices embedded in - a lot of values embedded in how we collect revenue. So I think probably most of your listeners know that Washington State has the most inequitable tax code in the country, meaning those with the lowest incomes pay the highest percentage of their income in state and local taxes. And in fact, we're way out of sync with most other states on this. So low income people in Washington State are paying basically double someone with a similar income in Oregon, simply because of the structure of our tax code. This is obviously a pretty bad deal for most Washingtonians. It's a super good deal for the wealthiest Washingtonians who are paying a minute share of their income in state and local taxes. And this is a big problem. This is not something that there's a quick and easy fix for, but there is some really exciting stuff happening. So in 2021, the Legislature took two big actions to start to make progress to reform our state tax code. One is they passed a capital gains tax to fund early learning investments in education. The other is they passed a Working Families Tax Credit set up to benefit 420,000 households in Washington State with direct cash sales tax refunds. Both of these policies are happening. So the Working Families Tax Credit launches February 1st. I'm so nerdy excited about this - it's not even funny. But starting very soon, people - 420,000 households - will be able to apply to be able to get a refund check of up to $1,200 in our state. We have been talking about this for so long, it feels like - and the day is finally almost here where this is happening. It is a step in the right direction of balancing our tax code in and of itself. It's not enough. It needs to be expanded. We'll be working this legislative session to try to expand eligibility to younger adults, so folks who are 18-24 and actually older adults as well - 65+ - who aren't currently eligible for the Working Families Tax Credit - to basically bring them in and allow them to be eligible. There's a great website called wataxcredit.org, I think - I hope it's org now - that has a ton of information about this. And I want to just share that out so folks know to spread the word because folks do need to actually proactively apply. One way to think about it is - really anybody who's eligible for the Earned Income Tax Credit is going to be eligible for the Washington Working Families Tax Credit too. Plus anyone who files their taxes with an ITIN number who is being excluded right now from the EITC will be eligible for the Working Families Tax Credit. So I'm super excited. It's happening soon. There's going to be action in the Legislature on this, but more importantly, the policy is happening. Folks can get the money if they take the step to apply with Department of Revenue. Capital gains tax is being challenged, not surprisingly, by wealthy individuals who would pay the tax. They're trying to get the court to basically intervene and rule that the tax is unconstitutional. The State Supreme Court is hearing that case on January 26th and this is a wonky legal issue that needs to get sorted out before the tax can be fully implemented. And I could go on and on about the legal part of it, but I will stop because you actually asked about also what's happening this legislative session. And I will just pitch the efforts that some of our partners, especially Economic Opportunity Institute and Balance Our Tax Code, are leading with regards to a wealth tax and really thinking about big solutions that make a real difference in making our tax code more equitable. We have to get to the root of it, which is wealth. And so it's exciting to see this proposal coming forward this session that Representative Noel Frame has been a huge leader in. [00:35:01] Crystal Fincher: Absolutely and appreciate that. We will include the wataxcredit.org link in our episode notes to make it convenient for people to visit. And also thanks for mentioning your partners - we did have a conversation with Summer Stinson of the Economic Opportunity Institute, and she did talk a lot about that court case and how important it is to have a capital gains tax, what it really means, how few people it actually impacts - it is the wealthiest portion of the wealthy - and we'll see how this court case turns out. I really do appreciate you joining us today. If people want to learn more about the organization, where can they visit? [00:35:51] Misha Werschkul: Our website is www.budgetandpolicy.org so you can check us out on the website. We're also on social media - I'll share those links with you for the show notes hopefully. And I also will share - April Dickinson on our team has led the effort just to launch a new podcast called WA Possible that we hope is a great complement to Hacks & Wonks and a bit of a deeper dive into some of what could be possible when it comes to economic justice in Washington state. There's a great episode there talking about the Black Women Best framework that some national partners launched and some of the policies we talked about today, so just would share that as well. [00:36:37] Crystal Fincher: Thank you so much, and April Dickinson is awesome. Thank you for all the work. Thank you for joining us today and we'll talk to you all next time. [00:36:44] Misha Werschkul: Thank you so much Crystal - appreciate you. [00:36:46] Crystal Fincher: Thank you for listening to Hacks & Wonks, which is co-produced by Shannon Cheng and Bryce Cannatelli. You can follow Hacks & Wonks on Twitter @HacksWonks. You can catch Hacks & Wonks on iTunes, Spotify, or wherever you get your podcasts - just type "Hacks and Wonks" into the search bar. Be sure to subscribe to the podcast to get the full versions of our Friday almost-live shows and our midweek show delivered to your podcast feed. If you like us, leave a review wherever you listen. You can also get a full transcript of this episode and links to the resources referenced in the show at officialhacksandwonks.com and in the episode notes. Thanks for tuning in - talk to you next time.
What if every baby could receive a college savings account, regardless of the financial situation they're born into? That's the mission behind baby bonds, a government policy championed by Senator Cory Booker that would provide children with a nest egg to start off adulthood. Andy speaks with economist Darrick Hamilton, who proposed the policy in 2010 as a mechanism to reduce the racial wealth gap in the United States, and St. Paul Mayor Melvin Carter, who created a program in his city. They explain how baby bonds could eliminate college debt, why we should invest in kids we don't personally know, and the money and public support it would take to expand local programs to the national level. Keep up with Andy on Twitter @ASlavitt. Follow Darrick Hamilton and Mayor Melvin Carter on Twitter @DarrickHamilton and @MayorCarter. Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium. Support the show by checking out our sponsors! Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: https://lemonadamedia.com/sponsors/ Check out these resources from today's episode: Read how Darrick helped bring the concept of baby bonds to the national conversation: https://www.bloomberg.com/news/features/2022-03-17/baby-bonds-eyed-as-way-to-close-u-s-racial-wealth-gap Learn more about Mayor Carter's baby bonds program, College Bound St. Paul: https://collegeboundstp.com/ Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/ Order Andy's book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165 Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia. For additional resources, information, and a transcript of the episode, visit lemonadamedia.com/show/inthebubble.See omnystudio.com/listener for privacy information.
The market for cryptocurrency crashed in May, losing billions of investor dollars. That's a special concern for African Americans, who are twice as likely as white people to invest in crypto. On today's episode of A Word, Jason Johnson is joined by economist Darrick Hamilton to discuss the unique appeal of cryptocurrency among Black Americans, and whether the potential rewards outweigh the risks. Guest: Darrick Hamilton, the founding director of the Institute for the Study of Race, Power and Political Economy at The New School. Podcast production by Jasmine Ellis and Eric Aaron You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month. Learn more about your ad choices. Visit megaphone.fm/adchoices
The market for cryptocurrency crashed in May, losing billions of investor dollars. That's a special concern for African Americans, who are twice as likely as white people to invest in crypto. On today's episode of A Word, Jason Johnson is joined by economist Darrick Hamilton to discuss the unique appeal of cryptocurrency among Black Americans, and whether the potential rewards outweigh the risks. Guest: Darrick Hamilton, the founding director of the Institute for the Study of Race, Power and Political Economy at The New School. Podcast production by Jasmine Ellis and Eric Aaron You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month. Learn more about your ad choices. Visit megaphone.fm/adchoices
The market for cryptocurrency crashed in May, losing billions of investor dollars. That's a special concern for African Americans, who are twice as likely as white people to invest in crypto. On today's episode of A Word, Jason Johnson is joined by economist Darrick Hamilton to discuss the unique appeal of cryptocurrency among Black Americans, and whether the potential rewards outweigh the risks. Guest: Darrick Hamilton, the founding director of the Institute for the Study of Race, Power and Political Economy at The New School. Podcast production by Jasmine Ellis and Eric Aaron You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month. Learn more about your ad choices. Visit megaphone.fm/adchoices
The market for cryptocurrency crashed in May, losing billions of investor dollars. That's a special concern for African Americans, who are twice as likely as white people to invest in crypto. On today's episode of A Word, Jason Johnson is joined by economist Darrick Hamilton to discuss the unique appeal of cryptocurrency among Black Americans, and whether the potential rewards outweigh the risks. Guest: Darrick Hamilton, the founding director of the Institute for the Study of Race, Power and Political Economy at The New School. Podcast production by Jasmine Ellis and Eric Aaron You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month. Learn more about your ad choices. Visit megaphone.fm/adchoices
What does it take for communities to thrive & be successful? What is philanthropy without public power? The Founding Director Of Economics and Urban Study at The New School, Prof. Darrick Hamilton & Senior Fellow, Henry Ramos are here to talk about it.Find out how community leaders and neighborhood businesses can take advantage of resources available for those working to improve New York City.CitizensNYC is now accepting applications for its grant programs.Learn more here: https://www.citizensnyc.org/grantmaking
Putin is doubling down on Ukraine's Donbas region, and the Pentagon says Moscow's shift in strategy may be working for them. Their apparent advances on the battlefield come after Putin's initial assault on the north two months ago was blunted by the Ukrainians in a show of force that surprised the world. Russian investigative journalist Andrei Soldatov has been taking a close look at Russia's failures so far, and the blame game that followed in the Kremlin, and he joins the show from London. Also on today's show: author Joel Simon, professor Darrick Hamilton, Lincoln Project co-founder Rick Wilson. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Cenk Uygur hosts. Professors Matt Sienkiewicz and Nick Marx join to discuss right-wing comedy, and its influence on conservatives. Dr. Darrick Hamilton joins to discuss TYT's new lecture series: ""Visions of a Post-Neoliberal Future"".MORE TYT: https://tyt.com/trial***The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://tyt.com/liveSubscribe to The Young Turks on YouTube: http://youtube.com/subscription_center?add_user=theyoungturksTYT on Facebook: http://facebook.com/theyoungturksTYT on Twitter: http://twitter.com/theyoungturksTYT on Instagram: http://instagram.com/theyoungturksMerch: http://www.shoptyt.comDonate to TYThttps://patreon.com/tytnetworkhttp://tyt.com/donateDownload audio and video of the full two-hour show on-demand + the members-only postgame show by becoming a member at http://tyt.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth.Gift membership: http://tyt.com/giftProducer, Senior Producer and Executive Producer membership: http://go.tyt.com/producerYoung Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary)#TYT #TheYoungTurks #TheConversation See acast.com/privacy for privacy and opt-out information.
Alicia Garza welcomes noted scholar and economist, Dr. Darrick Hamilton. Dr. Hamilton breaks down the dynamics of being black in our political economy, and describes what a future with inclusive economic rights might look like. Plus, the weekly roundup and another installment of #LadysLoveNotes.Dr. Darrick Hamilton on Twitter, Instagram & FacebookLady Don't Take No on Twitter, Instagram & FacebookAlicia Garza on Twitter, Instagram, Facebook & YouTubeThis pod is supported by the Black Futures LabProduction by Phil SurkisTheme music: "Lady Don't Tek No" by LatyrxAlicia Garza founded the Black Futures Lab to make Black communities powerful in politics. She is the co-creator of #BlackLivesMatter and the Black Lives Matter Global Network, an international organizing project to end state violence and oppression against Black people. Garza serves as the Strategy & Partnerships Director for the National Domestic Workers Alliance. She is the co-founder of Supermajority, a new home for women's activism. Alicia was recently named to TIME's Annual TIME100 List of the 100 Most Influential People in the World, alongside her BLM co-founders Opal Tometi and Patrisse Cullors. She is the author of the critically acclaimed book, The Purpose of Power: How We Come Together When We Fall Apart (Penguin Random House), and she warns you -- hashtags don't start movements. People do.
Governments across the U.S. are trying Darrick Hamilton's big idea for closing the wealth gap. By Ben Steverman Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
A record number of Americans quit their jobs this year. Today for our special series “Quitters,” economist Darrick Hamilton examines why that is — and why he thinks it might be a good thing.Read more:Many Americans have reconsidered their relationship with work this year.There's lots of reasons for that — an ongoing pandemic, stagnant wages and a severe labor shortage all made work harder.But Darrick Hamilton, a professor of economics and urban policy at the New School, says that workers also had more flexibility than ever before, thanks to government stimulus and expanded unemployment. And he wants us to reframe this not as a “Great Resignation” but as a moment of worker empowerment.Today on Post Reports, we're bringing you the third installment in “Quitters,” a three-part podcast series about a few of the millions of Americans who quit their jobs this year. Listen to part one and part two here.
Sen. Nina Turner hosts. Dr. Darrick Hamilton, Henry Cohen Professor of Economics and Urban Policy, and Founding Director of the Institute on Race, Power and Political Economy at The New School, joins to discuss economic justice and stratification economics. See acast.com/privacy for privacy and opt-out information.
Key Insights:Nearly all successful political movements over the past 150 years have been strongly nationalisticA successful cosmopolitanism must therefore be a nationalistic cosmopolitanism—one that says your country is great because it learns from and has important things to teach other nations.We—somewhat surprisingly—find ourselves endorsing and agreeing with Matthew Desmond’s claim that an important root of some facets of American capitalism is found on the plantation.We endorse Sandy Darity and Darrick Hamilton’s calls for reparations,We enthusiastically and positively give a shout-out to the highly patriotic Nikole Hannah Jones and her contention that the 1619 founding makes African-Americans the most quintessential representatives of the good side of American nationalismYou cannot be a real patriot if you do not care about dealing with your country’s flaws—Carl Shurz: “My country, right or wrong; if right, to be kept right; and if wrong, to be set right!”Wokeness is 21st century Puritan Protestantism—to build a City Upon a Hill and become a Light Unto the Nations, with a key part of that building composed of our confession that we are the unworthy who must place our hearts on the altar of and tremble before the Almighty .It is important to mean it: to repent, to take responsibility, to not just say that America owes reparations, but to work to make America pay what it owes.This podcast appears to be our version of: Three strongly patriotic white guys stand up for ‘Murka!Hexapodia!References:Ed Baptist: The Half Has Never Been Told: Slavery & the Making of American Capitalism Trevor Burnard: Edward Baptist, Slavery and Capitalism Matthew Desmond: In Order to Understand the Brutality of American Capitalism, You Have to Start on the Plantation John J. Clegg: Capitalism and Slavery Nikole Hannah Jones: Our Democracy’s Founding Ideals Were False When They Were Written. Black Americans Have Fought to Make Them True P.R. Lockhart & Ed Baptist: How Slavery Became America’s First Big Business Alan L. Olmstead & Paul W. Rhode: Cotton, Slavery, & the New History of Capitalism Ernst Renan: What Is a Nation? +, of course:Vernor Vinge: A Fire Upon the Deep Get full access to Brad DeLong's Grasping Reality at braddelong.substack.com/subscribe
In today's discussion, Tonie & Ke dive in on those who throw Shade Hate. Colorism refers to discrimination based on skin color. Colorism disadvantages dark-skinned people while those with lighter skin are viewed as more privileged. This impacts us and it's time we gather together to combat and unpack this. Resources Love & Hip Hop Black women own the conversation- Jeannette Bayardelle On Colorism and Legacy | In This Room https://en.wikipedia.org/wiki/Darrick_Hamilton#p-search IGs we recommendto follow @UsDarkskins @UnfairandLovely @BLKGirls Make sure you like, share, and subscribe. Find us on Spotify: https://open.spotify.com/show/4UnSSwUkTVTHEAJA18i37X?si=AoMp0v-USmuXn_hYCv-qKw&dl_branch=1 Find us on Apple podcast: https://podcasts.apple.com/us/podcast/hustle-vibe-flow-podcast/id1571542153 https://lnk.bio/hustlevibeflowpodcast
This week, The Amateur Economists talk about black economic history. They talk about four figures in black economics history. Who are Margaret Simms, Maggie L. Walker, Marcus Alexis, & Darrick Hamilton. Join them this week to find out more. BLACK HISTORY EVERYDAY! #eattherich #hacktheplanet
A remarkable conversation with a great thinker and giant of journalism who has covered the great stories of our time. We ask what can be learnt from MLK about the fight against inequality? What holds back change and what is the role of journalism? How can America heal under Biden? We talk about the place of idealism in politics and how we can bring together struggles – and win. Nadia and Nabil speak to the brilliant award-winning journalist, prolific author and now professor of sociology Gary Younge, for a special episode of the EQUALS podcast timed with the Davos Meeting of the World Economic Forum. Gary was formerly editor-at-large for The Guardian, the author of five books including “Another Day in the Death of America”, and as a journalist covered major historical moments around the world. Don’t miss this one. If you’re on Apple Podcasts, please do leave a review! Please share with your friends and family. And check out our amazing new blogsite: www.equalshope.org This is the latest episode of the EQUALS podcast this season – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, climate activist Hindou Ibrahim on nature, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic. See acast.com/privacy for privacy and opt-out information.
A vaccine. Pfizer, AstraZeneca, Moderna. You know the names by now. A vaccine is the light at the end of this painful pandemic. It’s been amazing to see some people in some countries starting to get a vaccine. But just 1 in 10 people in poor countries stand to get one this year. On this EQUALS podcast special we speak to brilliant vaccines experts to answer: when will most of the world get a vaccine? What needs to be done? We speak to vaccine and health experts – Dr. Mohga Kamal Yanni, Anna Marriott and Niko Lusiani – who break down what is going on and show what must be done to deliver a truly People’s Vaccine. This is episode six of the EQUALS podcast this season – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic. Do listen, subscribe, and share with your friends and family. And follow us on @EQUALSHope on Twitter. See acast.com/privacy for privacy and opt-out information.
2020 ends. 2021 begins. How can we make sure this will be a defining year in the fight against climate breakdown? What has COVID taught us? And is it possible to be optimistic?We talk to Christiana Figueres – the global climate leader who led the 2015 Paris accord talks and author of “The Future We Choose” – about all of this. And we also get reflections from Oxfam’s Nafkote Dabi about what success really looks like in the wake of the rise of climate movements across the globe. All in under thirty minutes. An illuminating episode to finish 2020 – with hope and inspiration for what we must do in 2021.This is episode 5 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @EQUALSHope on Twitter. See acast.com/privacy for privacy and opt-out information.
2020 ends. 2021 begins. How can we make sure this will be a defining year in the fight against climate breakdown? What has COVID taught us? And is it possible to be optimistic?We talk to Christiana Figueres – the global climate leader who led the 2015 Paris accord talks and author of “The Future We Choose” – about all of this. And we also get reflections from Oxfam’s Nafkote Dabi about what success really looks like in the wake of the rise of climate movements across the globe. All in under thirty minutes. An illuminating episode to finish 2020 – with hope and inspiration for what we must do in 2021.This is episode 5 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @EQUALSHope on Twitter.
COVID-19 has pushed over a billion kids out of school. What must we do right now to ensure this isn’t a “lost generation”? How does inequality affect access to education? And why do private schools present such a challenge to quality education in developing countries? To show us what needs to be done, we’re joined in this episode by the inimitable Dr. Prachi Srivastava – Associate Professor at the University of Western Ontario, whose fascinating research digs deep on inequality, and the global education crisis caused by COVID-19. We’re also thrilled to have with us Linda Oduor-Noah, a brilliant education activist based in Kenya, fighting the privatization of education and advancing the right to education for all. This is episode 4 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @EQUALSHope on Twitter. See acast.com/privacy for privacy and opt-out information.
COVID-19 has pushed over a billion kids out of school. What must we do right now to ensure this isn’t a “lost generation”? How does inequality affect access to education? And why do private schools present such a challenge to quality education in developing countries? To show us what needs to be done, we’re joined in this episode by the inimitable Dr. Prachi Srivastava – Associate Professor at the University of Western Ontario, whose fascinating research digs deep on inequality, and the global education crisis caused by COVID-19. We’re also thrilled to have with us Linda Oduor-Noah, a brilliant education activist based in Kenya, fighting the privatization of education and advancing the right to education for all. This is episode 4 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @EQUALSHope on Twitter.
Just what does the election of US President-elect Joe Biden mean for the fight against inequality, in the US and around the world? How might billionaires be feeling? What’s it going to take to put the right policies into place? What can we learn from FDR? And just how can Modern Monetary Theory – “MMT” – help? We talk to the influential economist Professor Stephanie Kelton. She was formerly chief economist on the U.S. Senate Budget Committee and senior economic adviser to Bernie Sanders, and has been recognized by Prospect as one of the world’s top 50 thinkers this year. An illuminating and inspiring episode – do tune in!This is episode 3 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with best-selling author Anand Giridharadas on whether we need billionaires, to thinker Ece Temelkuran on beating fascism, Darrick Hamilton on racism in the economy, and the Managing Director of the International Monetary Fund on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @equalshope on Twitter.
Professor Darrick Hamilton is one of the country's leading economists examining racial disparities. He joins Pete to discuss his impactful work in the emerging field of stratification economics, his ideas on how to close our wealth gap, how to make our economy more equitable, and what his proposal for "baby bonds" can do for our future of society. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
How can we reimagine our relationship with nature? Why do we need to bring down the emissions of the rich more than all? How can we bridge climate science with indigenous knowledge? A profound interview with leading climate figure Hindou Ibrahim, an indigenous leader and member of Mbororo people in Chad and President of the Association for Indigenous Women and Peoples of Chad (AFPAT). We’re also joined by Tim Gore, the climate guru behind Oxfam’s fascinating new research showing how bringing down the emissions of the richest is crucial to the fight against climate change. This is episode 2 of the EQUALS podcast Season 3 – and if you’re joining us for the first time, tune in to our earlier interviews – from talking with Anand Giridharadas on whether we need billionaires, to world-leading rebel economist Devaki Jain on the care economy, to Darrick Hamilton on race and inequality, and the Managing Director of the International Monetary Fund (IMF) on what comes after the pandemic.Do listen, subscribe, and share with your friends and family. And follow us on @equalshope on Twitter.
A truly illuminating conversation with one of the world’s most powerful people, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). What does communism have to do with fighting today’s pandemic? How worried should we be about a spike in inequality after the crisis? And has the IMF learnt from its mistakes of the past? From decarbonizing economies to overcoming debt crises, this is one episode you don’t want to miss! This is the Season 3 opener of the EQUALS podcast – and if you’re joining us for the first time, tune in to our earlier seasons – from talking with Anand Giridharadas on whether we need billionaires, to world-leading feminist giant Devaki Jain, to Darrick Hamilton on fighting racism in the economy.Do listen, subscribe and share it with your friends and family. And follow us on @EQUALShope on Twitter.
This week, the podcast revisits a topic I wrote about for The New York Times last month - race and retirement. I’ve written before about how the inequities people of color experience during their working lives spill over into retirement. But during this time of racial reckoning, I wanted to take a deeper dive into the topic.For the Times story, I took special care to seek out the voices of Black Americans who also are expert on this topic. That’s how I found my way to economist Darrick Hamilton. Professor Hamilton is one of the nation’s leading voices on the causes and consequences of racial and ethnic economic disparities. He recently left Ohio State University to rejoin The New School in New York City, where he is teaching and starting up a new Institute for the Study of Race, Stratification and Political Economy.Darrick is a leading proponent of one of the most creative ideas for addressing the racial wealth gap - “baby bonds.” The idea is to provide every American child with a government-funded trust account at birth, starting with a $1,000 contribution. Kids born into lower-wealth families would receive more contributions over time, and the accounts would benefit from compound interest growth. The premise is that much of the wealth in the U.S. is transferred from generation to generation, and there’s a powerful compound effect that starts with our legacy of racist laws and policies and ends with today’s white households able to access far more capital for wealth-building activities - attending college, buying a home or starting a business. Baby bonds could serve as a proactive remedy for that injustice, and in many cases could impact the wealth available at retirement for people of color. In the Times story, I outline the basic numbers on race and retirement. They may not be surprising, but they certainly are appalling. In 2016, the typical Black household approaching retirement had 46 percent of the retirement wealth of the typical white household. For a Latino family, it was 49 percent. Two-thirds of single black retirees have incomes too low to meet basic living expenses. And that was before the pandemic. Since COVID19 struck, unemployment rates for older Black and Latino workers have been much higher than for their white counterparts. And mounting evidence suggestions that millions are being forced into premature retirement. That’s going to translate into sharp cuts in Social Security income and savings, and expensive disruptions in health insurance.The baby bonds concept has caught on in the Democratic party - Senator Cory Booker advocated for it during his presidential campaign and he has sponsored baby bond legislation in the Senate. The idea also has found its way into the Biden presidential campaign.Listen to my conversation with Darrick Hamilton by clicking on the player icon at the top of the newsletter. The podcast also can be found on Apple Podcasts, Spotify and Stitcher.Not a subscriber yet? Take advantage of a special offerSign up now for the free or subscriber edition of the newsletter, and I’ll email a copy of my latest retirement guide to you. This one looks at dealing with the Social Security Administration during the COVID19 crisis. Customer service at the Social Security Administration has changed during the coronavirus crisis - the agency closed its network of more than 1,200 field offices to the public in March. Just a reminder- subscribers, have access to the entire series of guides at any time. Click on the little green button to subscribe, or go here to learn more.Will FICA revenue deferral open the door to privatization of Social Security? Here’s how it could play outI've been writing over the summer about the threat posed to Social Security by President Trump’s threat to continue deferring FICA tax collections should he win reelection. This has been a chaotic episode, with shifting indications from the White House on how a FICA revenue gap might be plugged. And most employers seem to be ignoring the deferral altogether as not worth the bother, and are continuing to collect FICA. Even the U.S. Chamber of Commerce - a staunch Trump ally - has expressed disapproval. Trump signed a presidential memorandum in August ordering the deferral through year-end of FICA revenue, and he also said that he would push for termination altogether of the tax if he wins a second term. It’s not at all clear that he could push this through Congress, but some experts think that the IRS code might permit him to defer FICA collections for an additional year.If we do stop funding Social Security through FICA, just about anything can happen. The concept of an earned benefit can go out the window pretty quick, and people will start thinking of Social Security as welfare. In the political back and forth over FICA, the Trump administration has stated that any deferred FICA revenue would be replaced by general revenue funds. But that suggests a transfer of more than $1 trillion annually - a tall order for a Congress already grappling with the demands of economic support for a flagging economy. It also would mark a turning point in Social Security’s funding structure. The program has always been funded mainly by FICA (it also receives relatively small amounts of revenue from taxes on benefits and interest on trust fund bonds.). Self-funding has been one of the program’s political strengths, as it gives workers and beneficiaries a sense of ownership - as per this oft-quoted 1941 quip from President Franklin Roosevelt:“We put those payroll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no damn politician can ever scrap my social security program. Those taxes aren’t a matter of economics, they’re straight politics.”Some Republicans have not given up on the dream of converting Social Security into a system of personal saving accounts - an anchoring idea of the reforms proposed by President George W. Bush. The plan was a political and policy flop, but some on the right continue to push it, including the Heritage Foundation.If you doubt this, check out this recent op-ed on FICA by Andrew Biggs of the American Enterprise Institute (emphasis added at the conclusion of this passage):. . . President Trump made clear in an Aug. 12 news conference that his real goal is to replace the Social Security payroll tax with revenues drawn from the general tax fund, the vast majority of which is income taxes. This idea faces both practical and philosophical hurdles, but could help the political parties finally come together to fix Social Security. The first problem with funding Social Security via income taxes is obvious: the federal budget is already in deficit, which means there isn’t room to fund Social Security with general revenues without significantly cutting other programs or raising income taxes. And that tax increase wouldn’t be tiny. In 2019, the federal government collected about $1.7 trillion in individual income taxes, versus nearly $1 trillion in Social Security payroll taxes. Even if the President’s plan would replace only the employees’ 6.2% payroll tax, that would mean about an additional $500 billion in general tax revenues needed. Moreover, funding Social Security with income taxes is also contrary to the program’s history, in which benefit were funded with a flatrate tax that applied to all earnings up to a maximum, which is currently $137,700 per year. The payroll tax contributed to the view that Social Security is an “earned benefit” rather than a welfare plan.But most Democrats have already given up on the idea of truly earned benefits, since their Social Security proposals focus on lifting the payroll tax cap and making the rich carry more of the load.Income-tax financing would simply take that idea in a more progressive direction. While about 15% of earnings accrue to employees with salaries above the $137,700 payroll tax ceiling, almost half of total income taxes are paid by households with incomes above that level. More than one-third of income taxes are paid by the top 1% alone.But what is in it for Republicans? The answer is that an income-tax-financed safety retirement net need not be nearly as expensive as the current Social Security program. For instance, Australia’s Age Pension costs around one-fifth of what Social Security does, because it merely supplements households’ own savings to ensure a minimum standard of living in retirement. Canada and New Zealand also use income tax-financed programs to provide a strong base of retirement income.For this idea to work, though, the U.S. would need to follow Australia’s lead by signing up every worker for a retirement savings account with automatic contributions. Those contributions could be funded using the payroll taxes that no longer would be needed to fund Social Security. Biggs was a deputy commissioner of Social Security during the Bush administration and he was involved in the aforementioned failed effort to convert Social Security into a system of private savings accounts. He hasn’t talked much about privatization in recent years - until now, that is:Once transitioned into place — which admittedly would take years — the result would be higher private savings, particularly for lower-income households, which reduces wealth inequality and boosts the economy. And while income taxes would be higher, total government spending on Social Security would be lower.To be clear, this is my plan, not President Trump’s. But for income tax-funding of Social Security to work, for it to overcome 30 years of Congressional inaction on Social Security, it needs to think creatively and offer something to both sides. Because the traditional menu of reforms — payroll tax rate increases, higher retirement ages, lower cost-of-living adjustments and so forth — haven’t motivated Congress to action. Joe Biden has been hammering Trump on the FICA issue in television ads running in swing states. We are living in a very weird world, indeed, when the chief actuary of Social Security is quoted in a political ad. This is a public episode. Get access to private episodes at retirementrevised.substack.com/subscribe
This week, Darrick Hamilton, the Henry Cohen Professor of Economics and Urban Policy at The New School, and Naomi Zewde, an assistant professor in the Graduate School of Public Health and Health Policy at City University of New York, joined to talk about New Jersey Governor Phil Murphy’s baby bonds plan and how it could start to close the racial wealth gap. Viral Acharya, former Deputy Governor of the Reserve Bank of India and NYU economics professor, came on to offer a global economic outlook ahead of jobs day and give his grade for global central bankers. Then Matt Kalish, Draftkings's Co-Founder and President for North America, joined to talk about the company’s new deal with NBA legend Michael Jordan and the Chicago Cubs.
Bakari is joined by Darrick Hamilton, the executive director of the Kirwan Institute for the Study of Race and Ethnicity at Ohio State University, to talk about what the racial wealth gap is (6:22), some of the myths about how we can solve it (10:48), and what Joe Biden should get done in his first 100 days if he were to be elected president (34:58). Host: Bakari Sellers Guest: Darrick Hamilton Learn more about your ad choices. Visit megaphone.fm/adchoices
Francine J. Lipman, a law professor at the University of Nevada, Las Vegas, talks with Darrick Hamilton, a stratification economist and the New School’s incoming Henry Cohen Professor of Economics and Urban Policy, about the intersection of U.S. tax policy and racial wealth inequality.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Faye McCrayShowrunner: Paige JonesAudio Engineers: Derek Squires, Jordan ParrishGuest Relations: Nicole White
D'Vera Cohn of Pew Research Center on census updates. Nathan Connolly of Johns Hopkins Univ on his Storytime Youtube series. Darrick Hamilton of The Ohio State Univ on baby bonds. Andy Green of Univ of Manchester on fish eggs spread by ducks. Tom Robson of Millikin Univ on Hamilton and live theater. Elizabeth Mumford of Univ of Chicago on toxic teen relationships.
At the birth of this nation, Thomas Paine called for government baby bonds — savings bonds for every child born. The idea has been given a fresh coat of paint and is being proposed as a low cost government program to tackle the vast inequality in today’s America. Darrick Hamilton, Wendy Jones, Oren Cass and Sen. Cory Booker join Meghna Chakrabarti.
U.S. Rep. Joyce Beatty (D-OH-3), who represents the congressional district that includes Ohio State's Columbus campus, joined Darrick Hamilton, executive director of Ohio State's Kirwan Institute for the Study of Race and Ethnicity, in a webinar Tuesday to discuss translating recent protests into lasting policy. She said protesting is especially useful now as legislators struggle to make a bipartisan decision on police reform.
Darrick Hamilton, Heidi Shierholz, and Jess Bartholow join a special episode of Off-Kilter on poverty and inequality in the age of coronavirus, as part of the National Academy of Social Insurance's 2020 Robert Ball Award event. Show notes: https://medium.com/@OffKilterShow/nasi-ball-award-feat-darrick-hamilton-heidi-shierholz-jess-bartholow-8dc454afe137
Racism. Today's protests. Rebellions. The economy. Inequality. Structural change. Hope. We speak to the brilliant Professor Darrick Hamilton about all of this. He’s an “intellectual giant” behind thinking on the racial wealth gap and inequality, who's bold policy ideas have been championed by a number of US political figures.We speak to Professor Hamilton about what is happening in the United States right now, and the way in which coronavirus has disproportionately impacted black communities. This podcast episode is above all about solidarity with black communities in the United States, in the face of structural racism and violence. We discuss:Is there something racist in the design of our current economic model?How do race and class interact?How was the progress of the new deal and the civil rights movement impeded?How do we ensure our economy truly delivers racial and economic justice?Is there any hope?A fascinating, moving and truly unforgettable conversation that we're honored to have with Darrick Hamilton, who is professor of public policy, economics, sociology, and African American studies at Ohio State University and the executive director of the Kirwan Institute for the Study of Race and Ethnicity. This is the latest part of the EQUALS #InequalityVirus mini-series. Do listen, subscribe and share it with your friends and family. And follow us on @equalshope on Twitter.
Darrick Hamilton is professor of public policy, economics, sociology, and African American studies at Ohio State University and the executive director of the Kirwan Institute for the Study of Race and Ethnicity at OSU. He was a supporter and advisor for Bernie Sanders' 2020 presidential campaign and has been selected to join the Biden-Sanders Unity Task Force on economic issues. He joins Michael to discuss what he hopes to accomplish on the task force, how American society should change post-pandemic, why the coronavirus has been more deadly in the African-American community and why Ohioans insist on calling it *THE* Ohio State University. Also, Michael shares some updates about the podcast, Trump tweeting at him and the censorship campaign against Planet of the Humans. ************ From "Capitalism: A Love Story" (2009) the found footage of FDR's Second Bill of Rights: https://vimeo.com/32647556 ************ Two recent pieces by Darrick Hamilton: There Is Only One Way Out of the COVID-19 Economic Crisis It’s time for a new New Deal Slate By Daniel Carpenter and Darrick Hamilton https://slate.com/news-and-politics/2020/05/covid-19-recession-new-deal-plan.html Will We Face Depression-Era Job Losses? Let’s Not Find Out Congress should enact a federal jobs guarantee. New York Times By Angela Glover Blackwell and Darrick Hamilton https://www.nytimes.com/2020/05/09/opinion/federal-jobs-guarantee-coronavirus.html *********** The photo of Michael and his father from Memorial Day, 1960 at the gravesite of his brother Lawrence who was killed as a paratrooper in the Philippines in WWII. https://www.instagram.com/p/CApKqvKH12j/? ******** --- Send in a voice message: https://anchor.fm/rumble-with-michael-moore/message
A federal job guarantee is an old idea making its way back this election cycle. It's controversial and considered radical—but what makes more sense than making sure that everyone who needs a job can get one? A job guarantee would bring financial stability to millions of families. And it would put people to work doing things the nation needs, such as building affordable housing and caring for children. In this episode, Angela Glover Blackwell explores the tantalizing possibilities—and the feasibility—of a federal job guarantee with one of its leading advocates, Darrick Hamilton, Executive Director of the Kirwan Institute for the Study of Race and Ethnicity at the Ohio State University.
In today's episode Bev discusses colorism in the Black community. This is a topic we generally don’t speak about but we’re exploring this issue and how to heal from it. Articles to read: ◦ Dr. Darrick Hamilton’s research https://www.researchgate.net/publication/222543696_Shedding_light_on_marriage_The_influence_of_skin_shade_on_marriage_for_Black_females ◦ Article on Colorism https://theundefeated.com/features/colorism-is-kanyes-multiracial-women-only-code-for-only-light-skinned-black-women/ ◦ NAACP Fact Sheet https://www.naacp.org/criminal-justice-fact-sheet/ If you have any questions or testimonies you would love to share, send an email to theofficialmilfs@gmail.com Be sure to follow on social media: Twitter: @milfspodcast Instagram: @milfspodcast --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Today's so-called "full-employment economy" still fails millions. We examine the campaign for a federal jobs guarantee and why now is the time to fight for transformative changes in the job market. We talk to Policy Link's Sarah Treuhaft about the "Job Guarantee Now!" campaign PolickLink is helping to lead and Darrick Hamilton of the Kirwan Center for the Study of Race and Ethnicity about the systemic transformation of the workforce that would be possible. The Next System Podcast is presented by The Next System Project at The Democracy Collaborative. The Next System Podcast is available on iTunes, Soundcloud, Google Play, Stitcher Radio, Tune-In, and Spotify. You can also subscribe independently to our RSS feed here. This podcast is hosted by Isaiah J. Poole and produced by Luís García de la Cadena. The music, "A New Start (Radio Edit)," is by Zoë Blade. Full transcripts of all our episodes are available at www.thenextsystem.org/podcast.
A federal job guarantee is an old idea making its way back this election cycle. It’s controversial and considered radical—but what makes more sense than making sure that everyone who needs a job can get one? A job guarantee would bring financial stability to millions of families. And it would put people to work doing things the nation needs, such as building affordable housing and caring for children. In this episode, Angela Glover Blackwell explores the tantalizing possibilities—and the feasibility—of a federal job guarantee with one of its leading advocates, Darrick Hamilton, Executive Director of the Kirwan Institute for the Study of Race and Ethnicity at the Ohio State University.
As we reimagine the rules of our political and economic institutions, it is essential that racial justice be centered in the conversation. Darrick Hamilton explains how neoliberalism exploits existing structures of racism and power in America, and shares his optimism for a course-correction that will promote broadly shared prosperity. Darrick Hamilton is the Executive Director of the Kirwan Institute for the Study of Race and Ethnicity at The Ohio State University, and a fellow at the Roosevelt Institute. As a stratification economist, his research focuses on the causes, consequences, and remedies of racial and ethnic inequality in economic and health outcomes, which includes an examination of the intersections of identity, racism, colorism, and socioeconomic outcomes. Twitter: @DarrickHamilton Further reading: New Rules for the 21st Century: Corporate Power, Public Power, and the Future of the American Economy: https://rooseveltinstitute.org/wp-content/uploads/2019/04/Roosevelt-Institute_2021-Report_Digital-copy.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Darrick Hamilton, the Executive Director of the Kirwan Institute for the Study of Race and Ethnicity at The Ohio State University, joins Michael Dawson to discuss neoliberal economics, inequality, an economic bill of rights, and reparations. Links: The Kirwan Institute for the Study of Race and Ethnicity Readings: Dawson, Michael and Megan Francis, “Black Politics and the Neoliberal Racial Order” Economic Policy Institute, “The Productivity-Pay Gap” Hamilton, Darrick in Democracy Journal, “Neoliberalism and Race” Johnson, Walter, River of Dark Dreams: Slavery and Empire in the Cotton Kingdom Katznelson, Ira, When Affirmation Action Was White: An Untold History of Racial Inequality in Twentieth-Century America
Halloween may be more than two months away, but something in the air already has the markets spooked. Worries about the end of the bull market and a looming recession has economists and politicos worried about the impact of a sluggish economy. While Daniella is off this week, Ed sits down with CAP Senior Economist Gbenga Ajilore to diagnose the warning signs that could lead to the end of a more than decadelong economic boon. Key among the contributing factors are President Donald Trump’s trade war with China—which has shuttered markets for farmers across the country—and the 2017 tax cut, whose benefits went largely to corporations and earners in top income brackets. An economy, of course, should work for everyone, which is why we also revisited a conversation with Darrick Hamilton from earlier this year about creating an inclusive economy.
We explore ways to decrease wealth inequality in the US with economist Darrick Hamilton who proposes giving every newborn thousands of dollars in a ‘baby bond’ account which they can access when they turn 18.
Hearing President Trump tell it, you’d be forgiven for thinking that the U.S. economy is in a boom like we’ve never before witnessed. But that is not the case, says professor Darrick Hamilton, executive director of the Kirwan Institute for the Study of Race and Ethnicity at The Ohio State University. Professor Hamilton joined the pod this week to give us the real picture on the current state of the economy; the meaning behind the numbers; and why current economic measures are not truly indicative of the inequality that many Americans are feeling. Later, professor Hamilton discusses reparations and what they might actually look like in practice. Note: this episode contains explicit language
On The Gist, it’s a shoe! It’s a phone! It’s… both? In the interview, Darrick Hamilton’s ideas and research have the attention of more than one Democratic candidate for president. The Ohio State University professor—and head of the Kirwan Institute—studies income inequality and the policies that might help close it. He joins The Gist to talk baby bonds, inherited wealth, and the potential in a federal job guarantee. In the Spiel, special Robert Mueller’s statement at the DOJ contained nothing new, and yet still it still moved the needle on impeachment. Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Gist, it’s a shoe! It’s a phone! It’s… both? In the interview, Darrick Hamilton’s ideas and research have the attention of more than one Democratic candidate for president. The Ohio State University professor—and head of the Kirwan Institute—studies income inequality and the policies that might help close it. He joins The Gist to talk baby bonds, inherited wealth, and the potential in a federal job guarantee. In the Spiel, special Robert Mueller’s statement at the DOJ contained nothing new, and yet still it still moved the needle on impeachment. Learn more about your ad choices. Visit megaphone.fm/adchoices
The idea of reparations—real compensation made to the descendants of slaves or the victims of legalized discrimination—has gained traction since the publication, in 2014, of Ta-Nehisi Coates’s influential article “The Case for Reparations,” which appeared in The Atlantic. But even among proponents of the concept, the ideas about what reparations would mean vary wildly. Questions linger about the intended recipients. Should only descendants of people enslaved on American soil (rather than the Caribbean or elsewhere in the diaspora) be eligible? That is the contention of people using the hashtag ADOS, or American Descendants of Slavery, which has become controversial. How important is genealogical proof to making a claim, given that slavery often did not leave good records? What about Americans who may have had an enslaved ancestor, but have not personally identified as African-American? Alondra Nelson, a professor of sociology at Columbia University and president of the Social Science Research Council, talked with two prominent scholars who have addressed the issue: Darrick Hamilton, the executive director of the Kirwan Institute for the Study of Race and Ethnicity at Ohio State University, and William A. Darity, the Samuel DuBois Cook Professor of Public Policy at Duke University’s Sanford School of Public Policy. Then Nelson sat down with The New Yorker’s Joshua Rothman to explain the challenges faced.
The reality and repercussions of racial oppression are mostly absent from political discourse in the US. Steve and his guest Darrick Hamilton address it head-on in this thoughtful and detailed 2018 discussion of the range of solutions. Hamilton, professor of policy, economics and sociology at OSU, explains why reparations cannot be simply about handing out cash. The first requirement is a detailed acknowledgment of the harm done, which must be specific to the victimized group. When talking of reparations to Native Americans, for example, that unique history of oppression must be spelled out. Redress in the form of individual payments could have unintended consequences, exacerbating class divisions, so some form of ownership might be included. The nation needs a Marshall plan for building black institutions as a further means of redistribution and reparations. A federal job guarantee, while separate from reparations, is also crucial for mitigating inequality. It’s not only an economic benefit, but a psychological one, which doesn’t get emphasized enough in the debate. Finally, Professor Hamilton explains the principles of baby bonds, which address the mechanism by which Americans build wealth. Each child would be given a trust fund at birth, calibrated to the family’s wealth. The concept goes back to Thomas Paine, who spoke of a “stakeholder society.” Darrick Hamilton is Executive Director of the Kirwan Institute for the Study of Race and Ethnicity, Professor in the Glenn College for Public Affairs, and Professor, Departments of Economics and Sociology, College of Arts and Sciences (by courtesy) at The Ohio State University. http://kirwaninstitute.osu.edu/about/#staff https://www.jacobinmag.com/2017/02/federal-job-guarantee-universal-basic-income-investment-jobs-unemployment/ https://theconversation.com/why-wealth-equality-remains-out-of-reach-for-black-americans-111483 https://www.ted.com/talks/darrick_hamilton_how_baby_bonds_could_help_close_the_wealth_gap?language=en https://bidenforum.org/racial-equality-is-economic-equality-64fca8e8bfc0
Addressing racial & economic inequality requires bold, comprehensive programs. Darrick Hamilton lays out the principles and mechanics of some of the most vital policy proposals, reparations, baby bonds, and a federal job guarantee. Hamilton is professor of policy, economics & sociology at OSU.
Conversations from this year’s Ideas Conference, with Betsey Stevenson, Darrick Hamilton, and Wisconsin Lt. Gov. Mandela Barnes.
Professor William A. Darity, Jr. also known as 'Sandy' is an American economist and researcher. He is currently the Samuel DuBois Cook Professor of Public Policy, African and African American Studies, and Economics and the director of the Samuel DuBois Cook Center on Social Equity at Duke University. Darity maintains that people are out of work in the US not because of personal defects but because the economy doesn’t generate enough jobs. He tells Steve why we need a federal job guarantee, covering the 5 main points from the Jacobin article of that name which he co-authored with Mark Paul and Darrick Hamilton. He also shows how the FJG is superior to a universal basic income. This interview is as important today as it was when it was first aired in 2017. https://sanford.duke.edu/people/faculty/darity-jr-william
Hard work, resilience and grit lead to success, right? This narrative pervades the way we think, says economist Darrick Hamilton, but the truth is that our chances at economic security have less to do with what we do and more to do with the wealth position we're born into. Enter "baby bonds": trust accounts of up to $60,000 for every newborn, calibrated to the wealth of their family. Learn how this bold proposal could help us reduce inequality -- and give every child personal seed money for important things like going to college, buying a home or starting a business. "Without capital, inequality is locked in," Hamilton says. "When it comes to economic security, wealth is both the beginning and the end." Hosted on Acast. See acast.com/privacy for more information.
Hard work, resilience and grit lead to success, right? This narrative pervades the way we think, says economist Darrick Hamilton, but the truth is that our chances at economic security have less to do with what we do and more to do with the wealth position we're born into. Enter "baby bonds": trust accounts of up to $60,000 for every newborn, calibrated to the wealth of their family. Learn how this bold proposal could help us reduce inequality -- and give every child personal seed money for important things like going to college, buying a home or starting a business. "Without capital, inequality is locked in," Hamilton says. "When it comes to economic security, wealth is both the beginning and the end."
Le travail acharné, la ténacité et le cran mènent au succès, pas vrai ? Cette idée est ancrée dans notre manière de penser, déclare l'économiste Darrick Hamilton, mais la vérité, c'est que nos chances d'atteindre la sécurité économique dépendent moins de ce que l'on fait que de la situation financière dans laquelle on se trouve à la naissance. Entrez dans l'ère des « baby bonds » : des comptes fiduciaires d'un montant pouvant aller jusqu'à 60 000 dollars pour chaque nouveau-né, proportionnellement aux revenus de la famille. Découvrez comment cette proposition audacieuse pourrait nous aider à réduire les inégalités et à donner à chaque enfant un capital d'amorçage qu'il pourrait utiliser lors d'événements importants tels que l'entrée à l'université, l'achat d'une maison ou la création d'une entreprise. « Sans capital, les inégalités persistent, » affirme Hamilton. « Lorsqu'il s'agit de sécurité économique, tout repose sur la richesse. »
Trabalho duro, resiliência e bravura levam ao sucesso, certo? Essa narrativa permeia a maneira como pensamos, segundo o economista Darrick Hamilton, mas a verdade é que nossas chances de segurança econômica têm menos a ver com o que fazemos e mais com a posição social em que nascemos. Conheça os "títulos de bebês": contas fiduciárias de até US$ 60 mil por criança que nasce, ajustado à riqueza de sua família. Entenda como essa proposta arrojada pode nos ajudar a reduzir a desigualdade, e dar a toda criança um capital inicial próprio para coisas importantes como pagar a faculdade, comprar uma casa ou abrir um negócio. "Sem capital, a desigualdade se perpetua", diz Hamilton. "No que diz respeito à segurança econômica, a riqueza é tanto o começo quanto o fim".
El esfuerzo, la resiliencia y la determinación conducen al éxito, ¿verdad? Esta narrativa domina nuestro modo de pensar, afirma el economista Darrick Hamilton, pero la verdad es que nuestras posibilidades de una seguridad económica tienen menos que ver con lo que hacemos y más con la posición económica en la que nacemos. Los "bonos para bebés" son cuentas fiduciarias de hasta USD 60 000 para cada recién nacido, calculadas según la riqueza de su familia. Conozcan como esta propuesta destacada podría ayudarnos a reducir la desigualdad y dar a cada niño un capital inicial personal para cosas importantes como ir a la universidad, comprar una casa o empezar un negocio. "Sin capital, la desigualdad se mantiene", dice Hamilton. "En lo que respecta a la seguridad económica, la riqueza está tanto al principio como al final".
노력, 실패를 딛고 일어서는 도전정신, 그리고 끈기는 과연 성공의 비결일까? 데릭 해밀튼은 이런 이야기가 상식처럼 알려져 있지만 실제로 경제적 안정은 우리가 행하는것보다 우리가 어떤 경제적 위치에 태어나느냐에 더욱 달려있다고 주장합니다. 그렇다면 각 신생아가 태어날 때마다 가계 자산에 맞추어 최대 6만달러까지 채워주는 "신생아 신탁계좌"를 만들면 어떨까요. 이 당돌한 주장이 어떻게 불평등을 해소시킬수 있을지, 즉 어떻게 모든 어린이에게 대학교 학비, 주택 구매, 또는 창업을 할수 있는 초기재원을 만들어 줄 수 있는지를 배워보세요. "자본 없이는 불평등이 계속된다", "경제적 안정의 시작과 끝에는 부가 있다"고 해밀튼이 말합니다.
This week on Off-Kilter, a new report sheds horrifying new light on the state of the nationwide affordable housing crisis. A minimum wage worker earning $7.25 an hour would need to work a staggering 122 hours per week, literally all 52 weeks of the year — the equivalent of three full time jobs — to afford a two bedroom apartment at fair market rent. Rebecca speaks with Diane Yentel, president and CEO of the National Low-Income Housing Coalition, about the new report “Out of Reach: The High Cost of Housing.” Later in the show, while Trump and Congressional Republicans actively seek to exacerbate the affordable housing crisis, some states and cities are taking matters into their own hands. Rebecca sits down with Denver Mayor Michael Hancock to hear how Denver’s tackling their affordable housing crisis and working to curb chronic homelessness. And finally, it’s no secret the Trump tax law that took effect earlier this year is already worsening inequality in the U.S. But it’s also a recipe for massively exacerbating racial inequality — and even mass incarceration. Rebecca talks with Darrick Hamilton and Michael Linden, both fellows at the Roosevelt Institute, about how “hidden rules of race are embedded in the new tax law.” But first: concentration camps for kids; how Trump’s plan to reorganize the federal government is just his latest effort to redefine everything from childcare to health insurance as “welfare”; what you’re not hearing about the Trump economy: wages FELL last year (!); momentum grows for expanding paid leave to include chosen family; and more — as Jeremy Slevin, aka your beloved Slevinator, returns with the news of the week ICYMI (and an even longer beard than last week).
Brian & Marion talk to Professor Darrick Hamilton about the federal job guarantee proposal that he helped create, and about how we want our reparations. Brian also slips in an unnecessary dig at Indiana Jones for what must be the thousandth time. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/at-the-intersection/support
Vox's Dylan Matthews joins Sarah and Matt to break down the jobs guarantee debate and discuss research on a promising school desegregation initiative undermined by racist police practices. References and further reading Dylan's jobs guarantee explainer (with links to Stephanie Kelton's writing) Dylan's explainer of Sen. Cory Booker's jobs guarantee proposal (with links to Darrick Hamilton and Sandy Darity's writing) Bryce Covert's piece on the case for a jobs guarantee Gallup poll on workers getting a sense of identity from their jobs White paper on school integration "risks and benefits" Learn more about your ad choices. Visit megaphone.fm/adchoices
In Episode 13 - “Peach Progressivism” – I speak with Anoa Changa (@thewaywithanoa) - activist, attorney, and news commentator - about election 2016, the Southern political scene, her family’s black radical history, & much more. Related Reading/Resources: Discussion between Benjamin Dixon, Anoa Changa, & Wendi Muse on the Left-“Alt-Right” Alliance, Benjamin Dixon Show, March 12, 2018: https://www.youtube.com/watch?v=pold5hl3XBQ Marcus Ferrell for State Representative, Arizona: http://www.ferrellfor24.com/ “Inequality in America: A National Town Hall” w/ Bernie Sanders, Elizabeth Warren, Darrick Hamilton, Michael Moore, & guests: https://www.youtube.com/watch?v=-EV8XfM9CZo “Bernie Endorses Challenger to Antiabortion Candidate in IL” https://www.washingtonpost.com/news/powerpost/wp/2018/03/08/bernie-sanders-endorses-challenger-to-antiabortion-democrat-in-illinois/?utm_term=.67626789c7a6 “Why Is the DNC Embracing an Aggressively Anti-Choice Candidate?” https://rewire.news/article/2017/04/20/why-is-dnc-embracing-aggressively-anti-choice-democrat/ “Two Angry Black Ladies & a Microphone,” Anoa’s Interview of Imani Gandy, February 7, 2018 http://thewaywithanoa.com/2018/02/07/anoa-imani-gandy-two-angry-black-ladies-and-a-microphone/ The Peach Perspective (Anoa’s Georgia Politics Blog): http://peachperspective.com/ “BDS Vote Exposes Split between Democratic Leadership” http://peachperspective.com/2018/03/01/bds-vote-exposes-split-democratic-leadership-evans/ Coverage of Dwight Bullard at the Progressive Army http://progressivearmy.com/tag/dwight-bullard/ “Pro-Israel Billionaire Haim Saban Drops $100,000 against Donna Edwards in Maryland Senate Race” https://theintercept.com/2016/04/25/pro-israel-billionaire-haim-saban-drops-100000-against-donna-edwards-in-maryland-senate-race/ *correction: it was indeed $100k! I made a mistake on the podcast. Chuck Schumer’s Speech 2018 AIPAC Speech: http://www.policyconference.org/article/transcripts/2018/schumer.asp “Trump Promised to Protect Steel. Layoffs Are Coming Instead.” https://www.nytimes.com/2017/12/22/business/economy/trump-steel-industry-layoffs.html “An Untold Chapter in Black History: an Excerpt of Safiya Bukhari’s The War Before: https://monthlyreview.org/2010/02/01/an-untold-chapter-in-black-history/ More on Safiya Bukhari: http://safiyabukhari.com/ -- Pictured: Anoa Changa -- Theme Music: "My Life as a Video Game" by Michael Salamone -- Interact: Twitter: twitter.com/LeftPOC Facebook: facebook.com/leftpoc Media Revolt: mediarevolt.org/leftpoc Reddit: reddit.com/user/leftpoc/ Curious Cat: www.curiouscat.me/leftpoc Subscribe: Soundcloud: soundcloud.com/leftpoc Spreaker: spreaker.com/user/leftpoc iTunes: itunes.apple.com/us/podcast/leftp…d1329313097?mt=2 or search "LeftPOC" in podcasts Support: Patreon: patreon.com/leftpoc
This week on the Next System Podcast, Adam sits does with Darrick Hamilton to discuss his work on the racial wealth gap in the United States, as well as Hamilton's proposal for a federal job guarantee program. This episode touches on economic planning, labor force dynamics, stratification patterns along race and gender lines, as well as workforce automation.
In advance of Labor Day, Sandy Darity, Darrick Hamilton, and Mark Paul join Jared and Ben to talk about their bold proposal to transform the labor market: a federal job guarantee. It would have the potential to reap huge rewards in terms of eliminating involuntary unemployment, reducing poverty, improving job quality, and allocating resources to address national needs. Musical Interlude: “Done Changed My Way of Living” by Taj Mahal https://www.youtube.com/watch?v=IqEZXra3keU Ben’s Podcast Recommendation: “Have You Heard” by Jennifer Berkshire and Jack Schneider https://soundcloud.com/haveyouheardpodcast Jared’s Podcast Recommendation: “The Daily” by Michael Barbaro https://www.nytimes.com/podcasts/the-daily
In this episode of Race and Wealth we have one of the leading researchers on race and wealth, Darrick Hamilton. Darrick Hamilton is the director of the doctoral program in public and urban policy, and jointly appointed as an associate professor of economics and urban policy at The Milano School of International Affairs, Management and Urban Policy and the Department of Economics, The New School for Social Research at The New School in New York. Dedrick and Darrick spend some time talking about Darrick's Jacobin article, “Why we Need a Federal Job Guarantee” and how economic empowerment could help fix many issues around race & wealth. Take a listen!Please check out more of Darrick's work here:https://www.jacobinmag.com/author/mark-paul-and-william-darity-jr-and-darrick-hamilt/ http://ww1.insightcced.org/uploads/CRWG/Umbrellas-Dont-Make-It-Rain8.pdf http://www.urban.org/sites/default/files/publication/85341/2000986-2-the-color-of-wealth-in-the-nations-capital.pdfThe Color of Wealth in the Nation's Capital - urban.orgwww.urban.orgThe Duke Samuel DuBois Cook Center on Social Equity is a scholarly collaborative engaged in the study of the causes and consequences of inequality and in the ... Umbrellas Don't Make it Rain: Why Studying and Working ...ww1.insightcced.orgUmbrellas Don't Make it Rain: Why Studying and Working Hard Isn't Enough for Black Americans 1 Duke Center for Social Equity . About the Authors Mark Paul, William Darity Jr, & Darrick Hamilton | Jacobinwww.jacobinmag.comMark Paul, William Darity Jr, & Darrick Hamilton. Mark Paul is a postdoctoral associate at the Samuel DuBois Cook Center on Social Equity at Duke University and holds ...
Could we fight unemployment by providing government jobs in construction, child care, and other needed public projects? Professor William Darity explains how a Federal Job Guarantee could work and how similar programs have been effective in the past. For More on this Topic: Check out his oped in The New York Times. Read his two-page brief, co-authored with Darrick Hamilton and Mark Paul. Further Reading: Why Jobless Americans Experience Deep and Prolonged Distress, Cristobal Young, Stanford University, SSN Key Findings The Great Recession and America's Underemployment Crisis, Leif Jensen, Pennsylvania State University, Tim Slack, Louisiana State University, SSN Key Findings
A new study from the Urban Institute offers strong evidence that the recession has exposed the United States as an economy without equality of opportunity. The study shows a growing disparity in wealth between non-Hispanic white Americans and most minority groups-- and argues that major policy reforms are necessary to level the playing field for all Americans. Darrick Hamilton, associate professor of urban policy and economics at the New School in New York breaks down the Urban Institute's findings.
OUR COMMON GROUND with Janice Graham"The Color of the Economy: Economic Inequalities" Guest: Dr. Darrick Hamilton, Department of Economics, New School of Management and Urban Policy The causes, consequences and remedies of racial and ethnic inequality in economic and health outcomes, which includes an examination of the intersection of identity, racism, colorism, and socioeconomic outcomes. June 11, 2011 10 pm ET "Speaking Truth to Power and OURSELVES" Talk that Matters Contact us: ocgInfo@ourcommonground.com