In a new book called The Making of a Democratic Economy: How to Build Prosperity for the Many, Not the Few, Howard and Kelly spell out seven principles for creating a fairer and more sustainable economy that could help pull the U.S. out of the “extractive economy” that exists today. Those values are community, inclusion, place, good work, sustainability, democratic ownership, and ethical finance.
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More than 50 years after the federal Fair Housing Act took aim at discrimination in the housing market, and four decades after the Home Mortgage Disclosure Act did the same by shining a light on lending practices, blacks are still twice as likely as whites to be denied a mortgage, according to a new national study.