Banks today are increasingly consolidating branch locations, while also moving away from low-cost financial services to high-profit activities, leaving marginalized Americans underserved and left behind in today’s economy. Without access to basic banking services, such as checking and savings accounts or small loans, consumers are vulnerable
to a host of financial abuses. To foster a more

Workers are increasingly powerless in the 21st century economy. Working people have few rights on the job, corporations and wealthy individuals hold outsized influence in politics and policymaking, economic inequality is vast and deep, and economic mobility is out of reach for most. Most notably, the unionization rate—a key measure of worker voice and worker

In a joint publication of the National Employment Law Project (NELP) and the Roosevelt Institute, Irene Tung and Katy Milani expose the extent of stock buyback spending across the U.S. economy from 2015 to 2017—finding that companies spent almost 60 percent of net profits on buybacks. At a time of growing economic inequality, with millions

Who Are the Shareholders?

The ideology of “shareholder primacy”—the belief that businesses function solely to profit and “maximize value” for shareholders—has had a profound and toxic effect on our economy. Corporate executives used to, in large part, manage companies for the long term, workers had more bargaining power and greater economic security, and the economy was more dynamic. Today,

In Don’t Fear the Robots: Why Automation Doesn’t Mean the End of Work, Roosevelt Fellow Mark Paul challenges the narrative that large-scale automation will imminently lead to mass unemployment and economic insecurity. He debunks the idea that we are on the cusp of a major technological change that will drastically alter the nature of work,

Tagged under: ,

Americans today rank corruption of government officials as their top fear—even above fear of North Korea’s use of nuclear weapons. Far from a new phenomenon, public trust in government has polled consistently low for over a decade. Newspapers report daily on elected officials who benefit personally from the policies they pass, regulators who once led

The Financialization of Higher Education at Michigan State University is the latest report from Roosevelt’s Financialization of Higher Education project. To learn more about the project, click here. America’s higher educational institutions today are a far cry from the promise progressives have envisioned for higher education. Successful public higher educational institutions have, rightly so, been defined as

As workers, as consumers, and as citizens, Americans are increasingly powerless in today’s economy. A 40-year assault on antitrust and competition policy—the laws and regulations meant to guard against the concentration of power in private hands—has tipped the economy in favor of powerful corporations and their shareholders. Under the false assumption that the unencumbered ambitions

10 Ideas 2018

Roosevelters all across the country are rising to the challenges of today and building their own rulebook, so that government can be reflective of and responsive to the people it’s meant to serve. Our current political and social reality is profoundly different than ones that existed in previous iterations of this journal, but despite that,

The George Washington University (GW) has a student health insurance problem. Annual insurance premiums for the university-sponsored student health insurance plan (SHIP) reached a five-year high of $4,103 for the 2017-18 policy year. This cost is exorbitantly high in comparison to similar plans offered by many other universities, discouraging students from enrolling in the school’s