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MBAs Will Turn Brownfields Into Green—if Investors Help Them Out (Quartz)
Roosevelt Institute Fellow Georgia Levenson Keohane writes that the social venture competitions becoming common in MBA programs could push sustainability and social change, if Wall Street will fund the proposals.
Even As Jobs Numbers Seem Better… (Campaign for America’s Future Blog)
Unemployment claims have dropped, and the jobs lost in the recession have been restored, but that’s just catch-up. Dave Johnson pulls job creation ideas from a new Roosevelt Institute report, “A Bold Approach to the Jobs Emergency: 15 Ways We Can Create Good Jobs in America Today.”
- Roosevelt Take: Read the full report, produced by the Bernard L. Schwartz Rediscovering Government Initiative.
Low-Wage Workers Pay the Price of Nickel-and-Diming by Employers (LA Times)
Michael Hiltzik points out that wage theft is most common in low-paid, labor-intensive, female-heavy industries. Without sufficient government enforcement, workers are forced to fight back on their own.
- Roosevelt Take: In her recent white paper, “The Role of Labor Market Regulation in Rebuilding Economic Opportunity in the U.S.,” Roosevelt Institute Fellow Annette Bernhardt explains how improving enforcement of labor regulations would solve some of the problems Hiltzik examines.
What If the Minimum Wage Were $15 an Hour? (The Nation)
Sasha Abramsky looks at the political situation in Seattle, where the push for a $15-an-hour minimum wage is taking center stage. He suggests that if Seattle pulls this off, it will dramatically shift the national conversation.
- Roosevelt Take: Roosevelt Institute President and CEO Felicia Wong gave the closing remarks at Seattle’s Income Inequality Symposium.
Executive Pay: Invasion of the Supersalaries (NYT)
Rising CEO pay is a major contributing factor to today’s economic inequality, writes Peter Eavis. But there’s disagreement on how to induce companies to pay CEOs less and average workers more.
The Wall Street Second-Chances Rule: Scandal Makes the Rich Grow Stronger (The Guardian)
Heidi Moore writes that on Wall Street, losses, bankruptcies, and even criminal investigations aren’t enough to knock top CEOs out of the business. Profits conquer all, so even financiers embroiled in scandal keep their power.
New on Next New Deal
Brian Lamberta, Northeast Regional Communications Coordinator for the Roosevelt Institute | Campus Network, explains why and how Millennials should try to fix Social Security instead of giving up on it.