The economy is not working for most Americans, and companies today no longer advance the public interest. Economic inequality, however, is not inevitable. “Free-market” ideology brought us to this moment, driving rule-writing that has been tilted toward the top for the last 50 years. These policy choices have produced today’s high-profit, low-wage economy.
Guided by the collective good, we need new rules that redefine who benefits in our economy. Adapting our influential Rewriting the Rules framework for today’s politics, Roosevelt’s think tank team is advancing a comprehensive agenda to restructure markets and the broader economy. This means curbing outsized corporate power, strengthening worker power, and reclaiming public power. Ultimately, we’re promoting a progressive economic vision that can help build a more inclusive economy—and democracy.
Americans are increasingly aware that corporations aren’t working the way they should. Roosevelt Senior Economist Lenore Palladino explains: “Today’s corporations have retained their privileges and lost their public purpose. Corporate power should not [surpass] people power.” In a truly competitive economy, rules incentivize corporate behavior that promotes shared prosperity, including investments in better products, higher
The idea that higher education is an essential pathway to economic security, regardless of how much it costs, has been cemented into the public’s mind. We’ve been told that people need more education and that investment in higher education will pay off. Every day, individuals and families make decisions based on these beliefs. But the
The Roosevelt Institute believes that restoring our democracy goes hand in hand with reforming our economy. Currently, the wealthy and well-connected are able to buy influence over the policymaking process—stacking the deck against the rest of us. As a result, corruption in government stands in the way of addressing nearly every issue on the progressive
Workers today are increasingly powerless. A decades-long attack on unionization has eroded workers’ agency over their own economic lives. At the same time, employers have expanded their influence in the labor market, gaining the discretion to set wages and working conditions on their own terms without fear that workers could check their power by finding