LPE Blog

Living in a Capitalist City With No Capital

Living in a Capitalist City With No Capital

Elite white capital created housing for middle-class whites built by working-class whites. Nowhere in this process, nor in the profit of lending, the employment of housing construction, or the long-term appreciation of white homeownership, was there a meaningful place for African Americans to bridge racial economic inequality.

The Same System, the Same Results

The Same System, the Same Results

Every year, governments and public entities wrestle with tough decisions about how they will fund their communities, and every year we absolve Wall Street of its role in siphoning money away from our public budgets. Enough is enough.

When the Moral Economy Became a Political Economy

When the Moral Economy Became a Political Economy

History shows that the standards by which societies judge economic activity change over time. As these moral frameworks evolve—or devolve—many of the changes make their way into law. For example, modern anti-trust law is grounded in the widely accepted belief that monopolies depress competition and growth and encourage unscrupulous behavior. However, in. . .