Capitalism: On Display in Times Square

It's worth exploring the ways capitalism affects our lives so we can make more informed decisions for improving our economy. That's the goal of a traveling interactive art installation that UFE is supporting in New York City.

Join us on October 6-9 in Times Square! If you want to join the street team, email Maz Ali at [email protected]

UFE's Steve Schnapp (L) facilitates street dialogue on the economy while participants wait to vote at Steve Lambert's "Capitalism: Works for Me! (True/False)."

Steve Lambert — artist, culture jammer, educator, and co-founder of the Center for Artistic Activism — presents passers-by with the statement, "Capitalism: Works for Me!" and asks participants to vote true or false. But, rather than have people cast hair-trigger votes based on ingrained notions, Steve urges some critical thinking and dialogue to get at the ways capitalism helps or hinders our individual circumstances. That's where UFE and our allies come in.

Capitalism, like it or not, is the main system on which the U.S. economy operates...for now, anyway. It is a market-based system that, in ideal circumstances, provides a competitive arena for private businesses to sling goods and services.

The upsides are visible – they're in the hypnosis of your computers, tablets, and smartphones; in the comfort and convenience of your car; in the connections you make and cheap crap you buy online; and it's even in fond memories of family trips to capitalism-inspired sites like Times Square.

The downsides are also plain to see, but they're not often attributed to the system of capitalism itself – they're in the blocks of foreclosed homes, lost 401Ks, Mc"Food" deserts, unfathomable healthcare costs, climbing productivity but stagnant wages, out-of-reach higher education, and other unsavory realities.

"It takes money to make money," right? Our political economic system provides significant advantage to those who have capital to begin with. The Reagan era marked the start of a trend toward freer, less regulated markets – a movement for the heightened influence of capitalism in the global economy.

Since then, our country has fallen victim to historic levels of income and wealth inequality and is becoming a land of haves and have-nots. The question of which category you fall into is complex and riddled with contradictions. But, with the majority of Americans agreeing that inequality has gotten out of hand, we have to more openly examine those complexities and bring the debate more into the public eye.

If you're in or around New York City on October 6-9 between the hours of noon and 7:00 p.m., please join us as a participant or volunteer. Here are select interviews from the opening day of the installation.

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They're Back! And Rich As They Ever Were

They're Back! And Rich As They Ever Were
Originally posted on Common Dreams, Sept. 24, 2013

Two weeks ago, Forbes released its 2013 list of the richest 400 Americans. And the not-so-surprising news: The fortunes of those at the top continue to rise while Americans across the country continue to suffer. What is surprising though is that they have now regained "all" of the losses from the economic collapse.

"Five years after the financial crisis sent the fortunes of many in the U.S. and around the world tumbling, the wealthiest as a group have finally gained back all that they lost. The 400 wealthiest Americans are worth just over $2 trillion, roughly equivalent to the GDP of Russia. That is a gain of $300 billion from a year ago, and more than double a decade ago. The average net worth of list members is a staggering $5 billion, $800 million more than a year ago and also a record. The minimum net worth needed to make the 400 list was $1.3 billion. The last time it was that high was in 2007 and 2008, before property and stock market values began sliding. Because the bar is so high, 61 American billionaires didn’t make the cut."

Half of those who dropped off the Forbes list didn't do so because their fortunes' declined. They "fell off the list" because others passed them up. As Forbes notes, "The rest simply couldn't keep up with the rising tide." It's an economic bonanza for the rich.

In glorifying and idolizing the superrich, what Forbes and much of our popular culture fails to acknowledge is the role that inherited wealth, race, gender, and public policy have played in shaping who is and who is not on the list. But last year, United for a Fair Economy (UFE) took a closer, more critical look at the list with the release of our "Born on Third Base" report, which analyzed the 2011 Forbes 400 list. Here’s what we learned:

  • At least 40% of those on the 2011 Forbes 400 list inherited a medium-sized business or substantial wealth from a spouse or family member.
  • Over 20% – including many Walton family members – inherited enough to place them on the Forbes 400 list with their inheritance alone. It's like they were born on home plate.
  • Only a small number can be said to truly come from modest means, and even they had help.

America's long history of race and gender bias also shape who is and is not on the list. Women and people of color make up only a tiny sliver of the overwhelmingly white, male Forbes 400. Even in 2013, the Forbes list includes only one African-America: Oprah Winfrey.

In UFE's 2006 book, The Color of Wealth, we examine the history of these disparities, including the way that women and people of color have been systematically excluded from the wealth-building public programs that helped create the white middle class. These wealth disparities have been passed on to each successive generation through the power of inheritance.

It's not just the birthright, there are public policies that give an unnecessary "leg up" to those at the top. One of the more egregious tax breaks we give to the wealthiest Americans is the reduced tax rate on investment income. We tax investment income from capital gains and appreciated stock at nearly half the top rate at which we tax income from wages earned through actual work.

Who does that special tax break benefit? No great mystery here. 60% of the income made by the Forbes 400 billionaires comes from capital gains, i.e. investment income. Together with the rest of their compatriots in the top 0.1%, they capture half of all capital gains income in the country. At the very least, we need to "tax wealth like work" and end this special tax break that disproportionately benefits those at the top.

By ignoring the role of inherited wealth, race, gender, and public policy advantages, Forbes describes many of the richest Americans as "self-made." This is an assertion that UFE challenged, both in our "Born on Third Base" report and in our 2012 book, The Self-Made Myth.

Attributing the success of those at the top entirely to their own efforts, by implication, also insinuates that those who are poor, are poor by their own efforts. Such an incomplete, black-and-white narrative distorts our views on the merits of a host of public policies—through this lens, progressive taxes become akin to "punishing success," and public policies aimed at correcting past injustices become "hand outs." The list goes on.

Instead of falling over ourselves in gleeful adulation of the superrich, let's honor the labors of all hard-working people across the country, and not overlook all the nuances. At the very least, it will be a more honest dialogue.

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3 Principles for a Better Tax System

At the most basic level, taxes exist to fund the government. Decisions about how much revenue we should raise from federal taxes and from what sources we should raise it are incredibly important. The influence of federal tax policy ripples throughout the entire economy and affects funding at all levels of government.

United for a Fair Economy believes a sustainable and people-oriented tax system should be based on three key principles. And, we support several common-sense policies that are designed according to those principles.

Tax Reform - the current effort underway in Congress and any changes to federal tax law - should be guided by some basic principles of good tax policy. Taxes should:





Generate the appropriate amount of revenue to fund our national priorities. The current tax code does not raise enough revenue, which leads to cuts to programs and services.


Raise revenue from the sources that can most afford to pay for our collective enterprise of government. New revenue should come from the wealthy and from corporations whose taxes are lower now than they were a generation ago.


Make it easier to file and collect our taxes. Making it easier to file taxes will make the system fairer and make tax avoidance more difficult. It will also reduce the burden of compliance on families and small businesses.

These principles should guide all federal tax reform and policy change decisions. The main purpose of taxation is to generate revenue. We should generate enough revenue to pay for our national priorities and avoid unnecessary budget cuts. We should raise tax revenue from the sources that can most afford to pay. And we should make paying and collecting taxes simpler.

Learn more >>

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Estate Tax Quotes

UFE and Responsible Wealth have held many press events featuring remarkable guest speakers from varying walks of life and work. Many of those speakers are wealthy individuals who have been, or will be, affected by the estate tax. But, they all have at least one thing in common – passionate support for the estate tax, because of what it represents: the common good and opportunity for all Americans.

Anna Burger"Consider a wealthy family with two children. Under the [2009] law, each child could inherit $3.5 million, tax free. That means each child would receive more, tax free, than the average worker would earn in two lifetimes. And the worker would be paying taxes on their earnings. Each of these children would receive more, tax-free, than 240 minimum wage workers would receive in a year."

- Anna Burger, Secretary-Treasurer of SEIU

John Bogle"[P]assing a stronger estate tax is a matter of ethics, of responsibility, of pride in citizenship, and it's the right fiscal choice for our country...I don't ever forget, as do some of my colleagues, that I benefited from a lot of business incentives and tax laws as I was building Vanguard Group to what it is today, and I owe some of that back."

- John C. Bogle, Founder and former CEO of The Vanguard Group

Abigail Disney“My family achieved success not in spite of, but because of the American system of taxation. After all, without reliable and safe roads there’d have been no Disneyland; without high functioning legal systems and a well regulated business environment there would have been no copyright protection for Mickey Mouse.”

- Abigail Disney, Filmmaker, philanthropist & heiress to the Disney fortune

Dave Eiffert"People who accumulate substantial wealth have not done so alone. They have benefited from the labor of employees and have built their businesses using public infrastructure such as clean water, ports, roads, utilities, and the internet. In view of these considerations, an estate tax is a responsibility which should be inescapable, and which people should be proud to pay."

- Dave Eiffert, Co-founder and Co-owner of Snoqualmie Falls Brewery

Jerry Fiddler"Wind River wouldn’t have existed without government-funded research that I did at Lawrence Berkeley Laboratories. I wouldn’t have gotten that job at the lab if I hadn’t had a master’s degree. I wouldn’t have had a master’s or a bachelor’s degree if there weren’t a public university that provided me with financial aid. And if I hadn’t gone to a good high school, also public, I probably wouldn’t have gotten into the university...Indeed, it will give me great pride to repay [society], hopefully many-fold, through the estate tax."

- Jerry Fiddler, Principal of Zygote Ventures & founder of Wind River Systems

Bill Gates, Sr."No one accumulates a fortune without the help of our society's investments. How much wealth would exist without America's unique property rights protections, public infrastructure, and academic institutions? We should celebrate the estate tax as an 'economic opportunity recycling' program, where previous generations made investments for us and now it's our turn to pass on the gift. Strengthening the estate tax is important to our democracy."

- Bill Gates, Sr., Co-chair of the Bill & Melinda Gates Foundation

Jean Gordon"At Frostyaire, our decisions about hiring employees, purchasing equipment, and expanding the business are not based on tax policy...The best way to help small businesses like ours is to put more money in the hands of the middle class who will spend the money as customers of our businesses, rather than cutting the estate tax to ensure that very wealthy heirs can have a larger inheritance."

- Jean Gordon, Co-owner of Frostyaire of Arkansas

Julian Robertson“It seems to me that the least deserving recipients of wealth are inheritors.  Further, there are many indications that inheritors often have trouble adjusting to their unearned inheritance. An inheritance tax would de facto help remedy this.”

- Julian Robertson, Founder of Tiger Fund

Richard Rockefeller, MD"The Rockefeller fortune could never have been created without the foundation of public laws, public education and infrastructure which undergirded American industry in my great-grandfather’s time and continues to do so today. Therefore, far from resenting our tax system, which allows this infrastructure to remain strong, I believe that a strong estate tax makes perfect sense."

- Richard Rockefeller, MD, Family Physician & great-grandson of John D. Rockefeller

Robert Rubin"Our country is on an unsustainable fiscal path. A progressive estate tax deficit reduction, additional public investment, or added assistance to those affected by the economic crisis...Our nation has always held itself out as a meritocracy and a land of opportunity, and an estate tax helps avoid accumulation of inherited economic and political power that is antithetical to this historical vision of our society.”

- Robert Rubin, Former U.S. Secretary of Treasury

John Russell"I’ve been reasonably successful...I own and manage six office buildings and have some 50 people working for me, directly or indirectly. Would I say that I did it without public support? No. When I reflect on what helped my business succeed and grow, I owe quite a bit to public investments, including tax policies that help make the real estate industry lucrative."

- John Russell, Owner of Russell Development Company

Richard Trumka"Our economy remains on the edge of a double-dip recession, and we urgently need to create millions of jobs and invest in our future, not give more tax breaks to the wealthy. Anyone who pretends to care about cutting deficits while opposing the restoration of the estate tax is clearly residing on a different planet."

- Richard Trumka, President of the AFL-CIO

 We thank all of our guest speakers for their commitment to tax fairness.

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INFOGRAPHIC: The House Doesn't Always Win

Housing, a cornerstone of the "American Dream," is the largest form of privately wealth held by families across the United States. This infographic draws attention to the intersection of housing as both a globally-recognized human right and as a commodity in a global stock market controlled by the wealthy. We urge readers to acknowledge the history behind the long-standing racial wealth divide and to consider the interplay between federal housing policies and risky financial practices and their impacts on the divide.

We are releasing this infographic just days after Duke University released a new study, which found that Black and Latino homebuyers are paying more for housing than Whites. Earlier this year, shortly after the release of UFE's report on housing and racial inequality, a Brandeis University study highlighted homeownership as the number one driver of the growing racial wealth gap.

How many studies need to be published before policymakers begin treating housing like a human right and not a commodity to be gambled with on Wall Street? Perhaps more importantly, what must be done to unite and galvanize communities—of all races and classes—to push lawmakers and to take control of the situation where they're falling short? Inequality has become worse than most people think. Economic apartheid has gripped our country. But, money is no match for people power.

Learn more about what's happening on the ground with State of the Dream 2013: A Long Way From Home. Share this information and invite others to join the conversation and take part in efforts to address racial injustice in your community.

Download this infographic in English or Spanish.

Infographic design by Design Action Collective

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Tragedy at the Boston Marathon: Who's Saying It Best

photo h/t Anne Phillips

I didn't really know how to feel or what to do. I decided to pour myself into this [vigil]. Now it's here. I guess we'll see what happens next. —Rene Perez, Boston

It's hard to know how to react in moments of great tragedy. It's in those moments, though, that community is of parmount importance. The bombings at the Boston Marathon has created one of those moments. Boston has been home to UFE since our founding 18 years ago. What happened on Boylston Street on Monday, April 15, 2013 at approximately 2:50 p.m. hit home. Our Tuesday morning staff meeting became a reflective and supportive space for our grieving team, and it was an opportunity to reaffirm our commitments to making this sometimes painful world a better place for all people.

Only the work of law enforcement officials can reveal who is responsible for this attack. But, there is, perhaps, nothing the investigation would uncover that can fulfill our rational human need to know why this senseless act was carried out. There is no justifying it.

It would be difficult at this stage to contribute anything more or meaningful to the ongoing and often repetitive dialogue. Instead, we want to share with you some of the most helpful commentary we've come across. These insights may not bring closure to this horrific matter, but they've been helpful in guiding how we receive and mange both the information and our feelings in this moment.

Don't buy into everything you're reading or hearing wholesale. "There's still a lot we don't know," and "many of the initial reports on media outlets...have proven to be false" (Mother Jones). The consequences of widespread misinformation are damaging and can place innocent people in danger. Glenn Greenwald details the active role of mainstream media outlets in breeding and bolstering Islamophobia in moments of terror.

It's okay to be sad. It's perfectly appropriate to be angry. But, we can't allow fear and panic to take over. Bruce Schneier asks, "What has happened to 'the only thing we have to fear is fear itself?'" He urges that we "empathize, but refuse to be terrorized," because public reactions to this rare, albeit horrible, event will shape the state's response.

Vigilance—not wreckless vigilantism—is crucial if we're to uphold our values and avoid further fear-driven compromise of our rights in this crisis. 99.999999% of Americans may want to consider John Cole's more critical approach to information gathering, because a purely reactive, shoot-from-the-hip approach is more likely to reinforce destructive patterns and unfounded biases.

This week, Americans share the pain of mass violence with Iraqis, Somalis, Afghans, and Syrians, among others. But, should our species be defined in such a large part by our violent realities? Should our collective actions be informed to the greatest extent by the worst of us? "We are better than this," says Erin Niemela. "Humanity is better than this."

Time—according to Rinku Sen—to live with, feel, and share this moment together will give peace a fighting chance in the wake of devastation.

Photo credit: Anne Phillips via "Peace Here & Everywhere—Boston Vigil on the Common"

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Tax Day and the Road Ahead

Tax Day 2013 is here!

Our coalition partner, American's for Tax Fairness, is getting the word out about tax day events and keeping the heat on corporate tax dodgers. (And some of our friends put together a nifty little game, Tax Evaders, that you ought to check out and share.)

Looking ahead, the House of Representatives, Senate and President have all put forward budgets for 2014 that represent three differing visions of how the federal government should raise revenue in the years ahead. All sides are doing their best to appear willing to compromise, but before a unified budget is passed, House Republicans, Senate Democrats and the Administration will all have to agree on the specifics. In other words, it’s unlikely that anything will happen soon.

Meanwhile, Senator Max Baucus (D, Montana) and Representative Dave Camp (R, Michigan) - the two top tax policy legislators in the Senate and House respectively - have also announced their earnest intention to address major tax reform. If they are successful, it will be the first comprehensive overhaul of the tax code since Ronald Reagan's effort with congressional Democrats in 1986.

The tax reform effort from Baucus and Camp (along with members of their committees - Senator Orin Hatch (R, Utah) in particular) is scheduled to be drafted over the next several months, before being released in August, just before Congress returns from its summer recess. Their tax overhaul is likely to come before the full Congress in September, just when budget negotiations might be truly heating up (fiscal year 2014 starts on October 1, so a budget or continuing resolution must be passed by the end of September to avoid a government shutdown). We're keeping our focus on the upcoming battle over tax reform, and on the estate tax.

The budget that the President put forward has appropriately received a lot of criticism both for not raising enough new tax revenue and for proposing cuts to Social Security and Medicare benefits. One positive aspect of the budget proposal from the Obama Administration is that it calls for an increase in the estate tax. Specifically, here's an excerpt from page 18 of the offical Administration budget (PDF):

Return Estate Tax to 2009 Parameters and Close Estate Tax Loopholes. The Budget returns the estate tax exemption and rates to 2009 levels beginning in 2018. Under 2009 law, only the wealthiest 3 in 1,000 people who die would owe any estate tax. As part of the end-of-year “fiscal cliff” agreement, congressional Republicans insisted on permanently cutting the estate tax below those levels, providing tax cuts averaging $1 million per estate to the very wealthiest Americans. [The Budget] would also eliminate a number of loopholes that currently allow wealthy individuals to use sophisticated tax planning to reduce their estate tax liability. These proposals would raise $79 billion over 10 years.

All other questions about the budget aside, it's good news that the President is proposing positive changes to the estate tax. There is more revenue to be had with a stronger proposal, and we'll be working with our partners and allies to get the strongest possible estate tax included in any federal budget or comprehensive tax reform package.

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5.2 Million Hits and Counting! (A Web Video)

This amazing web video, posted by YouTube user, politizane, animates research by Michael Norton (Harvard University) and Dan Ariely (Duke University) about the dramatic differential between people's perceptions and the reality of the wealth divide in the United States. Their findings suggest that Americans overwhelmingly want to live in a more equal society—like Sweden's, specifically—but also that too many people just don't know how bad the economic situation has gotten.

Each year, we train hundreds of organizers, activists, educators, and others involved in social and economic justice work. Much of what we do is about engaging people—organizers, activists, educators, and others—in a conversation about the economy, and this video is rich with opportunities for dialogue. You can also play a role.

Share it with your online and real life networks. It's easy! Copy & paste this link everywhere: Tell people why you think it's important. Ask for others' reflections. Urge them to consider the implications—social, economic, political, ecological, etc.—of an economy marked by massive wealth inequality. And, encourage them to become involved in efforts large and small to build a new economy on the principles of democracy, sustainability, and cooperation—one where everyone contributes their fair share and everyone has the same opportunity to succeed.

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June 2013: UFE Training of Trainers in Boston

Our Popular Economics Education Team is hosting UFE's renowned Training of Trainers Institute in June 2013 in Boston, MA (details below). We invite organizers, activists, educators, students, and others across the U.S. who want to join and advance the movement for a just economy.

Ten Chairs

Transformative education—which includes reflection, thoughtful analysis, and learning from each other—is vital to the success of any movement for social and economic justice. In order to challenge the status quo, we first need to make sense of the roots of the Great Recession and, more broadly, the ways in which our economic system creates and perpetuates class, race, and gender inequality.

Working toward a shared understanding of how we got here and a shared vision for the future will help us to build a cross-race, cross-class movement for an equitable, democratic, and sustainable economy.

UFE's Training of Trainers Institute explores the causes and consequences of inequality and provides participants with tools to inform their communities and inspire political action.


Thursday, June 6 – ­Sunday, June 9, 2013
On-site check-in from 3:00–6:00 p.m. on June 6, 2013; The Institute ends at 1:30 p.m. after lunch on June 9.

Register for June 6-9, 2013 TOT Institute


40 Berkeley Hostel & Conference Center (Boston, MA)
Conveniently located in Boston's South End neighborhood, minutes from Back Bay, Copley Square, the Boston Common, Public Garden, and more.


Jeannette Huezo and Steve Schnapp, UFE's Senior Education Coordinators, will train you in how to lead UFE-style popular economics education workshops that demystify the economy and creatively educate, inspire, and mobilize people to take political action.

It is right for you if you are:
  • An organizer, leader, activist, teacher, or trainer engaged in campaigns for economic or social justice, or
  • If you are seeking to improve your training and facilitation skills in order to more effectively present information and engage people in dialogue about the economy.
You will learn about:
  • National economic trends, the rules and policies that contributed to the Great Recession & the jobless recovery;
  • The impacts of economic policies in terms of race and gender;
  • Some history about popular resistance to economic inequality in the U.S.;
  • Strategies to advance economic recovery by closing the economic divides; and
  • Principles and practices of popular education.
You will have opportunities to:
  • Photo: ToT planning exercise

    Work in small groups to plan and practice leading either UFE's or original popular economics education workshop activities;
  • Receive constructive feedback on how to effectively present workshops and lead productive discussions on economic inequality; 
  • Discuss how to best adapt UFE's materials to your communities and constituents;
  • Practice responding to challenging questions and difficult workshop situations; and
  • Network, build solidarity and open doors for collaboration with others working for economic justice.
The program includes presentations of creative and engaging activities from UFE's workshops, including:
  • The Growing Divide - The Roots of Economic Security
  • Closing the Racial Wealth Divide
  • Bankers, Brokers, Bubbles, and Bailouts
  • Immigration and the Growing Divide
Schedule & Registration:
  • Participants should arrive at the Conference Center on Thursday, March 14, between 3:00 and 6:00 p.m.; program begins after dinner on Thursday and concludes after lunch on Sunday.
  • Sessions will be conducted in the mornings, afternoons, and evenings.
  • Breaks will be provided throughout the day to allow participants to reflect and network with other participants.

Space is limited and preference is given to applicants who are able to attend the full Institute. Some materials, including a detailed agenda for the Institute, short readings, and logistical information, will be sent to all registrants prior to the training to help participants prepare for the Institute.

Registration fee is $500, which includes the Institute fee, materials, meals, and room/board (double occupancy). Transportation is NOT included. Public transit (MBTA) makes for simple and affordable travel from Boston Logan Airport to the training site and back.

We offer a reduced fee to organizations sending two or more participants.


Partial scholarship is available to participants from low-income communities and/or resource-limited organizations. If you require financial assistance to attend the Institute, you need to complete a scholarship request form after submitting this application and paying your deposit.

A minimum $25 deposit is required with your application. Payment in full is due one week before the start of the Institute.

For more information:

Contact Jeannette Huezo ([email protected], 857-277-7881) or Steve Schnapp ([email protected], 857-277-7868).

Stay tuned for application details.

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TFOC Annual Conference-2013

Mark your calendars! The Tax Fairness Organizing Collaborative is excited to announce that our annual conference for 2013, will be taking place in Boston on June 4th, 5th and 6th.

June 4th   6:00 PM- 9:00 PM at the Brattle Theater in Harvard Square

Advanced Film Screening of Inequality for All  6:00-7:30

Questions and Answers 7:30-8:00

Panel Discussion 8:00-9:00

Featuring: Meg Wiehe from Institute for Taxation and Economic Policy, David Gray from Louisiana Budget Project and Brodrick Bagert from Together Baton Rouge


June 5th   9:00 AM- 6:00 PM at 40 Berkeley St Boston, MA

June 6th   9:00 AM- 1:00 PM (TFOC members only)

See the full agenda
Register Now!

We are pleased to announce that we will be having workshops on June 5th presented by the School of Creative Activism, Working Films, Youth of MA Organizing for a Reformed Economy, UFE's Popular Education Team, Responsible Wealth, Progressive Communicators Network, Funders Collabortive for Youth Organizing, and more to be added soon. 

The conference is presented by the Tax Fairness Organizing Collaborative, a network of state-level grassroots organizations that advocate for progressive and adequate state taxes. The TFOC is a project of United for a Fair Economy, a economic justice nonprofit based in Boston.

This conference will be open to allies and advocates involved in the tax fairness and economic justice movement. This conference is appropriate for community leaders, activists, and organizers, legislators, people concerned with tax policy, people not yet concerned with tax policy, policy wonks, journalists, foundation representatives, people with good ideas, and anyone else who believes in the power of a bottom-up movement.

The Tax Fairness Organizing Collaborative (TFOC), a project of United for a Fair Economy, is supported by grants from The Open Society Foundations and the Stoneman Family Foundation.
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Defending the Youth Economic Justice Movement

Youth activism is always very exciting. We were inspired by the dedication, creativity, and energy of the young people at the annual Youth Jobs Coalition (YJC) rally in Boston. The participants, thousands of Boston Public School students, spent their class recess working together to make the youth unemployment crisis more visible to the community. The YJC demonstration, staged in Boston's Financial District, publicized the connection between concentration of wealth and political power in the financial sector and budget cuts that directly affect funding for youth jobs.

The absence of job opportunities is making it difficult for young people to build skills for future success and earn money to help their families. Young people of color are experiencing the greatest struggle. Black teen unemployment, for example, is nearly twice as high as White teen unemployment, which is deepening the racial economic divide.

Angie Auguste and Princess Mansaray led lobby day trainings for youth activists at the Massachusetts State House as a part of the YJC day of action.

We were disappointed, though not surprised, to see that the first to comment on our posts of support were skeptics who questioned the merits of the teens' efforts. As one Facebook user opined, "maybe being on the streets applying for jobs would have been more productive."

If only it were that simple. Our reply:

In real terms, unemployment may be upwards of 80% higher than reported when we factor in underemployment. Teen unemployment is at a remarkable high, with Black teens faring worst. This should be a concern to all of us because of the many social ills connected to poverty and extreme inequality. We view the actions and continued efforts of these young people through the Youth Jobs Coalition and other groups as a sign of hope. They are making a choice to work together in peaceful demonstration to address an economic system that's falling short, with inefficient allocation of public resources driven by a concentration of wealth and power. We hope you will consider that, in addition to solid individual initiative, we'll need systemic remedies to unemployment and other economic struggles. The momentum for change won't be generated in board rooms and legislative sessions alone. To make the problems and solutions more visible, we have to get some feet on the street with a unified message.

As banal as it sounds, young people are our future. Peaceful protest has helped to generate positive change throughout U.S. history. Should we not encourage the youth community to be more engaged in this way?

Top photo c/o Steve Schnapp

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Responsible Wealth Says Goodbye to Bill Densmore


On January 19th, Responsible Wealth lost one of its founding members and a remarkable man, Bill Densmore, at age 88. Bill was a loving husband, devoted father, and mentor to many, including me for a time.  Bill parlayed a successful corporate career into a second career focused on education, peace, economic justice and better end-of-life planning. He played a key role in the original organizing meetings in the fall of 1996 that led to the founding of Responsible Wealth in 1997. Bill was a passionate advocate for economic justice right up to his final days. 

For those who were not lucky enough to meet him, I will attempt to give you a sense of who Bill was, and to share with you some of what was said about him at his memorial service last month. For those who want more details, there are a number of links below.

I first met Bill when he was part of the group of about 10 of us who met during the Fall of 1996 to discuss founding Responsible Wealth (RW) as a project of United for a Fair Economy. Bill went on to serve on RW’s Steering Committee for a number of years, helping advise me and guide RW’s early decisions on which topics we would tackle and which tactics we would use to bring the voice of progressive wealthy business leaders and others into the movement for economic justice. During that time, Bill developed a list of 15 corporate “rules changes” that would help close the economic divide, which he continued to promote over the years. (see link below)

Although Bill was less involved with Responsible Wealth in recent years, he remained an enthusiastic supporter and was always warm, inquiring and supportive when we spoke by phone.  His membership renewal was often the very first one to arrive, a day or two after we sent out our annual appeal!

On February 2, an impressive crowd of about 500 people of all ages filled the large First Unitarian Church in Worcester for a celebration of his life, which was a very fitting tribute to his long life of service.  His daughter Betsy and son Bill Jr. spoke, as did one of his mentees, Paul Reville, and Bill’s friend Michael True. Many of his favorite quotes were recited during the service and/or reprinted in the program.  The congregation sang ‘Tis a Gift to be Simple, If I Had a Hammer, and Amazing Grace, and Bill’s granddaughter Eliza played “Imagine” beautifully on the piano while her brother Chris (a theater major at Carleton College) sang the song with great expression.

Many friends stayed afterward to console the family, share remembrances of Bill, and look at various displays relating to Bill’s life and work. Not surprisingly, there was a literature table near the door for some of his deepest passions: The Center for Nonviolent Solutions, the Better Ending Partnership, and the upcoming Rules Change Conference (May 3-5, UMass Amherst). 

For me, the word “persistence” kept coming to mind during his service. Appropriately, Rev. Barbara Merrill spoke of Bill giving us all a “metaphorical toolbox” that contains “optimism, persistence and humility,” which really captures Bill well. She said, “Bill spent much of his energy in this existence in service to others. And we were the lucky recipients.” [Thank you, Barbara, for sharing your notes with me!]

Rev. Merrill also read some comments she had received from others, including:

  • “Bill possessed a keen, penetrating intelligence, handsomely combined with an uncommon gentleness and civility. He so catalytically evoked the best in others through his pure sincerity of purpose, and the twinkle in his eye.”
  • “…His whole life has revolved around nurturing civic action by successive generations.”
  • “Bill’s calm, quiet exterior formed a kind of camouflage over a white hot flame of practical idealism that burned within. He had a deep sense of compassion for all, a passion for economic justice, and a conviction (born of long experience and observation) that nonviolence is more effective than violence in confronting evil and addressing injustice. Bill bridged the corporate world and the social activist world like no one I’ve ever known. He did it quietly, energetically, persistently, optimistically, and most of all, effectively!”
  • “He was the ultimate networker, working with understatement, yet quiet force, to make things happen.  He very subtly coached me and our staff team in how to manage everything. Always available. Always thorough. Always steady. Always encouraging and non-judgmental. Always curious. Always receptive.” 

I will miss my occasional calls with Bill. But like everyone who has been touched by his life, I feel richer for having known him.

Mike Lapham
Responsible Wealth
February 15, 2013


Bill’s obituary

Rules Change Conference, May 3-5, 2013 ( or or email [email protected]). Note: Chuck Collins had a planning meeting with Bill Densmore and Rep. James McGovern about this conference just a couple weeks before Bill died. 

Better Ending Partnership: 508-767-9877 or

The Center for Nonviolent Solutions:

Slideshow of Bill’s life (about 100 photos).

Lots of background information about Bill, including some of the above:

15 Corporate Rules Changes: (see esp. Section F near the bottom for complete list).

Quotes worth remembering related to Bill

“I am of the opinion that my life belongs to the whole community, and as long as I live it is my privilege to do for it whatever I can.” - George Bernard Shaw

“A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.”  - George Bernard Shaw

“It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better.  The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, …who, at the best, knows, in the end, the triumph of high achievement, and who, if he fails, at lest he fails while daring greatly…”  - Theodore Roosevelt

“It’s not how much you know, but what you do with what you know.”

From Charlotte’s Web (E.B. White): “You have been my friend,” replied Charlotte. “That in itself is a tremendous thing…after all, what’s a life anyway?  We’re born, we live a little while, we die…By helping you, perhaps I was trying to lift up my life a trifle. Heaven knows anyone’s life can stand a little of that.”

A Prayer for Bill

As a final note, here is the prayer written and read by Rev. Gary Kowalski at Bill’s memorial service [thank you, Gary]:

We give thanks
For those who live large,
For practical idealists,
For men who lead from the heart.
Gracious God
We give thanks
For the life of Bill Densmore,
Saddened by his passing
But strengthened by the energy and enthusiasm
With which he embraced his time on earth,
Inspired by his commitment
To building the beloved community
Of justice, equality and peace.
This church that he supported,
This city and its civic institutions that he served,
The nation that he defended and sought to transform
Are friendlier, fairer and more free
For his having lived. 
Where grief casts its shadow,
When vision grow dim,
When souls go cold,
Enable us to remember
Those who reached toward the light
Who illumined our world with their honor
And warmed it with their humanity,
Renewing our faith
That beyond birth and death,
Beyond time and space,
Virtue endures,
Love never fails,
Compassion never ends,
For all are in the hands of goodness and mercy.

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