How democracy saved capitalism

FDR Memorial, Washington DC (Photo: Tony Fischer/Flickr Creative Commons)

We’re facing the weakest economic recovery in recent memory – but it’s worth remembering that the Great Recession was far less damaging than the Great Depression, thanks to the public services and structures Americans built for themselves.

When the Great Depression began, there was no unemployment insurance or job retraining, no Social Security or Medicare, no Children’s Health Insurance Program…the list goes on and on.

In the decades that followed, Americans – acting through their government – built a new economic foundation for themselves, so when times got tough, people had something to fall back on.

But today, powerful economic and political interests are hard at work trying to tear down those foundations. EOI is working to protect those gains and advance new public policies to improve our schools, workplaces and quality of life.

We have a generous offer on the table from a donor: $10,000 if we can raise $10,000 by the end of July. We have just 19 days left to get there, and we can only do it with your support.

Please give today so we can keep working to build an economy that works – for everyone.

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