Archives for September 3, 2024

Isabella Weber. Prices, Inflation, and Survival in an Age of Emergencies: Why We Need a New Paradigm (Sept. 11, 7-9 PM)

Part of our Economic Justice Speaker Series.

Isabella M. Weber is an Associate Professor of Economics at the University of Massachusetts Amherst, an Associate in Research at the Fairbank Center, Harvard University, and a Fellow of the OSF Ideas Workshop. Her next book, ESSENTIAL: Inflation, Profits and Survival in an Age of Emergencies, will be published in 2026 by Penguin Allen Lane in the UK and University of Chicago Press in the US, and will be translated into seven languages.

10 ways that mass incarceration is an engine of economic injustice

Eric Seligman (JJay Economics MA ’22) and  Brian Nam-Sonenstein write on the relationship between economic justice and mass incarceration.

“Money is power in the United States, and mass incarceration plays a major role in determining who can wield power and who can’t. As we’ve noted repeatedly over the years, it is no coincidence that the poorest and most vulnerable communities are also the most policed. The criminal legal system erects significant barriers to employment and the ballot box, economically and politically weakening entire communities. The criminal legal system erects significant barriers to employment and the ballot box, economically and politically weakening entire communities. Importantly, this arrangement impacts all workers: employers use this massive class of disadvantaged people to threaten all workers with replacement and increasingly risky unemployment if they dare to demand better wages and conditions. Mass incarceration also weaves a narrative that pits people with similar economic interests against one another, reducing systemic inequality to matters of individual choice. Fortunately, understanding mass incarceration as the wealthy’s preferred economic policy clarifies that ending it is necessary for all movements for justice and equality — all working people benefit from solidarity with criminalized people.”

Read the full article at the Prison Policy Initiative.