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The Social Contract: What’s Missing in the “Historic” Biden Legislation?

NonProfit Quarterly

For one, the public sector is a large part of the economy. Government also sets the terms for what might be called a social contract —that is, the unofficial economic bargain between the state and its citizens. Yet, even as social movements rise and the old system withers, a new social contract has yet to emerge.

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Excessive Wealth Has Run Amok—This Must Stop

NonProfit Quarterly

It’s time to change public policy to do away with excessive wealth and its corrosive effects on our lives, our society, and our democracy. To interrupt this pattern, public policy must, at minimum, implement policies that tax wealth to cut down on the excessive concentration of wealth over time.