Center for American Progress Advocates for an Inclusive Economy
Washington, D.C., Thursday, 30 October 2025.
The Center for American Progress is pushing for an inclusive economy by enhancing worker power, investing in families, and promoting policies for sustainable growth, addressing post-pandemic inequalities.
Introduction to the Initiative
The Center for American Progress (CAP) has recently outlined a comprehensive vision for an inclusive economy, emphasizing the importance of expanding worker power, investing in families, and fostering policies that ensure sustainable and equitable growth. This initiative is particularly focused on addressing the deep inequalities that have been highlighted and exacerbated in the wake of the COVID-19 pandemic [1].
Key Components of the Inclusive Economy
At the heart of CAP’s strategy is the commitment to expanding worker power through executive actions and legislation, including advocating for a $15 minimum wage [1]. Furthermore, the initiative aims to invest in people by eliminating poverty and ensuring economic security for all Americans, regardless of their geographical location. This involves promoting public investments, progressive tax reforms, and sound fiscal policies to support broad-based economic growth [1].
A New Social Compact
CAP’s vision includes championing a new social compact that reimagines the responsibilities of businesses towards society, especially on environmental, economic, and racial equality issues. This social compact seeks to redefine business obligations, encouraging them to contribute positively to societal challenges such as climate change and economic disparity [1][2].
Global Perspectives and Lessons
Insights can be drawn from the Mondragon cooperative model, as highlighted by the International Co-operative Alliance (ICA). Mondragon, the world’s largest worker-led cooperative, has demonstrated how businesses can successfully integrate social benefits with business success. This model underscores the importance of worker power and economic inclusivity as central to sustainable business practices [2].
Implications for Policymakers and Businesses
The implications of CAP’s initiative for businesses and policymakers are profound. By aligning business practices with broader societal goals, there is potential for fostering a more inclusive and resilient economy. Policymakers are encouraged to consider these frameworks as they develop future policies to enhance economic justice and worker empowerment [1][2][3].