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Financing the Green New Deal - A Plan of Action and Renewal (Paperback, 1st ed. 2020)
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Financing the Green New Deal - A Plan of Action and Renewal (Paperback, 1st ed. 2020)
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Climate scientists have determined that we must act now to prevent
an irreversible and catastrophic climatic tipping point, beyond
which neither our own nor many other species can be assumed likely
to survive. On the way to that bleak ending, moreover, extreme
socio-economic injustice and associated political breakdown-now
well underway in nations already hard-hit by environmental
crisis-can be expected to hasten as well. The time has thus come to
plan carefully, thoroughly, and on a scale commensurate with the
crisis we face. This book, written by one of the key architects of
the Green New Deal and prefaced by Representative Alexandria
Ocasio-Cortez's former Chief of Staff, indicates how to structure
Green New Deal finance in a manner that advances the cross-cutting
goals of maximum financial and economic inclusion, maximally
democratic decision-making, and an appropriate division of roles
both among all levels of government and among public and private
sector decision-makers. Integrating into one complete and coherent
financial architecture such bold ideas as a 'People's Fed,' an
interdepartmental National Investment Council, integrated state and
regional public banks, a Democratic Digital Dollar and digital
Taxpayer Savings and Transaction Accounts made part of the monetary
policy transmission belt, and an economy-wide Price Stabilization
Fund, this book is critical reading for policymakers and citizens
looking for a fresh path forward towards a revived and sustainable,
progressive and productive America.
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