Financing the Green New Deal: A Plan of Action and Renewal
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.