Green New Deal: A Green Way out of the Crisis?
The multi-dimensional nature of the current crisis requires a holistic approach in addressing economical, social and ecological problems. Following the crisis, several organizations started to publish reports on a concept called Green New Deal with reference to the New Deal policies of the 1930s in USA. Since then the concept started to gain increasing popularity among the public. On the other hand, it fueled a heated discussion between its supporters and ecosocialists. The aim of this paper is to highlight the points at which GND supporters and ecosocialists converge and diverge, and discuss critically the transformative capacity of different GND proposals. We conclude that GND policies can help to set the stage for the transformation long sought by ecosocialist agenda, and hence from this perspective, these two approaches can be seen as complementary rather than substitutes.
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| Date of creation: | 10 Apr 2012 |
| Handle: | RePEc:pra:mprapa:49553 |
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References listed on IDEAS
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- van den Bergh, Jeroen C.J.M., 2011. "Environment versus growth -- A criticism of "degrowth" and a plea for "a-growth"," Ecological Economics, Elsevier, vol. 70(5), pages 881-890, March.
- James Crotty, 2009.
"Structural causes of the global financial crisis: a critical assessment of the 'new financial architecture',"
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Oxford University Press, vol. 33(4), pages 563-580, July.
- James Crotty, 2008. "Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture’," Working Papers wp180, Political Economy Research Institute, University of Massachusetts at Amherst.
- James Crotty, 2008. "Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture’," UMASS Amherst Economics Working Papers 2008-14, University of Massachusetts Amherst, Department of Economics.
- Nicholas Stern, 2008. "The Economics of Climate Change," American Economic Review, American Economic Association, vol. 98(2), pages 1-37, May. Full references (including those not matched with items on IDEAS)
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