The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it. However, taxing the rich is not what the Green New Deal resolution proposes.
This conversation IS THE KEY!!!
The block Chain technology - and I am not advocating purchase of cryptocurrency - is also an innovation that the existing system is doing its damnedest to compromise and usurp. In the long run, one thing that can do is eliminate the ‘middleman’, a condition of vulnerability for all sorts of corruption. In the hands of a publicly held institution, with innovation to policy, it just might be possible to regenerate a squeaky clean system of, by and for We The People.
On tax havens:
End public contract eligibility for companies operating out of tax havens
Create public registries of the beneficial owners of companies, trusts and foundations
Introduce full transparency of deals and secret agreements between companies and governments
Introduce public country by country reporting by multinational companies
Introduce automatic information exchange between all countries
You talk about talking about political economy, but do not address it. Try presenting some specifics for a change. On the national scale it is manipulated to appear impenetrable, whereas at the local and regional level, IF people engage, the picture can changer sharply.
Is there any reading material or organization you would suggest?
Brown mentioning the GOP’s 1957 destruction of FDR’s Reconstruction Finance Corporation (RFC) is just one more reminder that a majority of our current economic problems could be solved by simply resurrecting New Deal programs and regulations that have been destroyed by the best Congress money can buy during the past 65 years.
Much less successful has been the UK’s Green Bank
Public banking is a great idea but we can see by it’s funding of biomass forest burning it is not error proof.
Infatuation with burning anything is a problem. And who is this mister good-guy who owns windmills to the horizon? What kind of role model is that for a people’s bank funding project?
Always look forward to your informative articles and how you presents your facts so we all can understand. So simple of a solution but unattainable here in the US as the banks/oligarchs own our government. What a pitiful situation when we the people outnumbered the oligarchs and politicians and we cannot move forward into the 21st Century. Just think of all the jobs it would create and a real environment of competition. It is a disgrace.
By making the collective US more valuable with such capital improvements as renewable energy source development, we could actually increase the collateral value of the full faith and credit of the US dollar without borrowing at interest. Ellen Brown for chairperson of the board of economic advisers!