Skip to main content
Default Image

Could a Socialist Plot Save the Planet?

In this article, Kate Aronoff describes the feasibility of a new proposal published by The Next System Project, a vision that combines Modern Monetary Theory with the urgent need to scale down fossil fuel consumption:

“For some, though, nationalization is not such a radical proposal. A new working paper from the Next System Project (NSP)—authored by Gar Alperovitz, James Gustave Speth, Ted Howard and Joe Guinan—outlines a plan for the U.S. government to take over the fossil fuel industry, using $1.15 trillion in public funds to do it. If the red-baiting tactics Clinton’s campaign used against Sanders are any sign, making it happen under her administration will be an uphill battle, to say the least.”

Read full article.

Publication date: 2016-10-17
Parent publication: In These Times
Publication URL: http://inthesetimes.com/article/19560/could-a-socialist-plot-save-the-planet

More related work

Medicine Cost

Americans deserve publicly owned generic drugs

Bold policies could have saved America’s largest generic drug plant, but it’s never too late to start putting communities first.

read more
Illustration courtesy of United Nations

All health is public health: Busting the myths of choice and commodity

For decades, we have been sold a myth of private health. It is a myth that our health is largely a product of individual choices and personal responsibilities. It is a myth that our healthcare is a service that private corporations can provide, and for which we must pay to survive. But the COVID-19

read more
Neil McInroy (Source: Coop News)

Neil McInroy joins TDC to advise stepped-up community wealth building program

The former CEO of a leading UK economic think tank will be central in helping build capacity to offer powerful new technical assistance to cities and local authorities pursuing community wealth building strategies.

read more