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Equitable Green New Deal (GND)

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  • Julia M. Puaschunder

    (The New School, Department of Economics, School of Public Engagement, New York)

Abstract

The Green New Deal (GND) is a governmental strategy to strengthen the United States economy and foster inclusive growth. The GND is targeted at sharing economic growth benefits more equally within society. How to align economic interest with justice and fairness notions is the question of our times when considering the massive challenges faced in terms of environmental challenges, healthcare demands and social justice pledges. First, this paper will outline what the GND is, how the GND is implemented and why it matters in its multiple implementation facets and international angles. Second, the Green New Deal will be presented as a possibility to make the world and society more equitable in the domains of environmental justice, access to affordable healthcare and social justice excellence. Ethical imperatives and equity mandates lead the economic rational behind redistribution in the GND as social peace, health and favorable environmental conditions are prerequisites for productivity. The GND offers hope in making the world and society but also overlapping generations more equitable and thus to bestow peace within society, around the world and over time. In answering the question if the GND is equitable, one has to acknowledge that the GND is a fairly novel phenomenon with international variations and diverse implementation strategies.

Suggested Citation

  • Julia M. Puaschunder, 2021. "Equitable Green New Deal (GND)," RAIS Conference Proceedings 2021 0051, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:lpaper:0051
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    References listed on IDEAS

    as
    1. Julia M. Puaschunder, 2021. "Monitoring and Evaluation of the Green New Deal and European Green Deal," RAIS Conference Proceedings 2021 0041, Research Association for Interdisciplinary Studies.
    2. Anastasia Golofast & Antoine Verret-Hamelin & Benjamin Wilson & Désirée Bussi & Douglas Bowles & Federico Perali & Julia M. Puaschunder & Lara McKenzie & Li-li Chen & Marta Gonçalves Pimenta De Brito , 2018. "Intergenerational Responsibility in the 21st Century," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 1, number 135.
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    Cited by:

    1. Julia M. Puaschunder, 2022. "Finance after the Great Reset: Resilience Finance, Responsible Investment and Finance Politics," RAIS Conference Proceedings 2022-2024 0221, Research Association for Interdisciplinary Studies.

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    More about this item

    Keywords

    Access to Affordable Healthcare; Climate Change; Economics of the Environment; Environmental Justice; Environmental Governance; Green New Deal; Healthcare; Monetary Policy; Multiplier; Social Justice; Sustainability;
    All these keywords.

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