The Green New Deal is comprised of four parts aimed at creating a more sustainable future for the United States and the world. It was proposed by the Green Party, specifically former presidential candidate Jill Stein during her campaign. This was inspired by The New Deal (and sometimes even called the New New Deal) that supported the economy after the Great Depression in 1936. The plan combines parts of the original plan enacted by President Roosevelt like economic reforms with more modern solutions like renewable energy. One of the four main steps in the Green New Deal was The Economic Bill of Rights, which is a plan to create jobs, give people fair pay and a more ideal healthcare system, better education, and a mirage of other affordable and fair rights like limits on taxation and affordable utilities.
Step two has been dubbed A Green Transition, in which support is giving to companies and research that put a priority on being environmentally friendly. Grants and other such funds will be provided from the government as an incentive for having “green” practices.
Another step involved in the Green New Deal is Financial Reform, but a lot of emphasis is put on the fact that this is a “real” reform, including reducing debts like student or home loans, breaking up banks that the official Green New Deal page on the Green Party website has called “too big to fail,” and creating a new financial system that is “open, honest, stable, and serves the real economy rather than the phony economy of high finance,” among many other things.
The final step the new deal plans to put in action is A Functioning Democracy, the most vital step for the plan to work according to Stein. This part includes plans to remove “personship” from corporations, and by extension their rights, supporting freedom of speech by protecting local broadcast- and print-media, and reducing spending on the military, as well as many other things that can all be found on the official Green New Deal website.
Charlee Hart
Contributing Writer