A Green Purple Red New Deal: Rebuilding an Economy for All in the Aftermath of the Pandemic

Authors

  • Özlem Onaran University of Greenwich, United Kingdom

Keywords:

Care Economy, Employment, Fiscal Policy, Functional Income Distribution, Gender Wage Gap, Green Investment, Physical Infrastructure, Productivity, Purple Investment, Social Infrastructure, Wealth Concentration, Wealth Tax

Abstract

This paper discusses the building blocks of a paradigm shift for a needs-based approach to macroeconomic policy to tackle the multiple crises of inequalities, care and climate change in the aftermath of the pandemic, and outlines a “green, purple, red” policy mix of increasing public spending in the care and green economy, labor market policies and progressive taxation of both income and wealth.

JEL classification: E1 ; E2 ; E62

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Published

2022-05-27

How to Cite

Onaran, Özlem (2022) “A Green Purple Red New Deal: Rebuilding an Economy for All in the Aftermath of the Pandemic”, Ensayos Económicos, (79), pp. 119–130. available at: https://bcra.ojs.theke.io/ensayos_economicos_bcra/article/view/91 (accessed: 27 February 2025).

Issue

No. 79 (2022): Ensayos Económicos

Section

Articles