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Will A Green New Deal Save the Climate, or Save Capitalism?

By: 
Shamus Cooke

After decades of neoliberal torment it’s easy to yearn for capitalism’s tranquil past, a simpler time that delivered stability, fairness, and progress.  This mythology around a golden age of U.S. capitalism is regularly conjured up by Bernie Sanders or Alexandria Ocasio-Cortez, who reference the New Deal-era programs that delivered democratic reforms and a massive investment in infrastructure.

Rooting herself in this myth, Ocasio-Cortez promotes a Green New Deal that, while still largely conceptual, strives to combine a massive jobs and green infrastructure project that will pivot the economy off the path of climate destruction towards a sustainable future with jobs for all.