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

Ozlem Onaran

Ensayos Económicos, 2022, vol. 1, issue 79, 119-130

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.

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 (search for similar items in EconPapers)
JEL-codes: E1 E2 E62 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bcr:ensayo:v:1:y:2022:i:79:p:119-130

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