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In 2008 the first Green New Deal was devised by Pettifor and a group of English economists and thinkers, but was ignored within the tumults of the financial crash. A decade later, the ideas were revived by the democratic socialists in the US, with Alexand
According to leading economist Ann Pettifor, one of the few people to predict the 2008 financial crisis, money is not a commodity but a promise. This radical reconsideration of the power of money means that we can reimagine the way the economy works. The
The global market in money - housed in the offshore 'shadow' banking system - holds $217 trillion in financial assets and operates beyond the reach of any nation's taxman. Asset managers, private equity firms, and pension and sovereign wealth