Climate scientists warn that immediate action is essential to prevent an irreversible climatic tipping point that threatens the survival of many species, including our own. This crisis is likely to exacerbate socio-economic injustices and political instability, particularly in nations already affected by environmental challenges. Therefore, comprehensive planning is crucial. This book, authored by a key architect of the Green New Deal and prefaced by a former Chief of Staff to Representative Alexandria Ocasio-Cortez, outlines a financial framework that promotes financial and economic inclusion, democratic decision-making, and a clear division of responsibilities among government levels and public-private sectors. It presents a cohesive financial architecture that includes innovative concepts like a 'People's Fed,' a National Investment Council, state and regional public banks, a Democratic Digital Dollar, and Taxpayer Savings and Transaction Accounts integrated into monetary policy. Additionally, it proposes an economy-wide Price Stabilization Fund. This work is essential for policymakers and citizens seeking a sustainable, progressive, and productive future for America.
Robert C. Hockett Books



Exploring the intersection of cryptocurrency, digital payments, and central bank digital currencies, this groundbreaking book addresses the urgent need for democratic societies to adapt to rapid financial innovations. It highlights the potential threats posed by fintech and CBDCs, particularly in light of China’s advancements. The author argues for a proactive approach to digitizing currencies and payment systems in the U.S., emphasizing the importance of maintaining democratic values while modernizing financial infrastructures, including the Federal Reserve.
Focusing on the Federal Reserve System's historical context and evolving goals, the author synthesizes 15 years of research to revive the original vision of the Fed from the early 20th century. The book addresses contemporary challenges, particularly America's quest to regain its productive dominance after years of outsourcing and deindustrialization. It offers a thoughtful analysis of how the Fed can adapt to meet the demands of the 21st century.