The Green-Market System

Book excerpt: Parallel economies and their currencies Parallel economies (with their currencies) have flourished in the past and still exist today. Their underlying principles and advantages have often been overlooked by economists, despite their potential to foster pivotal changes. This last statement makes it meaningful to draw insights from historical and actual instances of such economies. to reduce inequalities... and contain global warming In continuation, could an innovative parallel economy fit into the modern society? As the middle class is complaining about inequalities and rejects the costly fight against global warming, could a parallel economy help the underprivileged, alleviate the cost of decarbonization, and win over a sufficient majority? Could the last chapter with its Green-Market System work? To be successful, such a System must create jobs with good wages... and convincingly cut down CO2 emissions. Would this System be too good to be true?