Limits to Investment: Finance in the Anthropocene

Fullerton, John

In the latest publication in Great Transition Initiative’s sustainable development series, John Fullerton challenges the preeminence of modern finance. Limiting finance capital and the environmental deterioration and social instability that it encourages, Fullerton writes, requires transforming our economic system. By broadening public ownership of finance, through such means as sovereign wealth funds, public banking, and public utilities, Fullerton contends that nations can limit environmental degradation and manage long-term growth. 

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