The first thing to understand about the proposed "Green New Deal" is that the first New Deal not only failed to end the Great Depression but made it more severe and longer-lasting. Its only "success" was in creating endless patronage opportunities and levers of political bribery and extortion for the Democratic Party, opportunities that the Republican Party happily embraced whenever it could to expand its own power and wealth in the succeeding decades. The proposed Green New Deal would do the same, only many orders of magnitude worse.
-Thomas DiLorenzo
Read on:
https://www.lewrockwell.com/2019/01/thomas-dilorenzo/green-socialism-is-still-socialism/