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Every economic mobilization in American history has exploited marginalized people. The Home Owners' Loan Corporation (HOLC)-created during the New De… - Rhiana Gunn-Wright
" "Every economic mobilization in American history has exploited marginalized people. The Home Owners' Loan Corporation (HOLC)-created during the New Deal to provide loans to homeowners facing foreclosure-often labeled predominantly black neighborhoods as "high risk," which discouraged lending and encouraged redlining. Today, 74 percent of the neighborhoods labeled "high risk" are low- to middle-income neighborhoods, and 64 percent are predominantly minority-meaning that these areas are still racially and economically segregated to this day.
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About Rhiana Gunn-Wright
Rhiana Gunn-Wright (born 1988) is the Climate Policy Director at the Roosevelt Institute. She has worked with Alexandria Ocasio-Cortez as co-author of the Green New Deal.
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Additional quotes by Rhiana Gunn-Wright
Given the time frame, the climate crisis-vast, existential, worsening by the day-is solvable only through an economy-wide energy transition, which requires an economic mobilization. Only a national coordinated all-out push can ramp up production of clean energy infrastructure fast enough-and ramp down emissions fast enough.
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