Democratic presidential candidate Elizabeth Warren gestures as she speaks during a campaign stop at George Mason University in Fairfax, Virginia on May 16, 2019. Mandel Ngan | AFP | Getty Images

Democratic presidential candidate Elizabeth Warren on Tuesday called for aggressive government intervention in U.S. markets in a wide-ranging and detailed proposal to create jobs and pursue "fundamental" and "structural" economic changes. Warren wrote that her administration would: Actively manage the value of the U.S. dollar to boost exports

Create a new government agency that will produce four-year jobs plans and oversee trade policy

Increase annual investments in apprenticeship programs by 10 times

Require nearly all products made with government-funded research to be produced in the United States

Substantially increase spending on research and development and export promotion In an accompanying proposal also published Tuesday, Warren, of Massachusetts, wrote that her administration would invest $2 trillion over 10 years in climate-related research, manufacturing and exporting. The plan will help achieve the targets set out in the Green New Deal proposed earlier this year by Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Ed Markey, D-Mass.

Jobs proposal

"If we can aggressively intervene in markets to protect the interests of the wealthy and well-connected — as we have for decades with bailouts and subsidies — then we can damn well use all the tools at our disposal to protect the interests of American workers," Warren wrote in the jobs plan. The plans are the first of several that will outline Warren's vision for "economic patriotism." Her vision is a government-heavy approach to economic planning that contains seeds of President Donald Trump's populist "America First" policies while targeting the Washington corruption that has served as the chief antagonist for Warren's Senate career and 2020 presidential bid. Warren has so far set herself apart from a crowded Democratic field by releasing detailed policy outlines at a rapid clip. She has unveiled proposals to break up massive technology and agricultural companies, relieve student debt and curb the opioid crisis, among other measures. Her campaign has adopted the slogan "Warren has a plan for that," printing it on t-shirts and tote bags. One of the specifics that is likely to get the most attention is Warren's pledge to more actively manage the U.S. dollar, the most widely held currency in the world. In her plan, Warren cited a 2012 policy brief authored by two researchers at the Peterson Institute for International Economics that called for sharply reducing the U.S. trade deficit by taking steps to prevent other countries from manipulating their currencies. "The most effective tools available are those that would directly intervene in currency markets," the economist Robert Scott wrote in another article Warren cited. Scott noted the 2012 Peterson Institute brief, which recommended large purchases of foreign currencies, as well as the so-called "Market Access Charge" promoted by former World Bank economist John Hansen. The charge is essentially a tax on capital inflows. Warren also vowed to create a Department of Economic Development that will oversee trade policy and produce a National Jobs Strategy every four years. By centralizing trade policy, Warren wrote, her administration will fix a corruption problem that has existed across multiple administrations and which she said has promoted "deep ideological opposition to anything that might put the interests of American workers above the interests of multinational corporations or Wall Street."

Climate proposal