Tuesday, September 13, 2011

Why neoliberalism will lead to Chinese domination


Meanwhile, the US and UK governments have available the lowest-cost finance of any governments in living memory, and our multinationals are sitting on mountains of cash.

How much difference do you think we could make to the balance of foreign trade for energy if some of that money was invested in home-produced renewable energy?

Or are we just betting that the Chinese will suffer more from climate change than we will?

I wish we were looking that far forward, but we're not.

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