Why is the U.S. Helping Finance Fossil Fuels Overseas?

by Bruce Nilles

In a blog post this week, United States Export-Import Bank President Fred Hochberg paints a rosy picture of future trade relations between the United States and key emerging markets such as India and South Africa - one which envisions a revamped American economy fueled by export trade that feeds a growing middle class.

Yet despite this rhetoric, Ex-Im Bank is not only failing to finance a clean energy economy, but it is also saddling dynamic emerging markets with 19th century fuels by propping up an industry only able to survive in a 21st century economy through political maneuvering, enormous subsidies, and misleading PR campaigns.

continued at Daily Kos....

Join more than 100 candidates in the Green New Deal Coalition

by greenferret

On July 14th, Green Change announced the campaign for a Green New Deal, a 10-point program to create economic prosperity together with ecological sustainability.

Since then over 100 candidates for elected office at all levels have joined the Green New Deal Coalition.

The Green New Deal Coalition will cut military spending, create millions of green jobs, and revive the economy by protecting the planet we depend on.

continued at Daily Kos....

Globalization, A Pictorial History

by Richard Lyon

The term globalization came into use in academic circles during the 1950s. By the 1990s it had entered the mainstream vocabulary. Today it is thought of as something that is almost inseparable from the neoliberal economic and political policies that are dominating the process. People who are actively opposed to those policies speak in terms of stopping globalization. The basic purpose of this diary is to present the process of globalization in an historical context that separates it from today's realities. I plan to write other diaries on neoliberalism. This diary will be used as background for those. I wish to make it clear at the outset that I am no fan of neoliberalism. However we will see that there have been a number of points in history where a process of geographical integration has been controlled by one group of people to impose their interests on other people.  

continued at Daily Kos....