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Growthism: its ecological, economic and ethical limits
We have many problems – poverty, unemployment, environmental destruction, climate change, financial instability, etc. – but only one solution for everything, namely economic growth. We believe that growth is the costless, win-win solution to all problems, or at least the necessary precondition for any solution. This is growthism. It now creates more problems than it solves.A journey of no return, not a circular economyThe economic process is not a mechanical analog that can be run … [Read more...]
How bad is global inequality, really?
Most everyone who’s interested in global inequality has come across the famous elephant graph, originally developed by Branko Milanovic and Christoph Lakner using World Bank data (see below). The graph charts the change in income that the world’s population have experienced over time, from the very poorest to the richest 1%.We can update the elephant graph using the latest data from the World Inequality Database, which covers the whole period from 1980 to 2016 using a method … [Read more...]
Saving Japan’s seed heritage from “free trade”
I recently had the opportunity to interview Masahiko Yamada, formerly Japan´s Minister of Agriculture and now one of the country´s foremost food sovereignty activists. We met at an international Economics of Happiness Conference in Prato, Italy, where Yamada delivered a keynote speech about the birth of a new citizens’ movement to protect Japan´s food-crop heritage from corporate take-over.Keen to learn more, I ask Yamada for an interview before he departs Italy. With only an hour to spare, … [Read more...]
Why the “Anthropocene” is not “Climate Change”
“Anthropocene” is a widely proposed name for the geological epoch that covers human impact on our planet. But it is not synonymous with “climate change,” nor can it covered by “environmental problems.” Bigger and more shocking, the Anthropocene encapsulates the evidence that human pressures became so profound around the middle of the 20th century that we blew a planetary gasket. Hello, new Earth System. Hello, Anthropocene.The phrase “Earth System” refers to the entirety of our planet’s … [Read more...]
Tosepan: Resistance and Renewal in Mexico
Since the mid-1980s, Mexico has been a poster child for globalization. Through free trade treaties and structural adjustment policies imposed by international financial institutions, the country has been “liberalized” – opened up to unfettered corporate investment and imports – to an extent matched by few other countries. Though the North American Free Trade Agreement (NAFTA) is the most well-known trade treaty to affect Mexico, it is but the first and largest of numerous multilateral and … [Read more...]
Education, jobs and capitalism
American capitalism has a hate-love relationship with the nation’s schools. On the “hate” side is a stream of complaints from business leaders and organizations about the many students, particularly in city schools, who fail achievement tests, are high school dropouts or, if they complete high school, do not have the academic qualifications for college and advanced-skills education. Given these educational failings, they ask, how will the nation’s economic system obtain the workforce needed for … [Read more...]
Old Mother Forest
I live across a small stream from an ancient rainforest in Wayanad, Kerala. It has a constancy that’s baffling, appearing more or less the same to me for all the years I’ve been here. The forest sustains. As do you and I. Tangled beings brought together by strange and bewildering feats of alchemy. No matter what we name this tangle, it is before and beyond all words, all naming. Walk in the forest and abandon your notion of a separate self and embrace instead the communal mind, this pullulating … [Read more...]
Groomed to Consume
With Christmas coming up, household consumption will soon hit its yearly peak in many countries. Despite homely pictures of tranquility on mass-produced greeting cards, Christmas is more about frenzied shopping and overspending than peace on earth or quality time with family and friends. As with so much of our lives, the holidays have been hijacked by the idea that satisfaction, even happiness, is only one more purchase away.Two generations ago, my Norwegian grandmother was overjoyed as a … [Read more...]
Degrowth: A Call for Radical Abundance
When orthodox economists first encounter the idea of degrowth, they often jump to the conclusion that the objective is to reduce GDP. And because they see GDP as equivalent to social wealth, this makes them very upset.Nothing could be further from the truth.I reject the fetishization of GDP as an objective in the existing economy, so it would make little sense for me to focus on GDP as the objective of a degrowth economy. Wanting to cut GDP is as senseless as wanting to grow it.The … [Read more...]
Unlike a Globalized Food System, Local Food Won’t Destroy the Environment
If you’re seeking some good news during these troubled times, look at the ecologically sound ways of producing food that have percolated up from the grassroots in recent years. Small farmers, environmentalists, academic researchers and food and farming activists have given us agroecology, holistic resource management, permaculture, regenerative agriculture and other methods that can alleviate or perhaps even eliminate the global food system’s worst impacts: biodiversity loss, energy depletion, … [Read more...]