What Indigenous Wisdom Can Teach Us About Economics

This blog is also available in Dutch, French, German, Greek, Italian, Russian and Spanish. The crises of the modern world verify what indigenous cultures have always known: that all phenomena are inextricably interconnected. As the Amazon – one of the most vital organs of the Earth – is razed to fuel the global economy, a…

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The Key to the Environmental Crisis is Beneath Our Feet

The Green New Deal resolution that was introduced into the U.S. House of Representatives in February hit a wall in the Senate, where it was called unrealistic and unaffordable. In a Washington Post article titled “The Green New Deal Sets Us Up for Failure. We Need a Better Approach,” former Colorado governor and Democratic presidential…

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Is 5G Worth the Risks?

In recent months there’s been a lot of talk about 5G – the next generation of wireless technology. 5G is being touted as a necessary step to the ‘internet of things’ – a world in which our refrigerators alert us when we’re low on milk, our baby’s diapers tell us when they need to be…

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Tosepan: Resistance and Renewal in Mexico

This blog is also available in Russian and Spanish. 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.…

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Why Growth Can’t be Green

Warnings about ecological breakdown have become ubiquitous. Over the past few years, major newspapers, including the Guardian and the New York Times, have carried alarming stories on soil depletion, deforestation, and the collapse of fish stocks and insect populations. These crises are being driven by global economic growth, and its accompanying consumption, which is destroying…

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Reading Tagore to Become Human

In 1922, Rabindranath Tagore published one of his most important works, the play Mukta-Dhara. The story, rich in symbolism, is a simple yet powerful one. A child of mysterious birth is found abandoned by a mountain waterfall. He is adopted by the royal family and raised as the crown-prince, Abhijit. As he turns into a…

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Local Finance Made Simple

The nature of money is to abstract value. That is its role. It stands in place of an actual good or service. If I fail to have the basket of potatoes you are seeking in exchange for the wool from your sheep, I can instead pay for the wool in dollars or BerkShares or Brixton…

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Farewell to Development: An interview with Arturo Escobar

Arturo Escobar is co-editor of The Post-Development Dictionary and author of Design for the Pluriverse. He was interviewed by Allen White, Senior Fellow at the Tellus Institute, sponsor of the Great Transition Initiative, where a slightly longer version of this interview first appeared.   Allen White: You have argued that the conventional understanding of development…

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The Problem with Techno-Optimism

Today there are high hopes for technological progress. Techno-optimists expect massive benefits for humankind from the invention of new technologies. Peter Diamandis is the founder of the X-prize foundation, whose purpose is to arrange competitions for breakthrough inventions. His aim is “a world of nine billion people with clean water, nutritious food, affordable housing, personalized…

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Globalization’s Blowback

A recent study of air pollution in the western United States made a startling finding: despite a 50 percent drop over the past 25 years in US emissions of smog-producing chemicals like nitrogen oxides (NOx), smog actually increased during that period in the rural US West – even in such ‘pristine’ environments as Yellowstone National…

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