When the East India Company set up in India, the commodities they originally traded included hundreds of unique artifacts made in India, including textiles whose quality has never been surpassed. As the EIC set up a subsidiary called the Government of India for collecting revenue to send back to London, the aim gradually shifted to […]
Globalization and the American Dream
This blog is also available in Spanish. “… America is a new kind of society that produces a new kind of human being. That human being – confident, self-reliant, tolerant, generous, future-oriented – is a vast improvement over the wretched, servile, fatalistic and intolerant human being that traditional societies have always produced.” — Dinesh D’Souza, What’s […]
The Paris Climate Talks: A Nepali View
Before the COP21 meetings in Paris, I had never attended an international negotiation of any kind. Perhaps as a result, I participated in the event without preconceptions. Based on my experiences at the talks, I brought back to Nepal new and sometimes alarming understandings that will guide me in my continued activism for justice and […]
Globalization and Terror
For people in the modern world, there may be nothing more difficult to comprehend than the group calling itself the Islamic State, or ISIS. The beheadings, rapes, and other acts of cruelty seem beyond understanding, as does the wanton destruction of priceless ancient monuments. Perhaps most mystifying of all is the way ISIS has been […]
Small Loans, Big Problems: The False Promise of Microfinance
Ever since Bill Clinton and the World Bank enthusiastically embraced the microfinance concept in the 1990s, we at Local Futures have been skeptical of its benefits, seeing it as part of a whole package of “market solutions” to our social and environmental crises that, in the long run, make things much worse. We have pointed […]
The Global Economy’s “Impeccable Logic”
By Steven Gorelick Ever since the Occupy movement coined the terms “the 1%” and “the 99%” to point out disparities of wealth and power, the gap between rich and poor has received a lot of attention. In his highly-regarded 2014 book, Capital in the Twenty-first Century, for example, Thomas Piketty’s central thesis is that wealth […]
Building a Village: Lessons in Urban Living from South Korea
“This is a very special house. It’s called the House of Happiness through Communication. People live here like a big family.” Our guide was 12 year-old Seon Jae, and we were standing in front of an unremarkable-looking 3-story brick building in Mapo-gu, a district of the high-rise metropolis of Seoul, South Korea. We were there […]