Visit the average university campus and it is likely that the newest and most ostentatious building will be occupied by the business school. The business school has the best building because it makes the biggest profits (or, euphemistically, “contribution” or “surplus”) – as you might expect, from a form of knowledge that teaches people how […]
Localization: a Strategic Alternative to Globalized Authoritarianism
This blog is also available in Chinese, Dutch, French, Greek, Italian, Russian, Slovak, Spanish and Turkish. For those who care about peace, equality and the future of the planet, the global political swing to the right over the past few years is deeply worrying. It has us asking ourselves, how did this happen? How did […]
The Curse of Bigness
The next time I hear a politico or banker or corporate executive talk about institutions “too big to fail,” I’ll direct them to the 34 percent of Americans who are obese. Last I heard, these big Americans, themselves a kind of cultural institution, were failing en masse, racked by diabetes, asthma, heart trouble, and bound […]
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 […]
CTRLshift: An Emergency Summit for Change
In Britain, these days, all the essential endeavors that are supposed to promote general wellbeing and what is known as “civilization” are, it is widely agreed, in crisis: health and social services; housing; education; energy; transport; and of course, though successive governments haven’t taken it seriously, agriculture. Oh yes, and then there’s “the environment” – […]
Where Time Went (and why we have so little left)
“Sleeker. Faster. More Intuitive” (The New York Times); “Welcome to a world where speed is everything” (Verizon FiOS); “Speed is God, and time is the devil” (chief of Hitachi’s portable-computer division). In “real” time, life speeds up until time itself seems to disappear—fast is never fast enough, everything has to be done now, instantly. To […]
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 […]
Livin’ the Screen Life: #productsmakemehappy
Important official legal disclaimer: This is a short work of fiction. Any resemblances to real people, people you may know, people you think you may know, etc., is entirely deliberate. When I’m at work I’m staring at a screen. When I’m not at work I’m staring at screens. Checking social media. Scrolling through updates. Scrolling […]
In Defense of Degrowth
The economist Branko Milanovic recently wrote a blog post titled “The illusion of degrowth in a poor and unequal world.” He penned it, he says, following a conversation he had with a proponent of degrowth. As it turns out, that proponent was me. First, let me say that I have a lot of respect for […]
From Growth to Degrowth: a brief history
The notion of economic growth as a regular, ongoing, self-sustained process no longer holds up to critical analysis. Even during what’s been called “The Glorious Thirty” – the years between the end of World War II and the 1974 oil crisis – growth occurred almost solely in industrialized countries and involved a minority of the […]