[The following is an excerpt from the first chapter of Local is Our Future: Steps to an Economics of Happiness, a new book by Helena Norberg-Hodge, published by Local Futures in July 2019.]For our species to have a future, it must be local.The good news is that the path to such a future is already being forged. Away from the screens of the mainstream media, the crude ‘bigger is better’ narrative that has dominated economic thinking for centuries is being challenged by a much gentler, … [Read more...]
Connecting the Dots: Insane Trade and Climate Chaos
Imagine a world where food routinely gets shipped thousands of miles away to be processed, then shipped back to be sold right where it started. Imagine cows from Mexico being fed corn imported from the United States, then being exported to the United States for butchering, and the resulting meat being shipped back to Mexico, one last time, to be sold. Imagine a world in which, in most years since 2005, China has somehow managed to import more goods from itself than from the USA, one of its … [Read more...]
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...]
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...]
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...]
To Leave or Remain: Dichotomy or Distraction?
Ever since the Brexit referendum was first announced, we have been bombarded by an array of starkly contradictory pronouncements – from the Leave camp’s now infamous claim that withdrawal from the EU would release £350 million a week for the NHS to the former Chancellor George Osborne’s assertion that Brexit would leave the UK “permanently poorer”. At first glance, the two sides seem to have almost nothing in common; these are polar opposites. Dig beneath the surface, however, and a fundamental … [Read more...]
Ten Years After the Crash: more of the same, or a new beginning?
The year 2008 was a momentous one. The ‘anniversary’ headlines are of course all about the financial crash. As Nick Mathiason in The Guardian put it at the time: "It was the year the neo-liberal economic orthodoxy that ran the world for 30 years suffered a heart attack of epic proportions." While the global establishment panicked, governments rallied round and got the flatlining monitor back up again by pumping in trillions of dollars to stop the world banking system from collapsing. The … [Read more...]
Localization: a strategic alternative to globalized authoritarianism
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 populism turn into such a divisive and destructive force? How did authoritarianism take over the political scene once again?From my 40 years of experience working in both industrialized and land-based cultures, I believe the primary reason is globalization. When I say globalization, … [Read more...]