Prior to the outbreak of the COVID-19 pandemic, it was believed that globalisation would lead to development and prosperity. However, the whole scenario has changed now with almost every part of the world under some form of lockdown, which has posed a major challenge to the fulfillment of the demand for various goods and services. […]
What Indigenous Wisdom Can Teach Us About Economics
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 virus borne of disrupted ecosystems assaults the lungs of human beings. And as economic […]
A wakeup call for local resilience
The lead article in a recent edition of my hometown newspaper highlighted the efforts of a local teen and a sewing business to create 1,000 masks for area hospitals. While this is a wonderful development, it shouldn’t have come to this. The urgent and growing demand for N95 masks and other medical supplies for treating […]
We Will Survive the Coronavirus. Will We Survive Ourselves?
What an astonishing slap in humanity’s face, this coronavirus. But the silver lining is that it is also a rude wake up call. I say ‘silver lining’, for at the centre of this is a massive humanitarian crisis of illnesses and deaths – and for working classes who cannot switch to ‘online’ work, whose workplaces […]
Comparative Resilience: 8 Principles for Post-COVID Reconstruction
This past weekend, a bright Georgetown undergraduate asked me how I squared my passion for localization with the theory of comparative advantage. For economics newbies, he was referring to David Ricardo’s argument that every community should find one product to specialize in and trade for everything else. I gave my usual response that the theory […]
Coronavirus and the Death of ‘Connectivity’
The Covid 19 pandemic is the second major crisis of globalization in a decade. The first was the global financial crisis of 2008-2009, from which the global economy took years to reach a semblance of recovery. We did not learn our lessons from the first, and this is perhaps why the impact of the second […]
5 ways coronavirus could help humanity survive the ecological crisis
The human tragedy of the coronavirus is immense. Thousands have died, hundreds of thousands have been infected globally, and millions more have been affected. Whilst infectious disease has always been a part of the human experience, the expansion of industrial civilization has inexorably amplified the risk of new diseases. Uncontrolled industrial expansion also dangerously heats […]
Step Aside Agribusiness: It’s Time for Real Solutions to the Climate Crisis
The recent UN Climate Action Summit was tricky for agribusiness CEOs. With forest fires raging in the Amazon, a damning new report about the food system by the International Panel on Climate Change (IPCC), and millions of young people out in streets clamoring to shut down fossil fuels and factory farming, it wasn’t easy for […]
Resist Globally, Renew Locally
A recent discussion forum among the members of The Great Transition Network focused on “The Promise and Pitfalls of Localism.” My friend and colleague Brian Tokar started the discussion by noting that even though there is a resurgence of progressive action at the local level, “reactionary nationalist movements in Europe and beyond seek to position […]
Local is Our Future
[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 […]