The worldview that informs contemporary global culture was conceived during the European ‘Enlightenment’ of the 17th century. Its shortcomings have become increasingly evident today, and they are beginning to be seen as the root cause of the many seemingly intractable global problems that confront us today. This essay presents an overview of an alternative worldview.
Modernity’s dominant narrative of material progress– which represents an industrial model of development–gives priority to economic growth and a rising standard of living. It is being increasingly challenged by the alternative narrative of sustainability, which seeks to balance social, environmental and economic priorities and goals to achieve a high, equitable and lasting quality of life.
Kirankumar Vissa writes; Everyone in the media has been talking about the slew of pro-farmer measures included in Budget 2017, how it is a Budget for the ‘have nots’ and one that will give a big fillip to agriculture. It is time to call this Budget what it is–a big prank on India’s farming community.
A wave of revulsion rolls around the world. Approval ratings for incumbent leaders are everywhere collapsing. Symbols and slogans trump facts and nuance. One in six Americans now believes that military rule would be a good idea. From all this I draw the following, peculiar conclusion: no country with a McDonald’s can remain a democracy.
Western liberal democracies dominate the top rankings of progress indices. But are they the best models of development when their standard of living is unsustainable and their quality of life is, arguably, declining? Only when environmental impacts are given significant weight, as in the Happy Planet and Sustainable Society indexes, does this ranking change substantially.
A new study released by Oxfam ahead of the World Economic Forum meeting shows that just 57 billionaires in India now have same wealth ($ 216 billion) as that of the bottom 70 per cent population of the country. Globally, just 8 billionaires have the same amount of wealth as the poorest 50 per cent.
As 2017 dawns, in a great many ways, modern industrial civilization has flung itself forward into a darkness where no stars offer guidance and no echoes tell what lies ahead… We’re not discussing the end of the world; events like those that can be found repeated many times in the histories of other failing civilizations.
Steve Keen, Professor of Economics at Kingston University London, is a long time critic of conventional economic thought, and is also developing an alternative dynamic approach to economic modelling. In this interview with Steven Sackur on BBC HardTalk, he tackles the prospect for a debt-deflation on the back of the enormous private debts accumulated globally.
George Monbiot in The Guardian: The rise of celebrity culture did not happen by itself… It is hard for people to attach themselves to a homogenised franchise, owned by a big corporation. So the machine needs a mask. It must wear the face of someone we see as often as we see our next-door neighbours.
Colin Todhunter writes: Data from the Multi-dimensional Poverty Index indicates that 20 years ago, India had the second-best social indicators among the six South Asian countries, but now it has the second worst position. Bangladesh has less than half of India’s per-capita GDP but has infant and child mortality rates lower than that of India.
Live Mint reports: The richest 1% of Indians now own 58.4% of the country’s wealth, according to the latest data on global wealth from Switzerland based Credit Suisse Group AG. In the last two years, the share of the top 1% has increased at a cracking pace, from 49% in 2014 to 58.4% in 2016.
Andreas Malm writes: Mainstream climate discourse is positively drenched in references to humanity as such, human nature, the human enterprise, humankind as one big villain driving the train. Enter Naomi Klein, who in ‘This Changes Everything’ lays bare the myriad ways in which capital accumulation pour fuel on the fire now consuming the earth system.
When we get our story wrong, we get our future wrong. Much like the Trans-Pacific Partnership “trade deal”, everything we’re told about capitalism and our economy is a pack of lies. Time for a new story, says preeminent scholar and critic of corporate globalization, David Korten, the best-selling author of ‘When Corporations Rule the World’.
On the eve of the American presidential election, where the two leading candidates offer little hope for climate action, it’s worth revisiting this hard-hitting 2006 article by Chad Harbach, who warned, “(Other countries) will do nothing until the United States demonstrates that a grand-scale transition to renewable energy can be achieved by big industrial countries.”
Development is more than an ideology; it is an ideology in service to an economic necessity which, in turn, is not a real necessity but contingent on a growth dependent debt-based financial system. Until that system changes, the pressure to develop— to convert natural resources into commodities and social relationships into services— will not abate.
Anandi Sharan writes: Devinder Sharma is a founder member of Kisan Ekta, that claims to represent ‘400 million farmers, fishermen and farm workers’. But does Sharma, a close associate of the controversial yoga teacher-turned businessman Baba Ramdev, understand the ground reality of the politics of food, agriculture and hunger? Whose interests does Kisan Ekta serve?
Suraj Kumar Thube writes: Much of the naturalisation of the suicides has also got to do with the urban perception of rural areas and rural lifestyles. The oriental imagination still does not cease to colonise our minds in terms of perceiving the rural as a stagnant and unchanging space characterised by divisive notions of caste-consciousness.
A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment. In this court, a nation that tries to prosecute a corrupt CEO or ban dangerous pollution can be sued for millions, even billions of dollars for ‘interfering with profits’. A investigative series from BuzzFeed.
Professor Immanuel Ness, author of Southern Insurgency: The Coming of the Global Working Class which has India, China and South Africa as case studies, spoke to The Wire on trade unions and labour laws in India, social relations between labour and capital in the global south, merits of spontaneity in workers’ agitations and much more.
A new book, The Great Invention by Ehsan Masood, unveils the genesis of the Gross Domestic Product and how it shaped the modern economic paradigm. It comes at a time when a growing number of people are questioning this flawed metric. Down to Earth magazine presents exclusive excerpts from the book, followed by a debate.