With $405 billion in sales last year, Wal-Mart is so big, it casts a global shadow across the lives of hundreds of millions of people, from California to China. David Moberg takes closer look at the controversial policies of the retail giant, which recently made a backdoor entry into India by acquiring e-commerce major Flipkart.
In this keynote address delivered at the King Abdullah University of Science and Technology, the Post Carbon Institute’s Nate Hagens discusses how our lives will be influenced by how we react to the coming era of harder to extract and more costly fossil fuels that will be combined with cleaner but less concentrated energy types.
Ashish Kothari & Aseem Shrivastava write: The growing protests of farmers around the country-last month’s protests in Mumbai being the latest-is not just a claim for dignity. Even more portentously, it calls into question the paradigmatic rationality of the reigning development model. Alternatives do exist, practised and conceived of at hundreds of sites in India.
Kevin Anderson writes in The Conversation: Most political and economic pontificators, buttressed by naysayers and established elites, remain incapable of seeing beyond their familiar 20th century horizon. But the 21st century is already proving how the future is a different country –one that could yet be shaped by alternative interpretations of prosperity, sustainability and equity.
Richard Eckersley writes: The core flaw in the dominant model of progress arises from the equation of progress with modernisation, especially the processes of cultural Westernisation and material progress (measured as economic growth). Global politics is based on this outmoded and increasingly destructive model of human progress and development. Can science change a dire situation?
Daniel O’Neill writes: If everyone on Earth were to lead a good life within our planet’s sustainability limits, the level of resources used to meet basic needs would have to be reduced by a factor of two to six times. These are the sobering findings of our research, recently published in the journal Nature Sustainability.
Atul Sood writes: Why are we not talking about the facts on the ground amidst the cacophonic discourse of the success of the Gujarat model? The need to impose Section 144 every time the Vibrant Gujarat Submit is organized symbolizes one pillar of ‘managing’ support for the model. The cultural narrative is the other pillar.
Most courses on energy deal with it in an instrumentalist manner, as if it were another substance that humans can tap and use for their benefit. Platform for Sustainability and Equity and Ecologise are pleased to announce an online course that places energy at the centre of all transformations— abiotic, biotic and in human society.
We know that economies need to grow, or they collapse. The wage disparity that high-wage countries have been experiencing in recent years is evidence that the world economy is already reaching energy limits. There are no longer enough jobs that pay well to go around. Any drop in energy supply will likely worsen the situation.
Some of the most celebrated scientific ideas and books of the 20th century may not be useful for us in this century, while lesser-known works of the past acquire new relevance. Here, then, is a selection of such works, along with an invitation for readers to critique and contribute their own suggestions to this list.
India’s income inequality in 2017 may be worse than what it was during the British Raj. According to a new paper titled ‘Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?’ penned by renowned economists Thomas Piketty and Lucas Chancel, India witnessed a sharp rise in the incomes of top 1 per cent post 1980s.
Shelley Kasli writes: Recent changes in India’s foreign direct investment policy allows 100 percent FDI (from current 49%) for single brand retail trading and construction, among others, paving the way for global players. In reality, India is being drawn into the spiral of debt economics to protect the American Dream from turning into a Nightmare.
‘Jholawala’ is a derogatory term that India’s urban elites use to dismiss the arguments of social activists without having to contend with them. Jean Drèze is a prime example of a jholawala who is also a first-rate economist whose arguments cannot be dismissed easily. A condensed version of the thought-provoking introduction to his new book.
Amory Lovins, Chief Scientist of the Rocky Mountain Institute, is one of the world’s leading energy experts and a key figure behind China’s ongoing transition to renewable energy. His appointment as a strategic advisor to NITI Aayog suggests that India’s top development policy agency maybe finally be rethinking the country’s present fossil fuel-based energy path.
From WSWS/Automatic Earth: Bitcoin has been hailed as the currency of the future; and dismissed as a bubble at best, or a tool for organised crime at worst. But one thing is clear; its soaring demand is a direct result of a broken global financial system trusted by nobody and on the verge of breakdown.
Displacing pastoralists, displacing smallholder farmers, arresting and charging them as terrorists if they protest–and the land is given away to foreign investors to grow what? Sugar and cotton. Imagine trucks full of food aid coming into Ethiopia, while trucks full of cotton and sugar are leaving the country. Hunger in Africa is a political problem.
With the national energy policy about to be finalised, a recent lecture by Dr. Arvind Subramanian, India’s chief economic advisor, revealed the government’s thinking on the question of coal vis-a-vis renewable energy. This rejoinder by an energy expert flags crucial issues and suggests alternatives that are vastly more healthier for the country and the planet.
From Rediff.com: In the recent elections, the Congress made stunning gains over rivals BJP in rural Gujarat, winning 62 of 109 seats. According to food policy analyst and activist Devinder Sharma, this is a direct result of Gujarat’s prolonged and acute agrarian crisis being ignored by the ruling party, the urban-centric media and pollsters alike.
Radhika Desai writes: Read what Marx says. Pay no attention to those who tell you Capital is hard: they are merely saying ‘read my book first’. You have limited time: spend it on reading Capital. Remember, Capital was serialised in a workers’ paper. You are today’s workers and Capital is your invitation card to history.
Devinder Sharma writes: In the 12-year period between 2004-05 and 2015-16, total tax concessions given by the Indian government to industry almost equals a whopping Rs 50-lakh crore. If these tax concessions were eliminated and the additional revenue generated was instead used effectively for social betterment programmes, India could have made hunger and poverty history.