Alberto Villarreal writes: Trade deals affect people’s everyday lives from the food we eat to the energy we use, and should not be discussed behind closed doors. And yet, this is exactly what is happening at this year’s upcoming World Trade Organization meeting in Buenos Aires from 10-13 December. Also, Noam Chomsky on the WTO.
“This may take a while, but we’re going to win.” This is true about most political fights, but not for climate change. If we don’t win very quickly on climate change, then we will never win. That’s the core truth. It’s what makes climate change different from every other problem our political systems have faced.
Gail Tverberg writes: World leaders manipulate the world economy like a giant video game. The object is to keep it growing, but what do they do when the economy hits limits? They could take their foot off the throttle operated by low interest-rates and more debt. Or they could “take the wings off” the economy.
Whoever wins the Gujarat elections, its clear that as a political idea, the Gujarat development model is floundering, and may never be revived. It may have been a textbook case of what development should not be like, but given the powerful interests it serves, it’s still likely to haunt India’s policies for years to come.
From Shareable.net: An intriguing blueprint for a post-capitalist world is gradually being built in a converted spa in Barcelona, Spain. Founded by dissenter Enric Duran, the Catalan Integral Cooperative is a wide-ranging operation offering diverse services; including a financial co-op, food pantry and open-source tool workshop, all run on its own local currency —the eco.
From The Guardian: Of all the most polluting nations –United States, China, Russia, Japan and the EU bloc– only India’s carbon emissions are rising: they rose almost 5% in 2016. India’s population and emissions are rising fast, and its ability to tackle poverty without massive fossil fuel use will decide the fate of the planet.
From Down to Earth: GDP does not reveal the ground truth about progress in development. The top 10% of Indians control the wealth basket while the common people—more than one billion—slide down along ‘Hunger Index’. While the government flaunts a surging economy, prevalence of hunger in India is at the “high end of serious category”.
Recent studies show that those who identify themselves as conscious consumers use more energy and carbon than those who do not. Why? Because, environmental awareness is higher among wealthy people. It’s not attitudes that govern our impacts on the planet, but income. The richer we are, the bigger our footprint, regardless of our good intentions.
A coalition of investigative journalists, privacy activists and alternative economy enthusiasts including Nafeez Ahmed, John Pilger and Barkha Dutt, have announced Presscoin/Insurge, a fascinating new hybrid platform that seeks to meld cutting-edge journalism with activism and alternative currencies. “Dedicated to people and the planet, it represents a fundamental break with the old paradigm,” Nafeez says.
The world’s top 1 percent held 45.5 percent of all household wealth in 2000. Now, they hold 50.1 percent, according to research by Credit Suisse. The Mukesh Ambani family, the only Indian family in Asia’s top 10 families, is also the richest in the continent, as its net worth rose $19 billion to $44.8 billion.
Sulak Sivaraksa, the 85-year-old Thai Buddhist monk, thinker and peace activist, is currently facing the prospect of a fifteen-year jail sentence, for criticising his country’s royal family and military junta. Here, he speaks on the global economy’s built-in inequities and biases. Also included is ‘Heavenly Messengers,’ an excerpt from his book, ‘The Wisdom of Sustainability.’
With the Bonn climate talks currently underway, a new report reveals how big business has been actively undermining these crucial negotiations. The most shocking revelation is that since the beginning of United Nations-led climate change talks they have been funded by exactly the same companies that depend for their existence on the burning of fossil fuels.
Financial crises are happening more frequently, and the next panic is almost certainly brewing – mostly thanks to skewed government and central bank policies -according to research by Deutsche Bank. It comes as a warning to India, where the RBI has just approved a massive ‘recapitalisation’ programme to bailout banks struggling with ballooning corporate debt.
India has just climbed an unprecedented 30 spots on the World Bank’s “Ease of Doing Business” ranking, which’s being celebrated as a historic moment by the mainstream media. This Down to Earth report shows how this ‘achievement’ has come at a possibly permanent damage to the environment, thanks to a steady dilution of regulatory norms.
William Robinson highlights some revealing statistics to expose what is really behind the rapid digitalization of global capitalism, the rise of authoritarian leaders and the creeping spread of the global police state. These, he says, are nothing but an insecure transnational capitalist elite’s attempt to insure themselves against rising inequality and a looming economic crisis.
As their growth slows in the wealthiest countries, multinational food companies like Nestlé and PepsiCo have been aggressively expanding their presence in developing nations, unleashing a marketing juggernaut that is upending traditional diets from Brazil to Ghana to India. A detailed expose of the politics and economics of junk food, by The New York Times.
As India like the rest of the world shifts from fossil fuels to renewables, India should also launch a new initiative for this dramatic transition. One of the guiding principles for energy transition should be India’s civilizational value of “simple living and high thinking” and not to maximize gross national product as other countries do.
From Faridabad Majdoor Samachar: “On the train, a person was calling out loudly: From tomorrow, all over India, everyone’s salary will be 18,000 rupees. Equal. No one will be thief, and no one king. Long live the government.” A timely and evocative missive from a monthly workers’ newspaper distributed widely in the industrial belt around Delhi.
If you think farmers have suffered unknowingly, you are mistaken. It’s in fact part of a global design. For GDP to grow, the prescription is to reduce the dependency of a large proportion of the population on agriculture. The entire effort is to create conditions that force people to abandon farming and migrate to cities.
George Monbiot‘s powerful new book looks at how democracy and economic life can be radically organised from the bottom up. He argues against the “society-crushing system of neoliberalism”, and for a political agenda “that isn’t destined to destroy the living planet”, power given back to people so that wealth isn’t continually distributed to the rich.