Satya Sagar writes: It’s time to step back, reflect and ask again and again the questions: who or what exactly are human beings, how we should live in this world and where we should go? For this time the very survival of the human species may lie in getting the answers right with great honesty.
George Monbiot writes: We cannot hope to address our predicament without a new worldview. We cannot use the models that caused our crises to solve them. We need to reframe the problem. This is what the most inspiring book published so far this year – Doughnut Economics by Kate Raworth of Oxford University -has done.
Kurt Cobb writes: The idea of progress is embedded in the socio-economic system, and we cannot attack carbon emissions without attacking the idea of progress itself. If the progress we’ve made since the beginning of industrial civilization only leads to a complete reversal of all our supposed gains, can we really call what’s happening progress?
As global capitalist economic growth accelerates planetary ecological collapse, Richard Smith argues that – impossible as it may seem at present – only the most radical solution -the overthrow of global capitalism, the construction of a mostly publicly-owned and mostly planned eco-socialist economy is the only alternative to the collapse of civilization and ecological suicide.
“What you see in a lot of countries is a predatory capitalism, from Afghanistan to Pakistan to Australia, which show the corporations that are involved in the neo-liberal agenda, an agenda that has been implemented without really any public consent. This is happening, I would argue, almost by stealth,” says author and journalist Anthony Lowenstein.
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.
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.
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.
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.
From TheWire.in: Ecological economist, Gandhian thinker and author Mark Lindley has some stark warnings for the future of hi-tech societies, and a few ‘prescriptions’ for India and for economists, who he says vastly underestimate the gravity of the looming environmental crises. Ecologise and Graama Seva Sangha recently organised a lecture series by Lindley in Bangalore.
Charles Eisenstein writes: Psychedelics can bestow expanded consciousness and ways of being that are incompatible with those that presently undergird our society. Psychedelics have the power to subvert the alienation, competition, anthropocentrism, standardization of commodities and social roles, and reduction of reality to a collection of things that propel the world-destroying machine of modern civilization.
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.
The renowned American ecological economist, Gandhian thinker and author Prof. Mark Lindley will be delivering a series of lectures in Bangalore, starting from 25th. Academic institutions hosting him in the city include IISc, NIAS, Azim Premji University, ATREE and Gandhi Bhavan. The lecture tour is being organised by the Ecologise network and Graama Seva Sangha.
Jason Hickel writes: When it comes to climate change, the problem is not just the type of energy we are using, it is what we’re doing with it. What would we do with 100% clean energy? Exactly what we are currently doing with fossil fuels: raze more forests, build more meat farms, expand industrial agriculture.
Dr. Manmohan Singh was a World Bank employee before he became finance minister and later prime minister. As PM, he nominated Montek Ahluwalia from the IMF as Deputy Chairman of the Planning Commission. The present RBI Governor, Raghuram Rajan, was Chief Economist in IMF. This is how the neoliberal agenda has been imposed on India.
Aniket Motale writes: Many new age economists have realised the limitations of GDP as a measure of development, including a few Nobel Laureates like Joseph Stiglitz. US politician Robert F. Kennedy once criticised GDP saying, “It measures everything, except that which makes life worthwhile “. Let’s take a closer look at the arguments against GDP.
David Anderson writes: About eight thousand years ago with the beginning of the bronze, iron, agricultural age we decided to pursue a life of separation and alienation from the planet. This dualistic mindset, further strengthened in the seventeenth century during the European Enlightenment and the Industrial Revolution, is at the root of the present crises.
George Monbiot writes: So pervasive has neoliberalism become that we seldom recognise it as an ideology. We accept the proposition that this utopian, millenarian faith describes a neutral force; a biological law, like Darwin’s theory of evolution. But the philosophy arose as a conscious attempt to reshape human life and shift the locus of power.
Richard Norgaard writes: Two centuries of explosive economic growth have radically altered our world. With human activity now the major driver of geological change, the industrial era has come to be called the Anthropocene. In this essay, I instead adopt the term Econocene, thereby underscoring its ideological foundation: economism, the reduction of all social relations to market logic.
Satyajit Das writes in The Times of India: Policy makers have sold the future for a precarious, short-lived stability. There is a striking similarity between the problems of the financial system, irreversible climate change and shortages of vital resources like oil, food and water… The world is remarkably unprepared for the crisis that is unfolding.