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local economies & localisation

The 2019 Nobel Prize shows why we need to dump conventional economics

Ted Trainer writes: The prize has gone to three people studying how the poor can derive more benefit from existing “development” practices. It sees no reason to question the existing market and growth-driven economy and its derivative, development theory. It doesn’t threaten the massively unjust and environmentally destructive global systems that keep billions in poverty.

Helena Norberg-Hodge: The promise and pitfalls of localism

The fact that the language of localism is being increasingly co-opted by authoritarians around the world is itself a sign of localism’s appeal. Left uprooted and adrift by the globalized economy, people are desperate for a sense of connection: to one another, to the living world, to a place and culture that’s familiar to them.