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Your money or your life? Putting wellbeing before GDP

Researching public perceptions of the future, I’m not aware of any progress indicators that reflect the real depth of people’s concern. The current wave of global political unrest and protest is commonly attributed to growing inequality, corruption, austerity, thwarted expectations and climate change. But the real reasons also go deeper, challenging the entire narrative of modernisation itself.

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.

Beggars as choosers: Why India’s poor opt to beg

Beggars are usually ignored on the streets and questions are asked about why they don’t work. But many have indeed worked as paid labour and have chosen begging as the primary activity, finds Sabina Yasmin Rahman. As India’s urban and rural poor reel from a state-made economic crisis, this revealing study takes on an urgent relevance.

Oil is the new data: How Big Tech and Big Oil collaborate

From Logic Magazine: Despite the climate crisis, Big Oil is doubling down on fossil fuels. At over 30 billion barrels of crude oil a year, production has never been higher. Now, leading oil companies are forging a lucrative partnership with tech giants like Microsoft, building a new carbon cloud that just might kill us all.

Welcome to the global rebellion against neoliberalism

Massive protests have been roiling through Algeria, Bolivia, Chile, Colombia, Ecuador, Egypt, France, Germany, Guinea, Haiti, Honduras, Hong Kong, Indonesia, Iran, Iraq, Lebanon, the Netherlands, Spain, Sudan, the UK, and Zimbabwe—and that’s only since September. As distinct as the protests seem, the uprisings rocking scores of countries all share a common theme, argues Ben Ehrenreich.

55 ways to ‘starve the beast’

Big Agri, Big Pharma, Big Tech, Big Food, Big Banking, Big Oil and Big Government aren’t there to make our lives better. They’re there to control us and make as much money as possible; and they’ll run you over if you’re in their way. Daisy Luther on how to fight back and starve the Beast.

The Great Water Grab: Wall Street is buying up the world’s water

Jo-Shing Yang reports on how Wall Street banks like Citigroup and multibillionaires are buying up water sources all over the world at unprecedented pace. Simultaneously, governments are moving fast to limit citizens’ ability to become water self-sufficient. Also read an investigative report from The Guardian: Liquid assets: how the business of bottled water went mad

The ‘Economics Nobel’ winners’ triumph is at the expense of the world’s poor

Sanjay Reddy writes: The administration of randomized controlled trials (RCTs) – which Nobel prize winners Duflot and Banerjee helped pioneer – has suffered from more than a whiff of neocolonial attitudes. Arguably, all of the difficulties of RCTs stem from a single source: a failure to recognize the full personhood of those who are affected by interventions.

How the ‘Gujarat model’ is devouring Gujarat (and not just Gujarat)

From The Hindu: The perverse ‘achievements’ of those relentless in their advocacy of the Sardar-Sarovar dam are now evident. The riches of Gujarat—shown as a model to the rest of India—are the result of such violent extraction, exploitation and destruction that benefit a few while victimising many. Any protest is being beaten into the earth.

War on Earth: US military is a bigger polluter than as many as 140 countries

From The Intercept: Industrialized militaries are a bigger part of the climate emergency than we know. If the US-military were a country, its fuel usage alone would make it the world’s 47th largest greenhouse gas emitter, says a new study. Another study found that America has spent an astonishing $5.9 trillion on wars since 2001.

Vaclav Smil: ‘Growth must end. Our economist friends don’t realise that’

Over more than 40 years, Vaclav Smil has grown in influence, and is now seen as one of the world’s foremost thinkers and a master of statistical analysis. Bill Gates says he waits for new Smil books the way others wait for the next Star Wars movie. Smil’s latest is Growth: From Microorganisms to Megacities.

From Andhra to Kashmir – The Return of the East India Companies

From Great Game India: At least two of the Big Four global corporate consultancies are reported to be directly involved in the big-ticket Kashmir Development Plan – Ernst & Young and PricewaterhouseCoopers. A pilot project was initiated in 2017 for the creation of a ‘Model Village’ in Kathua, Kashmir, based on a blueprint by PricewaterhouseCoopers

Andrew Simms: Economics is doing great harm – so let’s rethink it

From The Guardian: Roasted by heatwaves, this year the world went into ecological overshoot on 29 July, the earliest yet. Unless we begin again with economics, understanding and letting go what has gone wrong, one day soon everything will have fallen apart and nobody will quite know why. But the answer will be: it was the economy, stupid.

Daniel Ellsberg: The military-industrial complex is an existential threat to humanity

The growth of the military-industrial complex poses an existential threat to humanity. Daniel Ellsberg, peace activist and whistleblower best known for his expose dubbed the ‘Pentagon Papers’, discusses with Allen White the precise nature of the threat posed by the military-industrial complex— and what needs to be done about it. [Courtesy the Great Transition Initiative]

Truth-telling in a ‘Post-Truth’ Age: A tribute to Julian Assange and Wikileaks

A tribute to Julian Assange, founder of WikiLeaks, who faces the prospect of extradition and a jail sentence in the United States for publishing confidential official documents. Here, we present a 2006 essay by Assange outlining his vision, select Wikileaks releases of secret policies related to the environment, and Mediastan, a documentary film on Wikileaks.

Getting to the heart of democracy’s decline

The crisis in democracy is much discussed these days, but almost entirely in political terms that ignore its deeper causes. It’s the continuing failure to have this deeper discussion that has led to the democratic crisis we have. In this sense, the mainstream news media can be considered ‘enemies of the people’, peddling ‘fake news’.

Neoliberalism or death: The U.S.’ economic war against Venezuela

Once the richest country in Latin America, today Venezuela lies in shambles, with food and medicine inaccessible to most, and sparking widespread protests and massive violence. In this interview, Venezeulan President Nicolás Maduro speaks on the politics behind the crisis, and specifically the role of the U.S. Also, an analysis by Marxist scholar Vijay Prashad.

The Nobel Prize for climate catastrophe

Jason Hickel writes: Many people were thrilled when they heard that the Economics Nobel went to William Nordhaus, known for his work on climate change. But many climate scientists and ecologists believe that the failure of the world’s governments to pursue aggressive climate action is in large part due to arguments that Nordhaus has advanced.

Laboratory of Fascism : Capital, labour and environment in Modi’s Gujarat

Rohit Prajapati and Trupti Shah write: We are caught in a false debate, where Narendra Modi, the perpetrator of 2002 carnage is counter-posed with Modi the “development leader”. We call it a false debate, since for us, who have lived and grown in Gujarat, the two aspects are actually the same – that of fascism.

Seeing Wetiko: An interview with Alnoor Ladha

From Gaia Foundation: Alnoor Ladha, a founding member of the activist platform The Rules, which tries to “connect the dots between the various issues that are happening in the world to reveal the underlying antagonist: the economic operating system itself.” Here, he speaks on culture, technology and the cannibalistic economic system consuming life on Earth.

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