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’.
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.
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.
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.
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.
Devinder Sharma writes: If raising productivity is the major factor I see no reason why Punjab farmers should be committing suicide. But the fact that economists don’t want to acknowledge is that it is actually the low price that farmers being deliberately paid that is the primary reason for the terrible agrarian crisis that prevails.
This manifesto was adopted by an assembly representing the farmers of India on the occasion of the historic Kisan Mukti March organised by AIKS at Delhi, on 30 November 2018. Over the past 25 years, more than 3,00,000 of India’s debt-ridden farmers have committed suicide, a crisis which successive governments have done little to address.
From The Telegraph: India’s farmers are marching once again to demand that Parliament discuss the agrarian crisis. The underlying message is simple. If over 3,00,000 debt-ridden farmers have committed suicide in the past 25 years, then the agrarian crisis is no longer an economic one. It’s a moral crisis. It cannot be allowed to continue.
From The Business Standard: “Selected companies like Reliance, Essar have been given the task of providing crop insurance. In just one Maharashtra district, where the soya crop failed, Reliance earned a net profit of Rs 143 crore without investing a single rupee. Now, multiply this amount to each of the districts it has been entrusted.”
This is a snapshot of a fleeting encounter between a Karnataka farmer and a water activist at the premises of a leading agricultural university. In a few painful sentences, it captures the everyday desperation that is the lot of the average Indian farmer, caught between an unraveling climate, a ruthless market and a malignant state.
William Nordhaus’ low-ball estimates of the costs of climate change and high-ball estimates of the costs of containing the threat contributed to a lost decade in the fight against climate change, lending intellectual legitimacy to denial and delay. The IPCC report, released the day Nordhaus got his Nobel, heightens the award’s absurdity, writes Eugene Linden.
Jason Hickel, Foreign Policy: Many policymakers have responded to ecological breakdown by pushing for what has come to be called “green growth.” It sounds like an elegant solution to an otherwise catastrophic problem. There is just one hitch: New evidence suggests that green growth isn’t the panacea everyone hopes for. In fact, it’s not even possible.
Ten years after the global financial crisis, a debt-fuelled world economy is headed towards another crash, the IMF has warned. With the Rupee at a record low, unemployment at a 20-year high, and 78 of its largest corporations defaulting on massive debts, India’s rapidly emerging as the epicentre of a crisis that could dwarf 2008.
Nature, money, work, care, food, energy, and lives: the seven things that have made our world and will shape its future. Award-winning writer and activist Raj Patel makes the case that in making these things cheap, modern commerce has governed, transformed and devastated the earth. Also included, an interview with Patel and co-author Jason Moore.
From Jacobin Magazine: The New York Times’ blockbuster story on climate change concludes that democracy and human nature are to blame for the climate crisis. They’re wrong. You cannot tell the story of climate change without telling the story of twentieth-century capitalism. This isn’t just a missed opportunity or a partial story—it’s the wrong story.
Gopal Sathe writes: The AP government now has access the intimate personal details of 43 million of the state’s 50 million residents: GPS coordinates of their homes, medicines they use, the food rations they eat, real-time feeds of thousands of security cameras, their castes and sub-castes, their religion, and of course — their Aadhaar numbers.
Oil. The 20th century was shaped by it. The 21st century is moving beyond it. But who gave birth to the oil industry? What have they done with the immense wealth and power it granted them? And what are they planning to do with that power in a post-carbon world? The Corbett Report finds out.
Bayer’s $66 billion takeover of Monsanto represents another big click on the ratchet of corporate power over farming and food. With the ‘Big-Six’ of global agribusiness now set to turn into the ‘even bigger three’, farmers and consumers face more GMOs and pesticides, less choice, and deeper price gouging. Agroecology has never looked more attractive.
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.
Martin Parker writes: B-school market managerialism sells a utopia for the wealthy and powerful, one which students are encouraged to imagine themselves joining. But it comes at a very high cost: environmental catastrophe, resource wars and forced migration, inequality within and between countries, the encouragement of hyper-consumption as well as persistently anti-democratic practices at work.