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PDF Local Is Our Future Steps To An Economics of Happiness Helena Norberg Hodge Ebook Full Chapter
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HELENA
NORBERG-HODGE
LOCA.L
IS OUR
FUTURE
Steps to an
Economics of Happiness
ie
rie,
LOCAL FUTURES
Local Futures works to renew ecological, social and spiritual
well-being by helping to show the way towards a genuinely sus
tainable future —one of interconnected, localized economies. Our
flagshipEconomics of Happiness program provides a range of
educational and practical tools for communities and concerned
citizens, and links a broad array of initiatives, alternative insti
tutes and networks worldwide.
ACKNOWLEDGEMENTS
... 8
REFERENCES... 146
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LOCAL IS OUR FUTURE
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
ing at the bigger picture can leave one amazed at what people
poweris accomplishing. Given the huge systemic supports for
the big and the global, from lavish government subsidies and
tax breaks to corporate-owned media and heavybiases in fund
ing for academia, the continued flourishing of these alterna
tives is a testimony to the power of community —to the motiva
tion, perseverance and strength that emerges when people come
togetherto create positive change. What’smore, many individu
als and groups are uniting to form larger networks —particu
larly around the ‘new economy’ —that focus on loosening the
corporate stranglehold on ourinstitutions so that we may begin
to shift systemic supports to favor decentralized economic sys
tems. Such shifts would help cultivate more empowered, more
diverse and more vital communities and democracies world
wide.
This emerging movement transcends the conventionalleft
right dichotomy. It is about enabling diverse human values and
dreamsto flourish, while simultaneously re-embedding culture
in nature. It means societies can move towards withdrawing
their dependence on distant, unaccountable monopolies that
produce our basicneedsin high-input, mechanized monocultural
systems on the other side of the world, in favor of local and
artisanal production for local needs. The emphasis here is on
realneeds, notthe artificial wants created by marketers and ad
vertisers in an effort to stoke the furnaces of consumerism and
endless growth.
Localization meansgetting out of the highly unstable and
exploitative bubbles of speculation and debt, and back to the
real economy —our interface with other people and the natural
world. Rather than demanding countless tonsof perfectly straight
carrots and discarding the ones that do notfit the bill (as super
market chains do), local markets require a diversity of products,
and therefore create incentives for more diversified and eco
logical production. This means more food with far less machin
ery and chemicals, more hands on the land and therefore more
meaningful employment. It means dramatically reduced CO,
emissions, no need for plastic packaging, more space for wild
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
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LOCAL IS OUR FUTURE
2)
HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
Financial deregulation
In tandem and completely interlinked with the growth in glo
bal trade, the deregulation of finance is allowing ever larger flows
of capital to enter and leave nations at the click of a button.
Between 1980 and 2007, cross-border flowsof capital rose from
$500 billion to a peak of $11.8 trillion.’
This hyper-mobile capital has turned currency and com
modities markets into a global casino in which billions can be
made by investors, at great cost to national and local econo
mies.
Most people remain unawarethat almost all the moneyin
circulation today is backed by nothing but debt.®Speculative
bets using borrowed money can yield profits that can be in
vested in still larger bets. Despite increased awareness of this
madness after the 2008 global financial meltdown, all major
economies today havehigher levels ofborrowingrelative to GDP
than they did in 2007.’
All told, the enrichment of multinational businesses has
reached unprecedented extremes. Although they are unaccount
able to any electorate, many of these corporations are now so
big that they wield more economic and political power than
national governments: of the 100largest economiesin the world
in 2016, 69 were corporations.’° In 2018, the revenueof a sin
gle company, Shell, was larger than the GDP of 138 individual
countries.'!! Nonetheless, the United States government alone
provides between $10 billion and $52 billion per year in subsi
dies and tax cuts to large oil companies —Shell included.’* Be
tween cashed-up lobbyists, free trade treaties and the ‘revolv
ing door’ between government and the highest echelonsof in
dustry, corporate rule has become the norm, even in so-called
democracies.
Are corporationsreally becoming more powerful than elected
governments? Consider the Investor State Dispute Settlement
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HELENA NORBERG-HODGE
26
3
COUNTING
THE COSIS
&Lossof livelihoods
When corporations can roam the world looking for cheap labor,
no one’s job is safe. The impact of NAFTA
is a case in point. The
Economic Policy Institute estimates that by 2013, NAFTAhad
resulted in a net loss of 682,900 jobs in the US.' At the same
time, Mexican family farmers were also hit hard by the trade
agreement: as heavily-subsidized US corn flooded into Mexico,
the price received by Mexican farmers for their production fell
by over 60 percent from the 1990s to 2005.7 Nearly 5 million
jobs on family farms werelost, with a net loss of 2 million jobs
in the entire agricultural sector since NAFTA’sinception. The
supposed benefits of the trade agreement are hard to discern:
despite the new factory jobs on the US-Mexican border (where
people toil under sweatshop conditions, disconnected from com
munity), the unemploymentrate in Mexicowashigher in 2014
than 1994.?
HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
@Declining health
Globalization is contributing to a decline in our physical well
being. Societiesin the West are experiencing unprecedented rates
of obesity, diabetes, heart disease and cancer, with the elite in
developing countries fast catching up. Processed food —geneti
cally modified, laden with pesticide residues, preservatives, ar
tificial flavorings and processed fats, and nutritionally depleted
from long-term storage and long-distance transport —contrib
utes significantly to these problems. So do pollution, sedentary
jobs and being cut off from a sense of support and community.
The corporate-controlled technologies that havearisen in
tandem with globalization also carry health costs. Many indus
trial agricultural inputs are proven to be carcinogenic, while
others contain endocrine disruptors that are extremely toxic even
in minute amounts. Microwave radiation from the use of cell
phones and wireless devices has increased exponentially in re
cent years, with potential health impacts that have yet to be
adequately studied.
The global economyalso relies on massive and ever-increas
ing amounts of energy, with a wide range of associated health
impacts. The effects of fossil fuel dependence include elevated
rates of pollution-related respiratory diseases and ‘canceralleys’
near refineries. The health impacts of nuclear powerwill be felt
near Japan’s Fukushima plant for generations to come, and the
millions of tons of spent fuel and low-level radioactive material
piling up at other nuclear plants will remain hazardousfor thou
sands of years.
#%Psychological costs
Every day, communities in the less-developedparts of the world
are bombarded with media images that present the modern,
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
= Environmental breakdown
Globalization is intensifying the already serious ecological con
sequences of industrialization by spreading a resource-inten
sive, growth-based consumer economy to every corner of the
world.
Evidence of global environmental decline abounds. Topsoil
isbeing rapidly lost through nutrient depletion and erosion from
corporate agriculture. Whole tracts of irreplaceable forest are
being decimated by the global timber, oil, and mining indus
tries. The planet’s diversity of plant and animal species is being
lost at 100 to 1,000 timesthe natural rate of extinction, ranking
the modern era as one of the planet’s great extinction waves.”
While terrestrial wildlife struggles to survive, the health of the
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HELENA NORBERG-HODGE
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LOCAL IS OUR FUTURE
#@
Erosion of democracy
As decision-making becomescentralized into unelected, unac
countable bodies like the WTO, the IMF,and the European Com
mission, the influence of the individual steadily shrinks. This is
true even in nominally democratic countries: people maystill
have the right to vote for national and local leaders, but as po
litical parties from both the left and right embrace the wishesof
corporate and bankinginterests, voting can becomeall but mean
ingless. This is especially true when ISDSrules mean that demo
cratically-enacted laws and regulations can be overturned if they
threaten corporate profits. And as corporate interests become
ever richer thanks to globalization, they are able to increase their
expenditures on lobbyists, campaign contributions, and politi
cal advertising —giving them still more influence over govern
ment decision-making. (See “Corporate rule”, Chapter 9.)
33
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Juhlallinen oli hetki ennen lähtöä Bergöstä. Nousevan auringon
heitellessä viimeisiä säteitään yli äärettömän meren ulapan, mikä
hiljaa liikkuen, aamutuulen henkäyksessä, tuuditteli ahvenalaisten
aluksia, paljastivat kaikki päänsä ja veisasivat sydämen pohjasta
virren värsyn, joka tuulen siivillä kaikui kauvaksi yli ulapoiden
aukeiden.
*****
Hän pysähtyy.
*****
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