Gail Tverberg writes: World leaders manipulate the world economy like a giant video game. The object is to keep it growing, but what do they do when the economy hits limits? They could take their foot off the throttle operated by low interest-rates and more debt. Or they could “take the wings off” the economy.
A coalition of investigative journalists, privacy activists and alternative economy enthusiasts including Nafeez Ahmed, John Pilger and Barkha Dutt, have announced Presscoin/Insurge, a fascinating new hybrid platform that seeks to meld cutting-edge journalism with activism and alternative currencies. “Dedicated to people and the planet, it represents a fundamental break with the old paradigm,” Nafeez says.
Mankind is facing the existential threat of runaway consumption of limited resources by a rapidly growing population, says a new, dire “warning to humanity” written by 15,000 scientists from 184 countries.The message updates an original warning sent 25 years ago. The experts say the picture now is far, far worse than it was in 1992.
William Robinson highlights some revealing statistics to expose what is really behind the rapid digitalization of global capitalism, the rise of authoritarian leaders and the creeping spread of the global police state. These, he says, are nothing but an insecure transnational capitalist elite’s attempt to insure themselves against rising inequality and a looming economic crisis.
Ethnic differences have been widely considered the cause of the Rohingya genocide. However, these reports show that the killings and forced displacement of several of Myanmar’s minority communities may also be fuelled by global corporations’ growing interest in the Rakhine’s mineral wealth, and the competing geopolitical interests of the United States, China, India and Bangladesh.
New scientific research is quietly rewriting the fundamentals of economics, showing decisively that the age of endlessly growing industrial capitalism, premised on abundant fossil fuel supplies, is over. The long-decline of capitalism-as-we-know-it, the new science conclusively shows, began some decades ago, and is on track to accelerate well before the end of the 21st century.
Richard Heinberg writes: Over the past century-and-a-half, fossil fuels enabled the rapid growth of resource extraction, manufacturing, and consumption; and these in turn led to population increase, pollution, and loss of natural habitat and hence biodiversity. Our core ecological problem is not climate change. It is overshoot, of which global warming is only a symptom.
Colin Todhunter writes: At a time when India commemorates the end of British rule, it finds itself under siege from international capital. Its not only on course to become an even weaker and more hobbled state permanently beholden to US state-corporate interests, but it is heading towards environmental catastrophe much faster than many may think.
Even when we question the personal impacts of modern technology, how many of us consider how our dependence on technology might be harming us? Or question the belief that technological advances will save us from our most pressing environmental and societal challenges? Richard Heinberg tackles this thorny issue in this brilliant essay and animation feature.
Joe Brewer writes: There is a reason only 5 men have the same aggregate wealth as half the human population. And that the Earth’s climate is ramping up for a phase transition that threatens our entire civilization. It’s because the 500 year old Global Architecture of Wealth Extraction is designed to produce exactly these outcomes.
Ecologise has consistently driven home that humanity needs to prepare for unprecedented environmental, economic and socio-political upheaval and uncertainty in the 21st century. In this new series, we showcase free short-duration online courses that focus on these various emerging crises and possible responses. Created by the world’s leading universities, they offer a good starting point to explore these complex challenges.
Colin Todhunter writes in Countercurrents.org: A combination of debt, economic liberalisation, subsidised imports, rising input costs and a shift to cash crops (including GM-cotton) has caused massive financial distress to small farmers in India. The Regional Comprehensive Economic Partnership (RCEP), a trade deal now being negotiated by 16 countries across Asia-Pacific, could accelerate this process.
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.
A recent article by Tim Worstall on the Forbes website states that, in effect, India’s farmers should be allowed to go bust because that’s how economic development works. This response from Countercurrents.org traces the criminal role of neoliberal policies in undermining farmer’s independence and livelihoods to favour global agribusiness. The article has since gone viral.
From Chinadialogue.net: China’s massive Asian infrastructure network of proposed new roads, railways, ports and airports, linking 65 countries to itself must grapple with the same problem as the ancient Silk Road it’s been named after. Sand. Deserts present as big a problem along the “Silk Road Economic Belt” as when camel caravans ambled across Central.
A 100 actions of protest will be held across the country between May 1 – 7, 2017 to mark the 50th anniversary of the establishment of the ADB, highlighting the gross human rights violations, loss of livelihood, and environmental destructions caused by the ‘development model’ being pushed by ADB and its ilk, using public money.
“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.
With the U.S. and Russia headed for a direct confrontation in Syria, the war in that country is moving a new, more dangerous phase. The Syrian war often seems like a big confusing mess but one factor that’s not often mentioned could be the key to unlocking the conflict: the struggle to control energy markets.
This review by Alice Friedmann of Nafeez Ahmed’s new book has 3 parts: 1) Why states collapse for reasons other than economic and political 2) How Bio-Physical factors contribute to systemic collapse in Syria, Yemen, Iraq, Saudi Arabia, Egypt, Nigeria 3) Predictions of when collapse will begin in Middle-East, India, China, Europe, Russia, North America
From Countercurrents.org: Human cultural evolution can be regarded as an enormous success in many respects. However, thoughtful observers agree that civilization is entering a period of crisis. As all curves move exponentially upward: population, production, consumption, etc, one can observe signs of increasing environmental stress, while the existence of nuclear weapons threaten civilization with destruction.