New Economy

In the last fifty years or so of rampant globalization, the decision making processes related to all aspects of people’s lives – food, water, shelter, learning, health, governance – have become restricted to a self-serving collaboration between corporations and international finance, enabled by their nexus with governments all over the world, whether they are openly autocratic or continue to operate under the pretense of democracy. The results now stare us in our faces – runaway economic inequality and increasingly frequent environmental crises. Is there a way out of this quagmire? Christian Stalberg advocates for local control over the means of production and trade, and self-reliance in meeting basic needs from within a human-scale local region. Based on a presentation he made at a session at the World Social Forum earlier this year in Mexico City, Stalberg advances the Andean idea of “Buen Vivir” centered on “localization”, where our choices can be informed by their impact on the earth’s ecology as well as human wellbeing, not just the chimera of convenience and price tag.