Monday, January 17, 2011

Oh, what a headline

And a concept.

Here it is:

Vision: 8 Reasons Global Capitalism Makes Our Lives Worse -- And How We Can Create a New Kind of Economy

Here's how the article gets started:

To many of us, a world where no one goes hungry, where there is no unemployment, where people are happy and they have spacious homes and lots of leisure time seems like fantasy. But it's not a fantasy for Helena Norberg-Hodge -- she saw it firsthand in the tiny Himalayan region ofLadakh, a remote mountain community that borders Tibet.

During the course of 35 years there, she also saw what happened when Ladakh was suddenly thrown open to the outside world in the 1970s and subsidized roads brought subsidized goods to the region. The local economy was undermined, the cultural fabric was torn apart.

Unemployment, pollution and divisiveness emerged for the first time.

"This was Ladakh's introduction to globalization," says Norberg-Hodge. The "story of Ladakh can shed light on the root causes of the crises now facing the planet."

The eight reasons are, of course, listed and explained.

Do go read the rest of it. It's very illuminating.

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