Will 2013 be the year globalization died?

Insourcing American Jobs conference

In The Campaign, last year's hilarious, potty-mouthed political romp with Will Ferrell and Zach Galifianakis, the Motch brothers (modeled of course on the Koch brothers) shovel piles of cash onto the campaign of Galifianakis's character Marty. Why? They want to build factories in his North Carolina congressional district, where they will employ Chinese workers at Chinese wages. They call it … [Read more...]

Letter from India: It takes a village

Gurgaon office tower

If I were asked under what sky the human mind has most fully developed some of its choicest gifts, has most deeply pondered over the greatest problems of life, and has found solutions of some of them which well deserve the attention even of those who have studied Plato and Kant, I should point to India. - Max Mueller Returning to the world's second-biggest nation after seven years away, it's … [Read more...]

The dark side of the “Green Economy”

protesters reject greed economy

Everywhere you look these days, things are turning green. In Chiapas, Mexico, indigenous farmers are being paid to protect the last vast stretch of rainforest in Mesoamerica. In the Brazilian Amazon, peasant families are given a monthly “green basket” of basic food staples to allow them to get by without cutting down trees. In Kenya, small farmers who plant climate-hardy trees and protect green … [Read more...]

How Greece threatens you and how going local offers the only refuge

Greek flag

For months now our stocks have gone up and down due to various concerns, but none more recurrent than concerns about the financial crisis in Greece. Morning after morning, New York City based casino capitalists trade with Greece and the latest rumors from Western Europe on their minds. What will affluent Germany do to bail out the collapsing, debt-ridden country of Greece? Will France go along … [Read more...]

Can cowardly world leaders dodge Occupy Wall Street scorn?

Image: Adbusters.

The text below was reposted from Adbusters Tactical Briefing #27. MAY 18 GLOBAL #LAUGHRIOT Alright you wild cats, nimble dreamers and jammer tacticians, In a sudden about-face, the United States has conceded a victory to Occupy and moved May’s G8 summit to Camp David, an impenetrable military base in rural Maryland. Wow! Looks like the specter of 50,000 occupiers ready to swarm with a list of … [Read more...]

Closing factories is nothing to be proud of

closed factory

Seth Godin is the one business guru I follow. Since I run several websites, I find his insights on working as a wired freelancer in the Internet economy useful. And unlike most of his peers, Godin doesn't just talk about how to make money and get more customers. He also shows an environmental conscience. For example, he's a firm believer in climate science and has chided deniers for their … [Read more...]

Economy so old that it’s new

The Economics of Happiness

Documentaries that cover peak oil or deal with resource depletion tend to be downers on the whole, offering few pleasures beyond the snarky joy of Schadenfreude. Even with a few cheery bits thrown in to make the apocalypse go down a little smoother, unless you really want to see your obnoxious brother-in-law the oncologist with his whole 6,000 square foot McMansion outside of Dallas go down in … [Read more...]

Record profits as corporations chuck US workers

made in china label

The latest job numbers were dismal, as US real unemployment remains near 20%. America now has about 25 million people either out of work or underemployed. At the same time, corporate profits in the third quarter of 2010 enjoyed the highest annual increase ever recorded. And even as they shed more and more American workers, taking in $1.7 trillion, American corporations were 28 percent more … [Read more...]