In the End, the economic problem in Greece is the product of a global system that puts the needs of corporations and banks ahead of people and the pl… - Helena Norberg-Hodge
" "In the End, the economic problem in Greece is the product of a global system that puts the needs of corporations and banks ahead of people and the planet. The same system is responsible for the polluted rivers and air in China, for the sweatshop conditions in Bangladesh, for the economic refugees from Africa desperately seeking asylum in Europe, and for the collapsing economies of Puerto Rico, Greece, and beyond. The internal logic of this global system favors no nation – not Germany, not even the United States – but only the footloose corporations and banks that dominate the global economy.
About Helena Norberg-Hodge
Helena Norberg-Hodge (born February 1946) is an author, film producer, an outspoken critic of economic globalization, a leading proponent of localization as an antidote to the problems arising from globalization, and the founder and director of Local Futures.
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Additional quotes by Helena Norberg-Hodge
There is a growing awareness – from the grassroots to academia – that the real economy is the natural world, on which we ultimately depend for all of our needs. Only when we embrace a structural shift in the current economy – away from dependence on a corporate-run global marketplace, towards diversified local systems – will we be able to live in a way that reflects this understanding.
We should be talking about what is essential in an economy: the ways people use nature and other people to make ends meet, and basically, it should be about providing for our needs, not about a system that artificially creates needs. Using psychological manipulation to encourage people to consume was tied to economists arguing that the only way to avoid another economic depression was to integrate economies around the world, in other words to create one global system...
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Resistance to corporate rule at the policy level will need to be coupled with the generation of alternatives from below, to fill the gaps left by the departing old system. This is not about ending global trade or industrial production, but for most of our needs, we will need to shift towards smaller scale and more localized structures: decentralized, community-controlled renewables for energy, revitalized local food systems to feed us, and robust local business environments to employ more people and keep wealth from draining out of our communities.