A Crisis of Capitalism is Being Faced by Millennials in South Korea by Ellen Brown

Death to Capitalism

Image by lisbokt via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
October 25, 2019

This 10-page paper was written for the Economics of Happiness Conference co-sponsored by Local Futures, held in Jeonju, Korea, on October 16-17, where I was the keynote speaker — a wonderful city and great experience!

Satisfaction in the workplace is a major component of the “happiness” index; but it is a satisfaction that young people joining the workforce today are not feeling. In a 2017 book titled Kids These Days: Human Capital and the Making of Millennials, Malcolm Harris asks why the millennial generation – those born between 1981 and 1996 – are so burned out. His answer is, “the economy.” Millennials are bearing the brunt of the economic damage wrought by late 20thcentury capitalism, with economic insecurities throwing them into a state of perpetual panic. Harris argues that if they want to meaningfully improve their lives and the lives of future generations, they will have to overthrow the system and rewrite the social contract.

Continue reading

Helena Norberg-Hodge: Localization: Development without destruction and The Economics of Happiness, interviewed by Cindy Sheehan

by Cindy Sheehan
Featured Writer
Dandelion Salad
Cindy Sheehan’s Soapbox Blog
Cindy Sheehan’s Soapbox
January 30, 2011

(SOAPBOX #85) – Cindy welcomes Helena Norberg-Hodge, an analyst of the impact of the global economy on cultures and agriculture worldwide and a pioneer of the localization movement.  The destructive impact of globalization on our children is no less destructive than its historical impact on the Ladakh, an isolated Himalayan culture described in countercurrents.org here. Over the past three decades, Ms. Norberg-Hodge has studied this process in numerous cultures around the world and discovered that we are all victims of these same psychological pressures. Continue reading