THE NEW ECONOMY OUR TIMES CALL FOR IS, IN MANY WAYS, THE OLD ECONOMY

 

In the words of David Fleming, “Most of human history had been bred, fed and watered by another sort of economy.”

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In Surviving the Future: Culture, Carnival and Capital in the Aftermath of the Market Economy, a posthumously published work by Shaun Chamberlin’s mentor David Fleming, we are reminded just how unusual today’s ‘ordinary’ is, and how profoundly unrealistic it is to pin our hopes on market capitalism – an economic system that has existed for less than 1% of human history and is already not only destroying its own foundations, but those of life on Earth. 

In the twelfth century, when a just price was the rule and usury was outlawed, there was a rational regional trading system, with staples – food, drink and clothing – produced at home: “Subsistence goods they grew, or bred, or brewed, or wove, or span for themselves” (Peters).

Even today, an Indian colleague wrote: the formerly widespread practice of barter (slow-loading link) survives in some Indian farming and fishing communities. Surplus grains, firewood, and building material are bartered by the farming community (Kunbees) in exchange for dry fish from the fishing community (Kharvis & Bhois), both communities receiving much more in goods than the monetary value.

Within living memory, many goods, food and services were still produced within a few miles’ radius

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The nearest image to the village as remembered is the main street in the Black Country Museum, Dudley, UK  https://commons.wikimedia.org/wiki/File:Blackcountrystreet.jpg

One reader remembers that in two roads in Appley Bridge, a small one-road ‘industrial’ village where she lived as a child, there were grocery, shoe, cycle and electrical repair shops, a surgery, mission church, post office, railway station, school and printing press – all on a small scale.

A greengrocer’s van travelled round offering a selection of locally grown fruit and vegetables, there was a reliable bus service to the nearest town and a canal with barges carrying heavy loads through the region. A little further away, within walking distance, was a farm which supplied the butter, cheese and bacon to the shop and larger workplaces: a lino works, a quarry, and two factories, making bricks and glue.

The value of the paid or unpaid work a person did was recognised – including the most uncoveted job done by Mr Smith, who shovelled human excrement into a lorry for removal.

She reflects that we now depend on imported food and goods. State generation and delivery of energy has been handed over, in many cases, to foreign corporations.

Those village shops and services have now gone. Green spaces have been crammed with houses and mains drainage is universal, but people there no longer know many of those around them. In a place where heads were once shaken over the notorious one or two who got drunk – but only at the weekend – one now hears tales of drug addiction, crime and imprisonment.

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In towns solid terraced housing was demolished, leaving many marooned in high-rise flats, and then came Tebbit’s injunction to ‘get on your bike’ and work at a distance, further breaking up family and neighbourhood circles – all in the interests of serving a system of production that has greatly enriched a few.

Because of these changes, our youngsters are growing up in a world which has no use or place for them unless their academic attainment reaches a certain level. Whereas earlier few of the poor and unemployed turned to crime, television now repeatedly imprints on young hearts and minds images of an expensive, status-offering ‘good life’, which they cannot hope to get by legal means.

How many of us, growing up with such lack of hope for the future, would resist the temptation to escape into a drug-soothed world or to take what we cannot earn?

As Shaun Chamberlin writes:

“Let us consider what we face. An economy so violently contrary to our human instincts and desires that it leaves epidemics of depression, loneliness and suicide everywhere it goes. That uses mass media and financial stress to hollow our souls and seize control of both our days and our hearts, sparking not only economic and environmental devastation, but cultural and spiritual annihilation. Realists of a larger reality – Dark Optimism

Time for change!

 

Are the environmentalist, climate change, and alternative economy movements on the way to creating mass support?

 

From 24th July 2019, this site has been exploring the theory and practice of localisation – protecting and rebuilding local economies in this country and worldwide. Persuasive voices, ‘looking to the local’, have included Leigh Sparkes, David Fleming/Shaun ChamberlinJude Brimble, Colin Hines and Helena Norberg-Hodge.

Recently Mark Tully (below) read an article on the subject, condensed from one on Steve Schofield’s website. 

Mark’s response

Steven Schofield’s proposals for a ‘going local’ environmentally friendly economy are excellent.

  • However I am not sure he has an answer to the basic problem of building enough support for such drastic changes.
  • How do we get over the belief which is so widespread among the public that the way we do economics now is the only way there is

There are such powerful bodies, political and business, who have a vested interest the present system and the resources to promote it.

If Steven could show that green, environmentalist, climate change, and alternative economy movements are coming in from the fringe and are on the way to creating mass support this would strengthen his argument.

The post-war Labour government did indeed achieve a profound transformation of the economy – as he relates – but then they did have the mass support of the labour movement.

I do think a lot of people believe that in some way or other this pandemic is a warning which demonstrates the danger of continuing with our present economy, and presents an opportunity we should take to change our ways.

In view of this might Steven expand on what he means by “taking control of the crisis?”

I don’t see any sign that politicians anywhere are intent on anything beyond getting back to business as usual as soon as possible. That is certainly true in India – a country that is in urgent need of doing things differently.

When it comes to public ownership the pandemic has demonstrated the value of public health services. But how are we to deal with the problems that discredited the idea of nationalization?

*The importance of local cannot be overstated. However practising local self-sufficiency could create an over-restricted market which protects inefficiency and creates scarcities which affect prices.

These are just some thoughts which came to my mind and are not criticisms of Steven’s proposal.

*

Ed:

I fear that green, environmentalist, climate change, and alternative economy movements are not ‘on the way to creating mass support’ but can see some movement in local government:

Since 2015 I have written about the widely reported approach of Preston Council – one mainstream media account may be read here.

The Future Generations Commissioner, Sophie Howe, says that Wales should introduce 20-minute towns and cities to improve health, boost the economy and support communities in lockdown (see, on another page, the example of Caerphilly).

Leigh Sparks, Chair of Scotland’s Towns Partnership, is Professor of Retail Studies at the University of Stirling, where he and various colleagues research and teach aspects of retailing and retail supply chains and. He says we need an enhanced local focus, reducing dependency on long, complex, supply chains and sets out several measures which would promote this change here.

 

 

 

 

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