Is Localization a Solution to the Crisis of Capitalism? with Helena Norberg Hodge

It's often said that the economic system is rigged. The truth, however, is that the system is working exactly as it was designed to. Those in power, whether they hold public office or whether they sit in the boardroom of a multi-billion dollar international corporation, have taken great lengths to set up a system of rules that benefit them and maintain the status quo. Helena Norberg-Hodge, a pioneer of the New Economics movement, has spent many years studying the driving forces behind why our economies are failing us, and what we can do about it. Helena’s perspectives are informed by a systems thinking and colored by the many years she spent in Ladakh, part of the larger region of Kashmir, where she watched global capital completely transform entire communities. Helena Norberg Hodge is the Founder and Director of Local Futures, producer and co-director of the documentary films The Economics of Happiness and Ancient Futures: Lessons from Ladakh and Right Livelihood Award Laureate. We spoke with her in her home in Devon in the U.K.  This episode of Upstream was made possible with support from listeners like you. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at upstreampodcast.org/sponsorship For more from Upstream, visit www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky. You can also subscribe to us on Apple Podcasts, Spotify, or wherever you listen to your favorite podcasts.