Economics is the fifth stop on the road to development, highlighting the more gradual changes brought about through development processes. Here, we will consider the extent to which all-pervasive economic systems have impacted the social lives of individuals.
Economics and the economic changes of development have, in many respects, come to be synonymous with the market economy and associated with capitalist ideals. As traditional reciprocal labor systems are supplemented and replaced by cash-based labor models, social systems and environments shift. As small businesses are replaced by larger corporations, these social and environmental shifts continue along a development trajectory. Changes in land use, the privatization and parceling of land and cash labor have meant prosperity for some and poverty for many. This economic disparity is both a reflection of and a contributor to changes in infrastructure, education, environment, healthcare and food choice (and, arguably, religion). Whether the promise of prosperity is an attractive option or a necessary evil, there is no doubt that multinational corporations earn much from the “developing” poor. While questions of accountability loom large, those with the luxury of experience in the system are beginning to move beyond critique to local action. There is a growing visibility of movements related to “alternate economies.” Applying principles of reciprocity, attempts to circumvent or reduce participation in market economies take many forms: barter, local food production, local currencies, dumpster diving, freecycling, communal living spaces and others. These “new” economies borrow from pre-capitalist societies and, in many cases, take advantage of post-capitalist technologies, for example, the recent documentation of the “new gypsy” movement in which participants choose to live nomadically in the UK while using iphones to communicate. Nevertheless, the corporate hold on world economies looms large and there is an inequity in the resources needed to pick and choose our involvement in “the system”.
Considerations
- Describe the economic system that has been used historically in the community and describe the timeline for changes in that system.
- What do community members talk about as the benefits and weaknesses of the economic system and any changes?
- Describe similarities + disparities in income in the community and the social results of these similarities + differences.
Artwork by Nick Paliughi
This is an ongoing project and a continuous conversation. Please add your voice by joining the discussion at the end of this page and/or recording your contribution and contacting us to have your submission added to the installation.
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