The poverty of ‘economic growth’
3 years, 6 months ago

The poverty of ‘economic growth’

Al Jazeera  

There is a village in the rainforests of Southeast Asia that I have visited on and off for over 40 years, doing long-term anthropological research. The village I regularly visited comprised about 350 people all living under one roof, in a traditional longhouse that was typical of central Borneo at the time. With the forests gone and the rivers polluted, the only way for the longhouse people I knew in Sarawak to make a living is by working for meagre wages on the palm oil plantations. But rising incomes don’t come anywhere close to compensating for the livelihoods that the longhouse people have lost. And, as in Borneo, the real beneficiaries of China’s growth have been the corporations and elites who leech the labour of the new precariat.

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