Why Ecosystems Need Healthy Populations Of Apex Predators To Be Restored
20-02-2024 ~ Wolves benefit the entire ecosystem they inhabit. So why hunt them?
What if restoring ecosystems was as easy as letting nature do what she intends? From the microscopic level, which constantly churns and builds the “living soil”—from where all life originates—to the massive ungulates that wander the plains and forests, like bison, moose, and wapiti.
Top predators like wolves are integral to maintaining the natural balance and for the ecosystem to thrive.
People tend to believe that wolves are vicious and dangerous. Perhaps this myth originates from the fables we learned as children, like “Little Red Riding Hood” and “The Three Little Pigs.” Yet, between 2002 and 2020, there were only 26 deaths from wolf attacks worldwide.
For the most part, wolves tend to run at the first sight of a human. They have evolved to understand that humans are dangerous. Around 40,000 people have died due to gun violence in the U.S. as of December 7, 2023, according to the Gun Violence Archive. Considering these fatalities, which species should we be more wary of: wolves or humans?
I live in southern Québec, where eastern wolves (Canis lupus lycaon) patrol the forests. Historically, they could be found throughout the deciduous forests of the eastern United States and southeastern Canada.
According to Parks Canada, their range has shrunk dramatically, and less than 1,000 eastern wolves could be found in south-central Ontario and south-central Quebec in 2015. Eastern wolves have been “listed as a species of special concern” under the Canadian Species at Risk Act and “threatened” under Ontario’s Endangered Species Act, 2007.
Québec has an annual hunting season for all wolves from October to April—five months when these animals need to look over their shoulders. They have become so cautious of humans that they avoid areas where hunters are present.
When the wolves leave, it significantly impacts the ecosystem. But it is not just in Québec. Hunting the gray wolf (a larger cousin of the eastern wolf) is legal in every Canadian province and territory.
The gray wolf (Canis lupus ) once ranged over most of the northern hemisphere. Following a steep decline of the gray wolf population—starting with colonization, as expansion destroyed habitat and game and livestock were threatened—they were extirpated from the contiguous 48 United States, except for a few hundred in Minnesota and Isle Royale National Park, Michigan.
The gray wolves were listed for protection under the U.S. Endangered Species Act (ESA) in 1978 when efforts arose to reintroduce them to some of their historic range. The culling of gray wolves was previously allowed to protect livestock in Arizona, Idaho, Michigan, Minnesota, Montana, New Mexico, Wisconsin, and Wyoming. As of 2022, following a court order, they are once again protected under the ESA, except in Alaska, Idaho, Montana, and Wyoming.
“Throughout their range, wolves are keystone predators and have a profound effect on the ecosystems they inhabit. The wide range of habitats in which wolves can thrive reflects their adaptability as a species,” said Stephen Guertin, the deputy director for policy at the U.S. Fish and Wildlife Service, in testimony before the U.S. House of Representatives in 2016.
“In his essay titled, ‘Thinking Like a Mountain ,’ the great American conservationist Aldo Leopold described the cascading effect of losing wolves in a forested mountain ecosystem—the resulting increase of deer, followed by overgrazing, deforestation, and erosion, and then the collapse of deer [populations] after having eaten themselves out of house and home,” addedGuertin.
In a research article published in August 2023 in the journal Science Advances, a team of scientists from Michigan Technological University and Arizona State University pointed out how the changes in the genetics of gray wolves in Isle Royale National Park, Michigan, affected the prey population (moose) as well as the insect and flora populations, which are all associated to each other.
In conclusion, the researchers assessed that “forest dynamics can be traced back to changes in the genetic characteristics (processes) of a predator population.”
Extrapolating on the study, Anaissa Ruiz-Tejada, a graduate science writer at the School of Life Sciences at Arizona State University, concluded in a September 2023 article that the research “emphasizes the interconnectedness of species in ecosystems and how one species’ well-being can affect others.”
“It underscores the necessity of holistic conservation strategies that consider genetic diversity to ensure the robustness and health of intricate ecosystems.”
Wolves benefit the entire ecosystem they inhabit.
So why hunt them?
Hunting Wolves Is Big Business
Humans are disrupting the balance of the ecosystem to increase profits and generate more income from hunting elk, moose, and white-tailed deer—species that are primary food sources for wolves—and from big game hunting outfitters.
Outfitters in Alberta, Canada, charge anything from $6,000 to $10,000 for an almost guaranteed taking of a moose or a white-tailed deer. Companies in Idaho, meanwhile, charge up to $10,000 for the opportunity to take a “trophy” elk. Wealthy people from cities invade remote locations to “kill” the largest species of any kind they can find for sport and bragging rights.
According to the International Wolf Center, one adult wolf requires at least “15 to 19 adult-sized deer per wolf per year” to sustain itself. Considering around 1,000 eastern wolves remain in Canada, they need at least 15,000 deer.
However, humans hunt these deer, generating revenue for the government instead of letting them be food for wolves. This prioritizes economics over the environment and puts humans out of sync with the natural world.
The more plentiful the deer, the more enthusiastic hunters become. The total revenue from hunting licenses, permits, and tags in the United States in the four states where wolves are killed (Alaska, Idaho, Montana, and Wyoming) was nearly $90 million in 2020, 10 percent of the total U.S. revenue of $902 million from these activities. Spending on hunting in all of Canada exceeded $5.9 billion in 2018. Hunting is a huge business.
Is There Justification for Wolf Hunting?
According to a September 2023 NPR article , 23 cows and calves and 62 sheep were killed by wolves in Idaho in the past year. In response, the state Department of Fish and Game has allowed for the “harvesting” of 500 wolves over the past few years and would like to see the wolf population decline from 1,300 to 500.
In Montana, the state’s Fish, Wildlife, and Parks Department reported that 58 cattle and 41 sheep were killed by wolves in 2022. Of the 1,087 estimated wolf population, 248 were harvested during that year. Meanwhile, Montana passed regulations in 2021 that allow the hunting and trapping of 450 wolves per year with an extended season.
In 2022, 46 cattle and 46 sheep were either injured or killed by wolves in Wyoming, and humans killed 95 wolves during the period. The Wyoming Game and Fish Department implemented an objective hunting plan for wolves in 2022 to diminish the population from approximately 338 to 160.
Effectively, the three state governments want to see the wolf population cut down by more than 1,400 per year.
When it has been determined that a wolf has killed a rancher’s livestock, the rancher is compensated at fair market value. They may lose the animal, but they don’t lose income. Since this causes a payout by the respective governments, wolves take away from the potential of big game hunting and directly diminish game and fish department budgets.
But far from causing economic loss, wolves are beneficial to humans. According to a 2021 research article published in Proceedings of the National Academy of Sciences, the existence of wolves leads to economic benefits to humans that are “63 times greater than the costs of verified wolf predation on livestock.”
I have heard firsthand from ministry biologists in Canada and even the Nature Conservancy, a nonprofit environmental group, that we must kill deer because they destroy the forests. What if we allowed wolves to return to the ranges they once inhabited and help naturally restore the balance in the ecosystem instead?
Letting the Wolves Come Home
Wolves are selective hunters. They target young, sick, or infirmed animals. The fastest, strongest, and wisest of the prey escape to continue the genetic line.
“New research shows that by reducing populations and thinning out weak and sick animals, wolves are helping create more resilient elk herds,” pointed out a 2020 article in National Geographic.
The winters in the north are harsh, and the snow can be deep. Those deer, elk, and moose that survive their predators and the harsh weather conditions will become more adaptive to these factors.
Going deeper into the issue, my understanding from personal observations is that wolves know their terrain. They follow trails, scents, and scat, and will feed on those animals that do the least damage to the herd.
For example, if the wolf pack kills the strongest male or the most fertile female, there is a possibility that the herd will be depleted to the point of dying off over time. There are no wolves if there are no deer, elk, or moose. The wolves understand this.
Referring to research from Yellowstone National Park, the 2020 National Geographic article explained how the return of the gray wolf to the park after 25 years has resulted in the wolves being a “stabilizing force” there. “[T]hey would rather kill an undernourished 750-pound bull versus a 450-pound cow. So by targeting bulls during years of scarce food, they give the cows a chance to reproduce, thus keeping the population afloat.”
Emphasizing the importance of wolves in maintaining a healthy ecosystem and biodiversity, Joseph Bump, an ecologist at the University of Minnesota, explained in a 2022 Discover magazine article that wolves influence not only the populations of the prey they consume but also the populations of the food sources for their prey.
The forests and mountains where wolves live know their howling. Leopold expressed how it feels to live in their world in his essay, “Thinking Like a Mountain”:
“Only the mountain has lived long enough to listen objectively to the howl of the wolf. Those unable to decipher the hidden meaning know nevertheless that they are there, for it is felt in all wolf country, and distinguishes that country from all other lands. It tingles in the spine of all who hear wolves by night, or who see their tracks by day.”
As modern humans, we lead different lives from our ancestors, who depended entirely on the natural world for their regional survival.
When the resources kept the tribes alive, it was apparent that if they depleted them, it would put their lives in jeopardy. This is learned behavior, and every other living being besides humans knows how to live in harmony with nature.
If we stop being manipulated by the almighty dollar, there is a wealth of information we can learn from, especially if we pay attention to the flora and fauna surrounding us. When we read between the lines of the Game and Fish Department propaganda, we will realize that tax revenue from hunting is blurring the focus of what should be their entire mission: the protection of species and the ecosystems in which they all live.
As a concerted naturalist and citizen scientist, I witness the interactions between plant and animal communities and their integral relationship to each other every day.
We need to veer away from our human desire to exploit nature through competition and greed. Instead, we must embrace social and natural harmony and cooperation for the benefit of all. Among the multitude of lessons that we can learn from wolves, this may be the most important.
By Jimmy Videle
Author Bio:
Jimmy Videle is a farmer, naturalist, and researcher. He is the author of The Veganic Grower’s Handbook: Cultivating Fruits, Vegetables, and Herbs from Urban Backyard to Rural Farmyard (Lantern Press, 2023) and the co-founder of NAVCS-Certified Veganic. He is a contributor to the Observatory. His writing has appeared in CounterPunch, Countercurrents, and LA Progressive, among others.
Source: Independent Media Institute
Credit Line: This article was produced by Earth | Food | Life , a project of the Independent Media Institute.
Advances In Archaeology Allow Us To Understand Political Evolution And Social Change In Deep Time
02-20-2024 ~ Western society is largely in the grips of an entrenched mythology that premodern non-Western states and empires were organized despotically, markedly different from how humans govern themselves in the contemporary West. There’s another common myth that dynamic periods of prosperity and well-being were exclusive to Europe during preindustrial times. We’re still reckoning with the 19th-century academic belief that human history developed along two major paths: the West and the rest.
Early anthropology and archaeology were dominated by notions of progress and the categorization of human behaviors through successive evolutionary ages. Human history was misinterpreted through linear, generalized sequences of societal change; school children and college graduates were taught to imagine political evolution from tribes to chiefdoms to states, a great ladder of being that placed then-dominant European societies on the top rung.
This approach repeatedly fell short in the light of new findings in archaeology, as no clear patterns or laws emerged by comparisons of social history either regionally or globally that were pressed into these categories of evolution. For instance, disparities like the delayed introduction of metal in pre-Hispanic Mesoamerica and the absence of a text-based writing system in the pre-Hispanic Andes contradicted the notion of uniform growth seen in empires from early Eurasia.
Even as we still reckon with that legacy today, Mesoamerican researcher and archaeologist Gary M. Feinman makes the case in a 2023 paper that current understandings of a more global and detailed archaeological record offer a new vantage toward interpreting long-term political change. Today, the wealth of qualitative and quantitative archaeological data challenges the Eurocentric notion of a single linear course in human history.
The traditional comparative approaches in archaeology, often categorical and binary, are being reshaped by powerful new findings, made possible by decades-long research programs in archaeology that have seen improved chronological controls, wider global coverage, and multiscalar analyses in many investigated regions. As a result, the way of reading historical narratives changed strikingly, importantly in our understanding of long-term political change.
Rather than projecting recent organizational patterns—often recorded during colonial eras, back in time—archaeologists can now study patterns of change looking forward from deep in the past. In other words, we need to eliminate now-dated postulates and accept that long-term political change does not follow uniform or directed paths. Rather the change happens differently across space and time.
We should focus on case-specific variation and acknowledge that human cooperative patterns, and the resultant institutions that are founded, have more situational and contingent histories and that sequences of change were often impacted by open networks of exchange, conquest, and warfare that fomented new challenges and opportunities. This modern model to examine long-term political change is less universal but is more realistic and precise, and since we often know outcomes, deep-time histories provide a rich record of human experience that we can learn and draw from when facing current challenges.
By Gary M. Feinman and David M. Carballo
Author Bios:
Gary M. Feinman is an archaeologist and the MacArthur curator of anthropology at the Field Museum of Natural History in Chicago.
David M. Carballo is a professor of archaeology, anthropology, and Latin American studies at Boston University.
Source: Human Bridges
Credit Line: This article was produced by Human Bridges.
North Korea’s Transformation On Peaceful Reunification Marks Paradigm Shift In Asia
02-20-2024 ~ Abandoning peaceful reunification could escalate into a major conflict, or signify that the window for reunification is presently closed, prompting Pyongyang to explore alternative approaches.
Late 2023 marked a notable transformation in North Korea’s longstanding pursuit of peaceful reunification with South Korea after North Korean leader Kim Jong Un noted the failure of the policy in his end-of-year speech. This sentiment was reiterated during a January 15 meeting of North Korea’s Supreme People’s Assembly (SPA), where the country’s constitution was ordered to be rewritten to label South Korea as its “principal adversary.”
Subsequently, public symbols promoting peaceful reunification in North Korea were dismantled and references to it were deleted on state media outlets. Additionally, three inter-Korean cooperation organizations —the Korean People’s Cooperation Administration, Kumgangsan International Tourism Administration, and the Committee for the Peaceful Reunification of the Fatherland—were abolished, accompanied by an increase in North Korean missile tests.
Several North Korea experts, including former State Department official Robert L. Carlin and nuclear scientist Siegfried S. Hecker, have sounded the alarm about the growing potential for conflict. Armed with nuclear weapons and emboldened by challenges to U.S. power in Ukraine and the Middle East, Pyongyang might see this as an opportune moment for large-scale aggression. However, the North Korean leadership may believe that abandoning reunification while avoiding war could bolster its autonomy by freeing it from the democratization constraints linked to the reunification process.
North Korea explored various avenues for peaceful reunification in the decades following the Korean war, including Kim Il Sung’s Three Principles of National Reunification in 1972. The 1980s saw more substantive ideas emerge. North Korea’s “Democratic Confederal Republic of Koryo,” proposed two regional Korean governments under a confederal government. Subsequently, South Korea put forward its “Unification Formula for the Korean National Community,” outlining a three-step model of reconciliation and cooperation, formation of a Korean commonwealth, and establishment of a unitary liberal democracy.
In 1991, North Korea introduced the idea of a “low-stage federation” with regional autonomy, which received a positive reception from South Korea. By 2000, a Joint Declaration acknowledged common elements in both North and South Korea’s proposals that fostered an environment conducive to the pursuit of unification.
However, relations between the Koreas began to break down in the 2000s, particularly after the North conducted its first nuclear test in 2006, and have soured further in recent years. Citing the “vicious cycle of contact and suspension, dialogue, and confrontation” and accusing South Korea of using reunification to collapse the North Korean government, Kim Jong Un’s policy shift threatens to undo decades of work.
Apprehension about South Korea and the U.S. maintaining a firm stance on North Korea without concessions no doubt motivated Pyongyang to discontinue reunification efforts. The Biden Administration reversed Trump’s outreach policies to North Korea, while in 2022 , South Korean President-elect Yoon Suk Yeol declared it would designate North Korea as the country’s “main enemy” following North Korean missile tests.
The U.S. and South Korea later launched the U.S.-ROK Nuclear Consultative Group (NCG) in 2023 to strengthen deterrence and cooperation on nuclear and contingency planning, while Yoon stated in December 2023 that a “nuclear-based, powerful Korea-U.S. alliance” would be formed to deter Pyongyang. Additionally, greater military cooperation under Biden among South Korea, the U.S., and Japan may have further incentivized North Korea.
Amid worsening relations with its adversaries, North Korea’s foreign policy is increasingly aligned with its major partners. Russia and China, once occasional collaborators with the U.S. on North Korea issues, have hindered U.S. measures against Pyongyang as their own relations with Washington have worsened. Widespread sanctions on China and especially Russia in recent years have prompted them and other countries to work around the sanctions through increased mutual trade and assistance with North Korea. Read more
Pakistan Election Aftermath: Coalition Government, Economic Challenges, And The Struggle For Substantive Solutions
02-19-2024 ~ Pakistan’s recent elections led to a PML-N and PPP coalition, overshadowed by economic challenges and a focus on personalities. However, the overarching question persists: can these parties provide a substantial alternative for the people?
On February 8, 2024, Pakistan conducted its parliamentary elections with 44 political parties contesting for 265 seats in the National Assembly. This marked the 12th general election in the country since it gained independence 76 years ago.
After the announcement of results on February 11, the Pakistan Muslim League-Nawaz (PML-N), under the leadership of Nawaz Sharif, and the Pakistan People’s Party (PPP), led by Bilawal Bhutto-Zardari, joined hands to form a government. Both of these parties were not able to reach the majority mark. Nawaz Sharif put forth his younger brother, Shehbaz Sharif, as the nominee for the position of Prime Minister.
Parties and Regional Results
Pakistan’s National Assembly comprises 336 seats, and elections were conducted for 265 seats. The election for one seat was postponed after the death of a candidate, while the remaining seats (60 for women and 10 for minorities) were reserved for members of those groups and allocated based on the proportional representation of parties in the election results.
According to the Election Commission of Pakistan, the independents supported by now-jailed Imran Khan’s party Pakistan Tehreek-e-Insaf (PTI) secured 93 seats in the National Assembly . Pakistan Muslim League (Nawaz), headed by former Prime Minister Nawaz Sharif, attained 75 seats. The Pakistan People’s Party led by former Foreign Minister Bilawal Bhutto Zardari obtained 54 seats. The Muttahida Qaumi Movement (MQM), a party based in Karachi, made a noteworthy comeback, winning 17 seats in the polls, and has pledged full support to PML-N. The remaining 26 seats were secured by others.
In the provincial elections, candidates from PML (N) won 138 seats in Punjab while independents backed by PTI won 116 seats. Additionally, the PPP secured 10 seats and later offered support to Nawaz Sharif’s party. PTI-backed candidates won a majority in Khyber Pakhtunkhwa, securing 84 seats out of 113. In Sindh, the PPP obtained a majority by winning 83 seats out of 130, while Balochistan voted in a hung assembly.
Maryam Nawaz, the daughter of Nawaz Sharif, made history by being the first woman to be nominated as the Chief Minister of Punjab province in Pakistan.
What Led to PTI’s Revival?
These elections occurred against a backdrop of broad public dissatisfaction directed at the previous government headed by the PML (N) and PPP. The discontent stemmed from their inability to control the prices of essential commodities and address the economic challenges faced by the majority of Pakistanis.
Furthermore, the arrest of Imran Khan, his involvement in multiple legal cases , the prison sentences he received, and his party losing its election symbol added to the prevailing chaos. Nevertheless, the public perceived the targeting of Imran as an assault on democracy, mobilizing support and playing a significant role in the PTI’s performance. Pakistanis expressed dissatisfaction with the military’s role in politics, seeking change and a genuine democratic system. Imran Khan emerged as the preferred candidate to fulfill these aspirations.
Issues in the Election
In Pakistan, a primary concern for voters centered around the burning issue of inflation, a critical factor that has significantly eroded real wages. A real wage is the income that an individual receives for their work, adjusted for inflation. The average real wage has seen a substantial decline in Pakistan, plummeting by 13 percent in the year 2023 alone, increasing financial strain on the people.
The industrial sector of the country is in a downturn, with the high costs of inputs acting as a major barrier. The manufacturing output of large industries witnessed a staggering 15 percent year-on-year contraction in June 2023, due to the high cost of doing business. Moreover, the broader economic scenario from July 2022 through June 2023 indicates an overall industrial decline of 10.26 percent, pointing towards the intensity of the challenges faced by the manufacturing sector.
The imposition of stringent austerity measures mandated by the International Monetary Fund (IMF) and the transition toward market-based prices have further constricted Pakistan’s capacity to navigate economic challenges effectively. This shift in economic policy has not only impacted the purchasing power of citizens but has also intensified the economic hardships faced by businesses, particularly in the manufacturing domain which is the highest creator of employment opportunities.
Adding to the complexity is the absence of a comprehensive plan for reindustrialization, leaving the economy without a clear roadmap to revitalize its industrial base. The allocation of a substantial portion of the budget, approximately $17 billion , to subsidies that primarily benefit a privileged elite increases the economic disparities within the country. Concurrently, the persistently high unemployment rate, currently standing at 8 percent, underlines the challenges faced by ordinary people.
Collectively, these issues underscored the intricate economic landscape in Pakistan, where concerns about inflation, industrial decline, austerity measures, and the distribution of resources played pivotal roles in shaping voters’ perspectives and influencing their choices.
However, a notable positive outcome from the recent elections is the limited influence of religious parties, with their representation remaining below 10 seats. This suggests a preference among voters for a more secular and inclusive political landscape, emphasizing national interests over religious affiliations.
The recently held Pakistan election, considered one of its most significant, experienced a substantial voter turnout despite lingering doubts about its fairness. Before the polls, concerns were raised regarding the fairness of the Election Commission, which denied PTI its symbol and the consistent ‘persecution’ of Imran Khan. Several petitions challenged constituency results post-general elections, citing issues with Forms 45 and 47, crucial in Pakistan’s electoral process. Form 45, recording votes at polling stations, includes vital details submitted to the Returning Officer for final results. Form 47 offers a provisional overview before official confirmation, consolidating Form 45 data. PTI raised concerns over their polling agents not being provided Form 45 and significant discrepancies between Form 47 results and detailed Form 45 information in several cases.
The appeals for unity from both political and military figures underscore the strained civil-military relationship. Unfortunately, none of the political parties presented a substantive alternative agenda. Critical issues have taken a back seat in the discussions. Instead, the focus had shifted disproportionately toward the personalities of Imran Khan and Nawaz Sharif, turning the entire electoral narrative into a contest of charisma.
Asif Ali Zardari is poised for a potential second term as president. Imran Khan has cautioned against the “misadventure” of establishing a government based on “stolen votes,” asserting that such electoral manipulation would not only disrespect citizens but also worsen the country’s economic decline.
Uncertainties persist regarding tangible benefits for the people, including increased income for farmers and workers as promised, the prevention of government overthrow by the military, and potential surprises from Imran Khan. Amidst numerous questions, answers remain elusive, leaving the population to confront challenges while elites build their castles.
By Pranjal Pandey
Author Bio: This article was produced by Globetrotter.
Pranjal Pandey, a journalist and editor located in Delhi, has edited seven books covering a range of issues available at LeftWord. You can explore his journalistic contributions on NewsClick.in.
Source: Globetrotter
We Can Interpret How Cooperative Or Autocratic Mesoamerican Societies Were From Their Systems of Communication
02-19-2024 ~ The modes of communication that a society uses can tell us a lot about its political structure. A research study we published in 2022 revealed distinct modes of communication and administrative recordkeeping in autocratic and collective social governance among a sample of urban societies from pre-Hispanic Mesoamerica, where writing was initially developed for political purposes. Each society had its unique communication system, but the patterns were clear enough to identify where a particular society belonged on the authoritarian-collective continuum.
We found that writing methods and computational communications technologies were more elaborate in societies with an autocratic model of governance, whether it was administrative recordkeeping or related to the calendar. In these autocratically organized societies, access to written information tended to be more restricted, focused on communications mostly privy to high-status individuals. On the contrary, in the more collective and cooperative societies, written texts were located in publicly accessible areas, and conveyed general information through symbols that were more broadly part of common knowledge and core shared values.
Teotihuacán in Central Mexico and Maya states, two better-known urban societies in pre-Hispanic Mesoamerica, serve as useful comparisons. Teotihuacán had a more collective organization, while the roughly contemporaneous Classic Maya civilization had many hallmarks of autocratic rulership, such as the institution of divine kingship. Teotihuacán glyphs, which were limited in number, had texts that were short and rare, and they generally were placed in public places and concerned shared themes, such as cosmology and fertility. In contrast, the Maya texts were frequently situated in restricted places, largely accessed by people of high status, and often concerned topics like the legitimation of authority and rulers.
These patterns are exemplified by the two calendric systems. The Classic Maya used a Long Count, which was a highly accurate and detailed system for counting temporal cycles both backward and forward, with the primary objective of situating kings, queens, and other powerful individuals within long cycles of time. The Long Count, which tracks time in a series of cycles was a privileged technology of timekeeping and required training and knowledge to understand, and therefore was largely the domain of people with high status.
On the other hand, the calendric cycle used at Teotihuacán was easily transferred and collectively recorded by a wide range of social sectors and served mostly to track annual cycles, most likely to situate seasonal rituals and mythic narratives. It was an “open access” system that was more accessible to a broader segment of society. When the Classic period Maya lords lost their power and dispersed, many of their more overtly political writing and calendric practices largely were lost or simplified and writing of the subsequent Postclassic period shifted to emphasize ritual cycles and group actions over individualized ones. The shorter-term cycles of the Calendar Round were employed before and during Teotihuacán’s history and had widespread application across the Mesoamerican world after the fall of that Central Mexico metropolis.
By Gary M. Feinman and David M. Carballo
Author Bios:
Gary M. Feinman is an archaeologist and the MacArthur curator of anthropology at the Field Museum of Natural History in Chicago.
David M. Carballo is a professor of archaeology, anthropology, and Latin American studies at Boston University.
Source: Human Bridges
Credit Line: This article was produced by Human Bridges.
To Democratize Finance, We Must Take The Banks Away From The Bankers
02-18-2024 ~ Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit.
Our current banking and financial system has transformed politics in favor of the rich, debilitating democratic institutions, destroying the common good and hurting the poor in the process. In this context, the challenge we face is to end plutocracy and restore democracy.
It is this challenge that world-renowned progressive economist Gerald Epstein brilliantly elucidates in his pathbreaking book Busting the Bankers’ Club: Finance for the Rest of Us and which he discusses in this exclusive interview for Truthout.
One possible way to accomplish this dual feat is by creating an alternative banking system that democratizes finance. In fact, the movement for public banking — a system where banks are owned by the people rather than the wealthy elite — is gaining momentum in many parts of the country. Just this month, a blueprint for the implementation of a public bank in the state of New Jersey was submitted to Gov. Phil Murphy.
In the interview that follows, which builds on our previous conversations about how “SEC’s Approval of Bitcoin Markets May Set the Stage for Financial Disaster” and how “A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks,” Epstein addresses the issue of democratic finance, including the advantages that it offers as well as the challenges that it faces in a society where money dominates politics. Epstein is a professor of economics and co-director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst.
C.J. Polychroniou: Jerry, in your recently published book Busting the Bankers’ Club you highlight the need for changes to the current financial system that go beyond regulation. As you write, “we need banks without bankers.” You propose public banking as the best way toward creating “a financial system that works for all of us.” What are the advantages of public banking, or having banks without bankers?
Gerald Epstein: There are numerous advantages to having more public banks in our financial ecosystem. But before I discuss these advantages, let me explain what I mean by public banking or “banks without bankers.” Many public banking advocates and activists define “public banks” as banks that are owned by governments — federal, regional, state or local — and that are tasked with serving a public mission.
This is a fine definition but when I use it, I mean something a bit broader: I include government-owned financial institutions, but I also include any financial institution for which maximizing profit is not the main goal. These banks must have a main mission that entails pursuing social goals such as community economic development, the promotion of environmental justice or promotion of cooperative economics. These banks might be purely government owned, but they might also be public-private partnerships. The key is that the “mission orientation,” not profit, has to be dominant.
As Thomas Marois has shown, there has been a resurgence in the creation and use of public banks around the world. There has also been a strong public banking movement in the United States, especially since the great financial crisis and the Occupy movement. As my former graduate student Esra Nur Ugurlu and I discovered when we did a survey of public banking activists, they pursue a number of goals in their attempts to establish public banking institutions: to provide affordable banking services to underserved communities, to invest in key social goods such as affordable housing, to provide more credit for cooperatives and small business, to promote environmental sustainability and fight against climate change.
The potential contributions of public banking to help solve these problems are many. First of all, private banks avoid making investments in these areas because they are perceived to be too risky or not profitable enough. It will largely take financial institutions with a public mission and mandate to make significant progress on many of these challenges.
Second, public banks can provide an alternative to overcharging, speculative mega banks such as JPMorgan Chase and Bank of America. This will help society and the government to be less dependent on these “too big to fail” institutions and, in fact, can make it somewhat easier to just let them go by the wayside.
Third, by leveraging the financial power of the state, and by avoiding having to pay high returns to shareholders or massive salaries to bankers, these public financial institutions can provide basic financial services more cheaply.
Finally, because these public financial institutions will typically not face pressures from shareholders and highly paid management and traders to pursue maximum profits and bonuses, these institutions will take on less speculative and risky investments and be a stabilizing force in financial markets. Further, the governance structures of public banks are typically much more democratic and broadly representative than that of private for-profit banks. Most public banking initiatives have stakeholder and community representation on their boards of directors and/or advisory boards.
What are the challenges facing public banking, and what progress has been made so far towards public banking and finance?
Public banks come in various sizes and locations, and have various structures, procedures and functions. Public banking activists Ugurlu and I interviewed described a number of challenges they faced in their attempts to set up public banks. But one thing they almost all have in common is that they face serious pushback from the major private banking institutions and their allies, that is, from the “Bankers’ Club.”
The American Bankers Association (ABA) and local banking organizations routinely oppose legislation to establish public banks. The ABA position on public banks is as follows:
“The US has a healthy banking system with approximately 5,500 banks that offer a diversity of financial products and services to consumers, businesses and state and local governments. Creating a public bank would not only be redundant in the current marketplace, where financial offerings already efficiently meet customer needs, but potentially dangerous — placing taxpayer funds in institutions that may not have deposit insurance and whose business decisions will be driven by political priorities instead of sound risk management.
Numerous studies on the viability of public banks support the conclusion that they are not necessary, pose a significant risk to taxpayers, and would not provide an overall benefit to the state and local governments they are intended to serve.”
Virtually every sentence in this statement is false, but that does not prevent the ABA’s negative impact on the politics of public banking.
The private banks fear competition, and they fear a slippery slope movement to more public financial institutions and away from private, for-profit ones. There is also often a lack of understanding and interest among the public about the positive roles that public banking can play in their community.
In addition, increasing skepticism about government’s role in society can lead even critics of the big financial institutions to embrace private “solutions” such as cryptocurrency instead of public, community initiatives like public banking. Sometimes those in state government oppose the creation of public banks because they are worried about bank failure, or even the creation of financial institutions outside of their control.
Apart from these political and ideological obstacles, there are a number of rather specific logistical obstacles that public banks face. Ugurlu and I asked public banking activists to describe the major obstacles they faced. These included, first and foremost, acquiring the initial capital needed to start the bank; a continuous source of funds that they can use to lend to the target borrowers; a source of liquidity and financial backup, such as the Federal Reserve System might provide, that they could depend on in cases of unexpected adverse shocks; and community support for their activities.
There are some other factors that we thought would create challenges, but our interviewees did not mention them as important: These included skilled administrators with banking experience and employees who would be interested in working for the bank.
Just this month, the New Jersey Public Bank Implementation Board submitted a blueprint for the creation of a public bank to Gov. Phil Murphy. So, it seems that public banking efforts are indeed gaining momentum and clarity. But would these public banks help cities and state governments keep money away from Wall Street?
Yes, public banking activists are working in a significant number of states in the U.S. Public banking is also widespread in other parts of the globe. Many of these activists have proposed public banking institutions based on the model of the Bank of North Dakota, the only state bank in the U.S. (There is also a new public bank in Guam, with the motto: “The better-for-all-of-us bank: Reinvesting in the communities we serve.”)
The Bank of North Dakota, started by populist activists in 1919, operates on the partnership model: The bank does not take deposits from the public, but rather holds tax funds from the North Dakota Treasury; it does not typically lend directly to final borrowers, but rather lends to “partner” banking institutions who then on-lend to direct customers such as small businesses, housing developers, farm cooperatives, and the like.
The partnership model is being adopted by a number of public banking activist groups, including those in Massachusetts and New Jersey. This partnership model is designed to reduce competition with private financial institutions, with a focus on assuaging the concerns of smaller banks. Moreover, by lending cheaper credit to smaller community banks and helping to provide training for smaller, less experienced borrowers, some public banking models are able to help smaller community banks widen their customer base.
Still, these types of public banks, relatively small as they are, will not reduce these states’ reliance on Wall Street significantly, for example, as far as underwriting infrastructure bond issues and these kinds of financing needs are concerned. But they will help underserved borrowers and meet neglected community needs.
To really be able to compete with Wall Street and the big banks, public banks will have to become larger and more numerous. The Public Banking Act, a federal bill filed by Representatives Alexandria Ocasio-Cortez and Rashida Tlaib, would, if passed, provide a federal regulatory infrastructure, liquidity support, and other assistance for public banks, making the establishment and running of such banks easier and likely to be more successful.
But placing public banking on a more level playing field with the big Wall Street banks will take a lot more than this. After all, the federal government has been bailing out these mega institutions several times to the tune of trillions of dollars over the last 40 years or more. Public banks have some catching up to do.
In your book, you argue that the Federal Reserve can be seen as having the potential to act as a national bank and thus play an important role as an agent of economic development in an era of climate change. Is this a realistic expectation given the model of capitalism that prevails in the U.S. economy and the power of the Bankers’ Club? Indeed, can the Fed ever become more accountable and democratic when the political system itself is dominated by money and makes a mockery of democracy?
The Federal Reserve is the biggest and most powerful public bank we have. Indeed, it is probably the most powerful public bank in the world. Yet, for the most part, it is overly focused on supporting the private financial institutions and markets, including engaging in trillion-dollar bailouts of banks and other financial institutions on what seems to be an increasingly frequent basis.
The Fed should have a broadened mandate to play a role in promoting the transition to a green economy, directly or indirectly increasing capital for underserved communities, and supporting the growth and reach of public banking. The debate over the role of the Fed and a public bank more generally has been a staple of U.S. history, and it is time that we keep it going and increase our calls for a truly public Federal Reserve.
Activists have made some progress around the edges: They have successful broadened the representation on the Regional Federal Reserve’s boards of directors to include fewer bankers and more community members; and during the height of COVID-19 crisis, through their influence on members of Congress, they won concessions from the Fed to include some small business and community credit facilities in their emergency bailout activities.
Yet, as you say, as in previous periods, there is enormous opposition, especially from the Bankers’ Club, to altering the orientation of the Fed. Still, the Fed is a creature of Congress, and, in principle, Congress can change the Fed’s mandate and marching orders. But to succeed here would require more progressive control in Congress which, in turn, would require the protection and expansion of real democracy in the U.S.
The key here is to limit the role of money in politics, but, as political scientist Doug Amy describes on his enormously valuable website, Second-Rate Democracy, restoring democracy will require much more than that. And now, with the threat of fascist Trumpism, our democracy is even more endangered.
Reform or revolution? Which strategy would work best toward enhancing the prospect of radical financial and social restructuring?
In a sense we need both. Where to start? Some believe we need to wait for another great financial crisis to sufficiently shake up the system, to generate enough anger and disgust, to generate a revolutionary moment to transform the economy, with finance along with it. I point out in the last chapter of my book that this is a problematic strategy since we have many cases, some as recent as the great financial crisis, when crises move politics to the right, not just to the left.
I urge people to join up with one or more of the Club Buster groups around the country (or world), for example Americans for Financial Reform, or a public banking initiative, or anti-fossil fuel funding activism, or work for politicians who will fight fascism and protect democracy.
Winning these battles will weaken the Bankers’ Club, encourage reformers and activists, and enhance their power to change our economy in more comprehensive ways — even revolutionary ways. At least, this is my hope.
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C.J. Polychroniou is a political scientist/political economist, author, and journalist who has taught and worked in numerous universities and research centers in Europe and the United States. Currently, his main research interests are in U.S. politics and the political economy of the United States, European economic integration, globalization, climate change and environmental economics, and the deconstruction of neoliberalism’s politico-economic project. He is a regular contributor to Truthout as well as a member of Truthout’s Public Intellectual Project. He has published scores of books and over 1,000 articles which have appeared in a variety of journals, magazines, newspapers and popular news websites. Many of his publications have been translated into a multitude of different languages, including Arabic, Chinese, Croatian, Dutch, French, German, Greek, Italian, Japanese, Portuguese, Russian, Spanish and Turkish. His latest books are Optimism Over Despair: Noam Chomsky On Capitalism, Empire, and Social Change (2017); Climate Crisis and the Global Green New Deal: The Political Economy of Saving the Planet (with Noam Chomsky and Robert Pollin as primary authors, 2020); The Precipice: Neoliberalism, the Pandemic, and the Urgent Need for Radical Change (an anthology of interviews with Noam Chomsky, 2021); and Economics and the Left: Interviews with Progressive Economists (2021).