Et Tu, Bhutan? Cryptocurrency and Late-Stage Capitalism
Crazy Town · Post Carbon Institute
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Show Notes
Maximize profits, exploit nature, hoard money, and, like Buzz Lightyear, grow the economy to infinity and beyond! That’s the modern economic playbook. But for decades, one renegade country has taken a contrarian stance that actually cares about people’s wellbeing and environmental health: the Himalayan nation of Bhutan. When Bhutan embraced “Gross National Happiness” and a sane notion of progress, environmentalists and social reformers rejoiced. They spotlighted Bhutan as an example of how we can build a better economy. But now it seems that no one can escape the gravity field of techno-capitalism’s black hole of cryptocurrency and bullshit investments. In today’s episode, we explore Bhutan’s dark turn and go on the hunt for other examples of nations doing things to curb overexploitation of people and the planet.
Originally recorded on 7/21/25. Visit Crazy Town on the web.
Sources/Links/Notes:
- To be fair, Bhutan is still working on Gross National Happiness. In fact, there's a Global GNH Forum being staged November 7-12, 2025 in Dungkar Dzong, Paro, Bhutan.
- Steven Anderson, "Bhutan Uses Bitcoin to Boost Salaries and Curb Brain Drain," The Currency Analytics, April 15, 2025.
- The creation of Nunavut
Related episode(s) of Crazy Town:
- Episode 37, "Discounting the Future and Climate Chaos"