Politics, Poverty and Political Economy: The backdrop to climate change
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Transcript of Politics, Poverty and Political Economy: The backdrop to climate change
Politics, Poverty and Political Economy:
The backdrop to climate change
David McCoy
Centre for Primary Care and Public Health, Queen Mary University
Medact
Friederich Hayek
NeoliberalismA set of theories and beliefs
• Free Markets• Small states • Strong private property rights• Low taxation• Monetary policy
• Homo economicus• Individualism • All that matters can be priced
• Idea of economic growth being fundamental
• Associated with ‘globalisation’
A political project …..
Theory ≠ Practice
Anglo-American roots ….
Not ‘patriotic’ ….
China ….
Latin America ….
So what?
• Rising inequality and enduring poverty
– 50% of humanity lives below $3.25 / day
• Richest 2% of adults owned 51% of global assets in 2000• Bottom half owned barely 1%
Davies, Sandström, Shorrocks and Wolff, 2006. World Distribution of Household Wealth. World Institute for Development Economics Research (WIDER)
Source: Alvaredo, Atkinson, Piketty and Saez (2013) ‘The World Top Incomes Database’, http://topincomes.g-mond.parisschoolofeconomics.eu/ Only includes countries with data in 1980 and later than 2008.
Eradicating poverty ($5 / day)
– requires GDP pc > $1.35m (2005 PPP)• 135x 2010 level• 40x high-income OECD average
– increasing global GDP by a factor of >170– takes >200 years at 1993-2010 global growth rate
• By comparison– Poverty gap = 6.7% of global GDP (PPP)
Source: David Woodward
Eradicating poverty ($1.25-a-day)
– requires GDP pc > $110,000 (2005 PPP)• 11x 2010 level• 3.3x high-income OECD average
– increasing global GDP by a factor of nearly 15– takes >100 years at 1993-2010 global growth rate
• By comparison– Poverty gap = 0.6% of global GDP (PPP)
Source: David WoodwardVideo: http://www.medact.org/resources/multimedia/david-woodward
-rack-hot-place-can-reconcile-poverty-eradication-tackling-climate-change/
Global Growth and Poverty with Binding Carbon Constraints
Poverty increase
Global growth
Markets/ opportunities
Poverty reduction
Increased emissions
Climate change
Carbon intensity of global GDP must fall 92-97% to limit climate change to +2°CFar beyond the potential of known/anticipated technologies
So what?
• Inequality and enduring poverty
– The rich provoke climate change through over consumption– The poor commit ecological suicide at a local level through desperation and short term
survival
• Intellectual property rights regime
• Corporate capture– Monopolies and oligopolies
• Financialisation
• Political failures / democratic deficits
The Global Health Paradox
Implications
• Alternative development paradigm
• Global governance
• Political bottlenecks / millstones
Between the Rack and a Hot Place: Can we Reconcile Poverty Eradication and Tackling Climate Change?David Woodward
http://www.youtube.com/watch?v=rFpHs0sDKug
Health and Human Rights
Weapons and War
Climate and Ecology
Economic Justice
Holistic analysis of the inter-connectedness of these issues
looked through the lens of health, sustainability and justice …..
Nuclear weapons
Impact assessment
Biological and chemical warfare
Protection of civilians and health workers
Non-nuclear weapons
Drones
Psycho-social rehabilitation post conflict
Tax and Health
Trade, investment and finance
Intellectual property / Privatisation of knowledge
Global warming
Nuclear energy
Water
Access to care for refugees, asylum seekers
People held in detention
Human rights medicine and medical complicity in torture
Privatisation and commercialisation of health care
Corporate capture of public health
Health professionals for a fairer, safer and better world
Food worth a week of discussion ……
Read up
Be empowered
Recognise that we are led by many an emperor with no clothes ….
Recognise that we are also ruled by many who need to be opposed …..
But the bulk of us are decent and sensible
Thankyou