The backdrop to climate change David McCoy Centre for Primary Care and Public Health Queen Mary University Medact Friederich Hayek Neoliberalism A set of theories and beliefs Free Markets Small states ID: 170074
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Slide1
Politics, Poverty and Political Economy:The backdrop to climate change
David McCoy
Centre for Primary Care and Public Health, Queen Mary University
MedactSlide2Slide3
Friederich
HayekSlide4
Neoliberalism
A set of theories and beliefs
Free Markets
Small states
Strong private property rights
Low taxationMonetary policyHomo economicus
Individualism
All that matters can be
pricedIdea of economic growth being fundamentalAssociated with ‘globalisation’A political project …..Theory ≠ Practice
Anglo-American roots ….Not ‘patriotic’ ….China ….Latin America ….Slide5
So what?
Rising inequality and enduring poverty
50% of humanity lives below $3.25 / daySlide6
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)Slide7Slide8
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. Slide9
Eradicating poverty
($5 /
day
)
requires
GDP pc > $1.35m (2005 PPP)135x 2010 level40x high-income OECD
average
increasing
global GDP by a factor of >170takes >200 years at 1993-2010 global growth rateBy comparisonPoverty
gap = 6.7% of global GDP (PPP)Source: David WoodwardSlide10
Eradicating poverty
($1.25-a-day)
requires
GDP
pc
> $110,000 (2005 PPP)11x 2010 level3.3x high-income
OECD
averageincreasing global GDP by a factor of nearly 15takes >100 years at 1993-2010 global growth rate
By comparisonPoverty gap = 0.6% of global GDP (PPP)
Source: David
Woodward
Video:
http
://www.medact.org/resources/multimedia/david-woodward-rack-hot-place-can-reconcile-poverty-eradication-tackling-climate-change/Slide11
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°C
Far beyond the potential of known/anticipated technologiesSlide12
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 regimeCorporate capture
Monopolies and oligopolies
Financialisation
Political failures / democratic deficitsThe Global Health ParadoxSlide13
ImplicationsAlternative 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=rFpHs0sDKugSlide14
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 worldSlide15
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