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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
Neoliberalism
A set of theories and beliefs
• Free Markets
• Small states
• Strong private property rights
• Low taxation
• Homo economicus
• Individualism
• All that matters has a price (and can be priced)
Linked to Idea of economic growth being fundamental
Associated with ‘globalisation’
A political project …..
Theory ≠ Practice
Neoliberalism
Not just a set of theories and ideas ….
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)
0
2
4
6
8
10
12
20 25 30 35 40 45 50 55 60 65 70 75 80
NumberofCountries
Gini Coefficient (%)
Global Gini Coefficient Compared with Frequency
Distribu on for Individual Countries
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 ($1.25-a-day)
– requires GDP pc > $110,000 (2005 PPP)
• 11 x 2010 level
• 3.3 x high-income OECD average
– take >100 years at 1993-2010 global growth rate
• Or ….
– poverty gap = 0.6% of global GDP (PPP)
Source: David Woodward
Eradicating poverty ($5 / day)
– requires GDP pc > $1.35m (2005 PPP)
• 135 x 2010 level
• 40 x high-income OECD average
– take >200 years at 1993-2010 global growth rate
• Or …
– poverty gap = 6.7% of global GDP (PPP)
Source: David Woodward
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 global warming to 2°C
Far beyond the potential of known/anticipated technologies
The rich provoke climate change through over consumption
The poor are dependent on the over-consumption of the rich for their
meagre economic growth
and are contributing to ecological suicide at the local level through
desperation and short term survival
Neoliberalism and climate change
• Intellectual property rights regime
• Corporate capture
– Monopolies and oligopolies
• Financialisation
• Political failures / democratic deficits
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
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
And join Medact …….
Thankyou
And go well Dr Jonny …..
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

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Politics, Poverty and Political Economy: David McCoy

  • 1. Politics, Poverty and Political Economy: The backdrop to climate change David McCoy Centre for Primary Care and Public Health, Queen Mary University Medact
  • 2.
  • 4. Neoliberalism A set of theories and beliefs • Free Markets • Small states • Strong private property rights • Low taxation • Homo economicus • Individualism • All that matters has a price (and can be priced) Linked to Idea of economic growth being fundamental Associated with ‘globalisation’ A political project ….. Theory ≠ Practice
  • 5. Neoliberalism Not just a set of theories and ideas ….
  • 6. Rising inequality and enduring poverty • > 50% of humanity lives below $3.25 / day
  • 7. • 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)
  • 8. 0 2 4 6 8 10 12 20 25 30 35 40 45 50 55 60 65 70 75 80 NumberofCountries Gini Coefficient (%) Global Gini Coefficient Compared with Frequency Distribu on for Individual Countries
  • 9. 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.
  • 10. Eradicating poverty ($1.25-a-day) – requires GDP pc > $110,000 (2005 PPP) • 11 x 2010 level • 3.3 x high-income OECD average – take >100 years at 1993-2010 global growth rate • Or …. – poverty gap = 0.6% of global GDP (PPP) Source: David Woodward
  • 11. Eradicating poverty ($5 / day) – requires GDP pc > $1.35m (2005 PPP) • 135 x 2010 level • 40 x high-income OECD average – take >200 years at 1993-2010 global growth rate • Or … – poverty gap = 6.7% of global GDP (PPP) Source: David Woodward
  • 12. 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 global warming to 2°C Far beyond the potential of known/anticipated technologies
  • 13. The rich provoke climate change through over consumption The poor are dependent on the over-consumption of the rich for their meagre economic growth and are contributing to ecological suicide at the local level through desperation and short term survival
  • 14. Neoliberalism and climate change • Intellectual property rights regime • Corporate capture – Monopolies and oligopolies • Financialisation • Political failures / democratic deficits
  • 15. 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
  • 16. 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
  • 17. And join Medact …….
  • 18. Thankyou And go well Dr Jonny …..
  • 19. 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

Editor's Notes

  1. We are used to talking about health inequalities; or inequalities in access to careThese are the results of
  2. We hope to the create the tools/platform for health professionals to lobby and campaign; the administrative capacity; the technical know-how; the networks. We will be the go-to organisation for an alternative perspective on social and economic determinants of health.Enabling infrastructure. What will that look like?