PHM-Exch> On-Line Lecture on Poverty, Climate, Global Inequality and an Alternative Development Model

[David Woodward]

“Between the Rack and a Hot Place: Can we Reconcile Poverty Eradication and Tackling Climate Change?”
(http://www.youtube.com/watch?v=rFpHs0sDKug)

David Woodward

Sussex Development Lecture, IDS, Sussex University, 20 February 2012

By any reasonable definition, the majority of humanity is on the rack of poverty; and a major obstacle to its eradication is the growing threat of extreme and irreversible climate change.  The coexistence of a chronic crisis of serious under-consumption for most with an increasingly critical environmental crisis resulting from over-consumption in aggregate can only be explained by extreme inequality in the global distribution of income.  Resolving both simultaneously, as envisaged in the Post-2015 Agenda, requires a fundamental reconsideration of the nature and objectives of economic policy, and of the global economic system. The lecture discusses the extent and implications of global inequality, before building on a number of working hypotheses to outline an alternative model of economic development more conducive to the achievement of these two most fundamental global goals.

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