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Shantastic Marie

Occupy the London Stock Exchange - 0 views

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    Several lists of "statements" -> demands
Shantastic Marie

FAST FACTS: Connecting the Dots | Canadian Centre for Policy Alternatives - 0 views

  • rise in attention being paid to the growing poverty and inequality in Canada
  • The Occupy movement can be credited for much of the recent attention but it is the data being released by mainstream institutions and ‘think tanks’ that have made it politically acceptable to challenge the dismal reality. Most recent is the Organization for Economic Cooperation and Development (OECD) report Divided We Stand: Why Inequality Keeps Rising (Dec. 2011). It shines a spotlight on the growing inequality in OECD countries, including Canada, which is shown to have income inequality above the OECD average
  • significant coming from the OECD
  • ...11 more annotations...
  • recognition that significant change is in order
  • economic policies are at the root of the problem. The report acknowledges that the policies that have given us an increasingly low-wage economy, inequitable tax policies and a shrinking social safety net are not serving us well
  • OECD appears to be realizing
  • For the OECD, this is a major shift in thinking
  • Neoliberalism was supposed to make the world a better place for us all.
  • The OECD Jobs study had a significant influence on policy reforms in Canada through the 1990s, many of which were first outlined in the Liberal government’s 1994 policy paper Agenda, Jobs and Growth. This document provided the template for a restructuring of social policy in Canada throughout the 1990s – a template that continues to guide policy today.
  • “Canada spends less on cash benefits such as unemployment benefits and family benefits than most OECD countries. Partly as a result, taxes and transfers do not reduce inequality by as much as in many other countries. Furthermore, their effect on inequality has been declining over time.”
  • “publicly provided services fulfill an important direct redistributive role” and that the scaling back of employment protection, something that the Jobs Study advocated for “ had an overall disequalizing effect.” The OECD report leaves us with hope because it demonstrates that we need to rethink neoliberal economic theory.
  • begin a process of reversing the damage done
  • As recommended by the OECD, this will require that we return to a more equitable taxation and redistribution model, and invest in education and social programs
  • latest mantra—austerity
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