Global development, Poverty, Inequality, Society, Climate crisis, Environment, Economics, Economic policy, United Nations, Human rights, Human rights Business | The Guardian
Economic growth allows the few to grow ever-wealthier. Ending poverty and environmental catastrophe demands fresh thinkingEconomic growth will bring prosperity to all. This is the mantra that guides the decision-making of the vast majority of politicians, economists and even human rights bodies.Yet the reality – as detailed in a report to the United Nations Human Rights Council this month – shows that while poverty eradication has historically been promised through the “trickling down” or “redistribution” of wealth, economic growth largely “gushes up” to a privileged few. Continue reading…
Economic growth allows the few to grow ever-wealthier. Ending poverty and environmental catastrophe demands fresh thinking
Economic growth will bring prosperity to all. This is the mantra that guides the decision-making of the vast majority of politicians, economists and even human rights bodies.
Yet the reality – as detailed in a report to the United Nations Human Rights Council this month – shows that while poverty eradication has historically been promised through the “trickling down” or “redistribution” of wealth, economic growth largely “gushes up” to a privileged few.
