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Injustice and economics

On 30 May 2014 Sutton for Peace and Justice hosted a public meeting ‘Our economy was destroyed and the poor were blamed’, which examined the myths that allow inequality to persist and how we might do to move to a more equal and happier society.

S4P&J member Mike McLoughlin started the meeting with a plain talking presentation to set the scene and prompt discussion. The first part of his talk was based on ideas contained in Daniel Dorling’s 2010 book, ‘Injustice, Why Social Inequality Still Persists’, and expanded on the five myths: elitism is efficient, greed is good, leading on to exclusion is necessary and prejudice is natural; which all taken together result in despair being inevitable for the growing number of deprived people.

In the second part, Mike discussed the economic ideas the Government follows and why they are wrong, focussing on the financial deregulation that led to the economic crash, and the dominance of the ideas propounded by the neo-classical economists.

The attached paper sets out in more detail what he said.  Please download, read and share.

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