There is enough global wealth to eradicate poverty several times over. There is enough food to feed the world. But our economic policies and systems are undemocratic, inefficient and ineffective. Tax havens, banks, hedge funds and corporations, flourishing in a neoliberal policy environment, are as responsible for millions of child deaths as viruses and bacteria. Socio-economic inequality – growing at the global level and within many countries – breeds violence and conflict; and undermines good governance and sustainable development.
Medact exists to support the wider development movement to reform our global economic institutions. It works to promote tax as a public health policy instrument that can strengthen democracy and promote redistribution. It calls for the eradication of tax havens and for a reallocation of global resources towards social development and environmental protection.
The Economic Justice & Health Group meets fortnightly on Thursdays at 7pm.