By Roderick Benns
In a recent 2015 paper, Ronald Labonte and David Stuckler argue that the rise of neoliberalism has led to bad economics which in turn has imperiled population health.
They argue that cuts to health and social protection systems under neoliberal nations (like Canada and the US) pose major health risks. As well, structural changes to a new globalized labour market has led to precarious work and rampant under-employment.
Analyses show, say the authors, that the reduction in “social protection spending” by governments were found “to be the main cause of increases in poverty and inequality” in affected countries. By increasing or failing to reduce inequality, they write, any earlier health gains were slowed down or reversed earlier gains. This affected vulnerable populations such as “the poor, rural populations, women, and children.”Read more