Friday, November 29, 2024

wacced out reality

 If you haven't realized by now, my study playlist has heavily featured Kendrick Lamar this semester. In the opening song of his latest album, Lamar raps

It's a lot of opinions, but no power to carry it
2025, they're still movin' on some scary shit.*
*movin' on scary shit = being motivated by fear or acting in a cowardly manner in AAVE

 
Yes, I know this is from squabble up but the visual fits the pensive mood.

Though the artist is referring to people who are spectating but ultimately uninvolved with his controversial beef with a popular Canadian celebrity, this can also adequately sum up the reception of an Open Letter to the UN Secretary-General and President of the World Bank, published in July 2023, and its aftermath. It was co-authored by two economists and signed by over 200 notable people including fellow economists, educators, diplomats, and even current and former heads of state. The Guardian's Larry Elliott sets the scene pretty well. Here's a direct quote from the letter itself that describes the heart of the issue:

We know that high inequality undermines all our social and environmental goals. The 2006 World Development Report, as well as multiple other studies, have shown that extreme inequality of the kind we are observing today has a destructive effect on society. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing climate breakdown will be in clear conflict.

 In the year since the publishing of the letter there has been negligible movement. The World Bank Shared Prosperity overview still declares "Improvements in Shared Prosperity have Stalled" as of October 2024. The UN reports a similarly bleak outlook for Sustainable Development Goal 10 (SDG10). Even more discouraging is the lack of improvement in the quality of data collected and analyzed to measure inequality since it was highlighted as a weak point. The infographic below paints a vague yet discouraging picture. 


Despite the production of colorful reports and political theater proclaiming the need for multilateral cooperation to meet the SDGs it seems that no one in the international community has the power to enact or enforce meaningful change. It's almost as if no one is in charge. With 2024 swiftly drawing to a close, it's safe to forecast that SDG10 will not be met in the remaining 5 years. Whether the cause is ineptitude, conflicting interests, hesitancy to relinquish the status quo, or negligence, the mounting inequality may well preclude meeting the goal beyond the next UN Sustainable Development Summit. 

It's a lot of opinions, but no power to carry it
2025, they're still movin' on some scary shit.

 Indeed, there are many who would prescribe solutions to this international crisis of inequality while abdicating responsibility due to alleged impotence. However, nothing will be accomplished until power is appropriately leveraged where it can be exercised. My hope is that the people who were unaware of the international implications of inequality are inspired to organize. At this point it seems that only grassroots movements will move the needle since they're the only ones with the productive combination of numbers, power, and conviction.

It seems like only marginalized communities will save marginalized communities.


No comments:

Post a Comment

No lurking allowed. Engage!

wacced out reality

 If you haven't realized by now, my study playlist has heavily featured Kendrick Lamar this semester. In the opening song of his latest ...