Placing Care & Education at the heart of a new economic system

28.07.20

UN New York, High Level Political Forum - report and recording of the MMM Side-Event

On 16 July 2020, MMM organized a webinar on ‘Care and education – Cornerstones of just and sustainable economies’ to discuss the economics of care and education. This HLPF side-event aimed at contributing to the current discussions on ‘building back better’ by

  • Spotlighting the failings of our current economic system in recognising the essential role of Care, especially unpaid care work
  • Making the case for a paradigm shift in our economic thinking: spending on care and education must be seen as investments not expenses
  • Calling on governments to action: Covid-19 and its economic devastation offers a unique opportunity to move beyond GDP and prioritize care for wellbeing, sustainability and equity in our economy.

Watch the recording

Read the Report…

Full report on MMM HLPF 2020 side-event

The key takeaways

  1. Like other commons, care must be a collective concern and responsibility. It’s time to widen the discussion beyond academics and policymakers to include the general public, by translating the research and advocacy into ordinary language and make them as compelling as possible. The Covid-19 crisis provides us an opportunity, to wrap-up and be more proactive.
  2. Care for children must be considered as an investment and the time spent on raising children by parents, families and community also factored-in. In particular, Early Childhood Development (ECD) strategies and services have the transformative power to reduce poverty, inequity and violence, and thus build a strong foundation for peace and security, resilience, social justice and cohesion. Supporting mothers/parents/families for ECD is a high returns investment and is more important than ever.
  3. At the company level, promoting the wellbeing of people at work through simple policy and dialogue is also cost effective – it improves performance and also positively impacts life and health at home, especially for working mothers.
  4. Moving beyond GDP and profits as drivers of our economies has become a necessity. Among the hundreds of alternate indicators or dashboards, a few are important and could be identified as interesting for an organisation like MMM to focus upon and try to influence so that care and education are part of a new economic system. However, Time-Use Surveys, which provide key data on care and wellbeing, remain a bottleneck.
  5. The unequal distribution of unpaid care work is at the centre of the spiral of gender inequalities. “Building back better” must prioritize care and education, i.e. social infrastructure over physical infrastructure. Investing in care is sustainable, generates jobs and reduces the gender employment gap. Care should be mainstreamed in all policy-making.
  6. Care is at the heart of wellbeing. The governments of Iceland, New Zealand, Scotland and more recently Wales are showing us a way towards wellbeing economies, with new narratives and visions about how the economy can work to serve human and ecological wellbeing. Each country has developed its own framework for monitoring national progress in aligning economic policy with culture, value and wellbeing goals. These frameworks are the result of a participatory process to assess what matters to people.

Many thanks to our speakers for their rich and varied contributions and recommendations

  • Nancy Folbre, Feminist Economist and Professor emerita of Economics and Director, Program on Gender and Care Work, Political Economy Research Institute, University of Massachusets Amherst – PowerPoint presentation
  • Rima Salah, Chair, Early Childhood Peace Consortium
  • Valentina Urreiztieta, Psychologist, Empreintes Humaines – PowerPoint presentation
  • Rutger Hoekstra, Founder, MetricsForTheFuture.com – PowerPoint presentation
  • Susan Himmelweit, Feminist Economist and Emeritus Professor, Open University (UK) and coordinator of the Policy Advisory Group of the Women’s Budget Group – PowerPoint presentation
  • Amanda Janoo, Knowledge & Policy Lead, Wellbeing Economy Alliance
  • Duncan Fisher, Campaigner for child wellbeing and wellbeing

See also

 

Most read articles

Together with mothers in Afghanistan for the right to education for their daughters

26.11.20

A look back at our online High Level Panel Discussion of 25 November 2020 - Event recording, highlights, how you can get involved in the #RaiseAPen campaign

Lire plus

#RaiseAPen Campaign kicks off

12.11.20

Make Mothers Matter (MMM), backed by key global personalities and organisations, is kicking off the #RaiseAPen campaign with a strong mobilisation video, answering the call of mothers in Afghanistan f

Lire plus

Invitation – Together with mothers in Afghanistan for the right to education for their daughters

12.11.20

Join our high level virtual panel discussion #RaiseAPen on November 25th 2020 16:00 Paris / 19:30 Kabul to hear international decision makers discuss the way forward.

Lire plus
See all the articlesof the category

Latest News from MMM and its Network

Unpaid care work is work that our economic system must recognize, invest in and support

19.07.21

UN New York / HLPF - A look back at our side-event to the UN High Level Political Forum

Read more

Social Platform & EU Social Summit host Flagship Conference

15.07.21

The Social Platform, of which Make Mothers Matter is a member, recently held its annual Flagship Conference "Building Social Europe". This was an official side event of the Portuguese Presidency of the Council

Read more

#RaiseAPen campaign passes important milestones at European Parliament

06.07.21

Our campaign, aimed at supporting Afghan women’s pressing request to a continued right to education, passed two important milestones at the European Parliament recently.

Read more

Changing narratives about unpaid care work and the economy

03.07.21

UN New York / HLPF - Register now to join us virtually at this year’s High Level Political Forum side-event.

Read more

Zero Waste Living – #CHANGE begins at Home

01.07.21

Sylvie Droulans, a Belgian mother of two, is a zero waste activist with an interesting story about her sustainable living journey. In this interview, she tells us how she reduced her household waste to a single

Read more

Recommendation on European Child Guarantee adopted

30.06.21

Make Mothers Matter welcomes the newly adopted Council Recommendation establishing a European Child Guarantee that aims at reducing the number of children at risk of poverty and social exclusion within the Unio

Read more