Needs No Introduction

Pension divestment: From funding crises to a radical pension politics

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Sinopse

In our third episode of the season, Tom Fraser, a union researcher and author of Invested in Crisis: Public Sector Pensions Against the Future, and Becca Steckle, a research and policy analyst with Just Peace Advocates, join us to discuss how Canada's public sector pensions are funding crises from housing to genocide, the restructuring of Canadian retirement security into capital funding for militarism and welfare erosion around the world and the urgent need for divestment toward a radical pension politics. According to Fraser: "What I see as specifically contradictory about the structure of the pension fund is that in an age of de-industrial capitalism returns on investment and ..profits ..are directly contradictory with the point of the pension itself … [which] is to enable the continued life of the worker after retirement. But the structure of that sort of capital accumulation necessitates taking value from those same sorts of necessities. There is a basic level contradiction in terms between the pension a