Blueprints of Disruption
Cutting Through the Knot of Social Investment with Tom Fraser
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Episode notes
Did you know that some public sector pensions, like the Ontario Municipality Employees Retirement System (OMERS) invests in the very companies that contribute to the exploitation of retirees and the commodification of aging?
That is just one example of 'social investments gone awry' that author and researcher Tom Fraser brings to our discussion from his book, Invested in Crisis, Public Sector Pensions Against the Future. He explains how we got to the point where (mostly unionized) workers are heavily invested in real estate across the globe, pipelines, privatized healthcare and water infrastructure, and other industries we're mobilizing against.
Good news is Tom also talks about potential solutions and ways out of this cycle of trying to secure power over industries by investing in them.
Hosted by: Jessa McLean
Call to Action: Support the Campaign to Divest Ontario Teachers Pension Plan
Related Episode:
- The Tenant Class, with Ricardo Tranjan, where the subject of real estate investment trusts is raised and the barrier pensions present;
More Resources:
- The Maple: Major Canadian Union Calls for Divestment of Tesla
- Buy Tom's Book: Invested in Crisis – Between the Lines
- Huff Post: COVID-19 Has Killed 164 At Revera's Care Homes. Their Families Want Answers.
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