Human Rights Economy

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The Human Rights Economy (HRE) envisages economies that are consistent with human rights laws. It is a conceptual framework introduced by the Office of the United Nations High Commissioner for Human Rights (OHCHR) indicating that all individuals and organs of society need to respect human rights (preamble, art 29).[1] The OHCHR advocates for the adoption of the Human Rights Economy to ensure that economic and social decision-making are guided by human rights law.[2] The concept posits that by applying human rights law to all aspects of society, a more equitable and sustainable economy will be created. The Human Rights Economy, like human rights, applies to all political and economic systems.[3]

Definition[edit]

According to the OHCHR a Human Rights Economy places individuals and the planet at the core of all economic, social, and environmental policies, plans, and programs.[4] The Human Rights Economy framework aims to ensure that development, economic, industrial and trade policies, investment decisions, business, and consumer choices are guided and their success measured by human rights norms and standards.[5] Further, the Human Rights Economy actively encourages free and meaningful participation, empowers marginalized groups, and deliberately strives to eliminate discrimination and reduce inequalities.[6] It seeks to dismantle structural barriers and impediments to equality, justice, well-being, sustainable growth, and shared prosperity at both national and international levels.[7]

History[edit]

The human rights economy is an attempt to rekindle[8] the letter and spirit of the Universal Declaration of Human Rights (UDHR).[9]

The UDHR was written in the context of the atrocities of World War II and the Great Depression.[10] The drafters designed the document to apply to all aspects of society to create peaceful, prosperous, and inclusive societies; a world free from fear and want.[11]

Human rights were to apply to all political and economic systems.[12]

The human rights economy is designed to contribute to the thinking of what is next after the period of neoclassical economics, as again there is growing consensus that the economic system has contributed to skyrocketing inequalities[13] of wealth, income and power and have contributed significantly to environmental degradation and climate change.[14]

Norms and Principles Underpinning a Human Rights Economy[edit]

The Human Rights Economy is based on the vision of the Universal Declaration of Human Rights (UDHR)[15],and reflects the universality, indivisibility, and interdependence of all human rights and their application to everyone.

The Human Rights Economy operationalizes all human rights treaties including the Convention on the Prevention and Punishment of the Crime of Genocide (1948), the International Convention on the Elimination of All Forms of Racial Discrimination (1965), the International Convention on Economic, Social, and Cultural rights (1976), the International Convention on Civil and Political Rights (1976), both the First Optional Protocol (1976) and the Second Optional Protocol (1989), the Convention on the Elimination of All Forms of Discrimination Against Women (1979), the Convention on the Rights of the Child (1989) and the Convention on the Rights of Persons with Disabilities (2006), among others within the economy.[16]

Related Concept to the Human Rights Economy[edit]

The Human Rights Economy is related and shares some goals with the Green Economy, Circular Economy, Blue Economy, and Feminist Economy. Human rights economics and human rights based economy. The  Human Rights Economy is fully grounded on preexisting legal obligations found in human rights treaties.[17] Thereby, providing ostensibly an agreed and legally binding framework to be applied to the economy.[18]

Use of Human Rights Economy[edit]

Recently, the Human Rights Council (HRC) acknowledged the concept of the Human Rights Economy in ResolutionA/HRC/53/28 on the contribution of Development to the Enjoyment of all Human Rights.[1] In addition, the HRC report A/HRC/51/20 on Promoting and protecting economic, social, and cultural rights within the context of addressing inequalities in the recovery from the coronavirus disease (COVID-19) pandemic, the HRC report A/HRC/54/35 on the Vision of the Office of the United Nations High Commissioner for Human Rights for reinforcing its work in promoting and protecting economic, social and cultural rights within the context of addressing inequalities in the recovery from the COVID-19 pandemic, Economic, Social, and Cultural Rights report E/2021/77 all made use of the Human Rights Economy concept.[19][20][21] During the Roundtable 3, Human Rights 75 High-level Event on 12 December, 2023 the Human Rights Economy was used in the light of the discussion of “The Future of Human Rights, Development and the Economy”.[22] Civil Society Organizations (CSOs) such as Human Rights Watch and the Universal Rights Group  have utilized  the concept.[23] Economists Professor Jayati Ghosh , Mariana Mazzucato and Darrick Hamilton have[24] likewise expressed their support for the implementation of the Human Rights Economy.[25] Further, academic institutions including the New School[26],Raoul Wallenberg Institute,[27] and the University of Tokyo by Professor Ai Kihara-Hunt have shown support and endorsement of the Human Rights Economy concept and vision.[28]

References[edit]

  1. ^ a b UN General Assembly (18 July 2023). "Resolution adopted by the Human Rights Council on 14 July 2023" (PDF). Retrieved 6 April 2024.
  2. ^ OHCHR (20 April 2023). "Türk issues call to build economies that advance human rights for all". Retrieved 6 April 2024.
  3. ^ OHCHR (6 February 2023). "Türk calls for a human rights economy". Retrieved 6 April 2024.
  4. ^ OHCHR (6 April 2023). "Building economies that place people's human rights at the center". Retrieved 24 February 2024.
  5. ^ Aspeninstitute (19 January 2023). "Economics Reimagined: A Discussion on Building a Human Rights Economy". Retrieved 24 February 2024.
  6. ^ Bartmann, Y., & Lienert, S (October 2020). "BUILDING BACK BETTER" (PDF). Retrieved 24 February 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ^ NYFED (27 September 2022). "Exploring Baby Bonds as a Tool to Improve Economic Security". Retrieved 24 February 2024.
  8. ^ OHCHR (24 January 2023). "In Colombia, High Commissioner Türk vows to rekindle the spirit of the Universal Declaration of Human Rights". Retrieved 6 April 2024.
  9. ^ OHCHR (20 April 2023). "Türk issues call to build economies that advance human rights for all". Retrieved 6 April 2024.
  10. ^ OHCHR (17 May 2023). "Türk calls on G7 countries to rekindle the spirit of the Universal Declaration of Human Rights". Retrieved 6 April 2024.
  11. ^ Eide, Asbjørn (2010). "Freedom from need: The universal right to an adequate standard of living–origins, obstacles and prospects" (PDF). Human Rights. Limitations and Proliferation.
  12. ^ UPR (19 October 2023). "Integrating a human rights economy in public policies". Retrieved 6 April 2024.
  13. ^ Way, Sally-Anne; Stanton, Shira (2009). "Human Rights and the Global Economic Crisis" (PDF). Center for Economic and Social Rights.
  14. ^ Smith, James F. (16 February 2022). "Wanted: New economic models for a post-globalization world". Retrieved 6 April 2024.
  15. ^ United Nations. "Universal Declaration of Human Rights". Retrieved 24 February 2024.
  16. ^ United Nations. "Human Rights". Retrieved 24 February 2024.
  17. ^ Donald, Kate (October 2020). "A Rights-Based Economy --- Putting people and planet first" (PDF). Retrieved 6 April 2024.
  18. ^ Human Rights Economics. "Human Rights Economics". Retrieved 6 April 2024.
  19. ^ UN General Assembly (8 August 2022). "Promoting and protecting economic, social and cultural rights within the context of addressing inequalities in the recovery from the coronavirus disease (COVID-19) pandemic" (PDF). Retrieved 6 April 2024.
  20. ^ UN General Assembly (28 July 2023). "Vision of the Office of the United Nations High Commissioner for Human Rights for reinforcing its work in promoting and protecting economic, social and cultural rights within the context of addressing inequalities in the recovery from the COVID-19 pandemic" (PDF). Retrieved 6 April 2024.
  21. ^ UN Economic and Social Council (7 September 2021). "Economic, social and cultural rights" (PDF). Retrieved 6 April 2024.
  22. ^ OHCHR (12 December 2023). "The Future of Human Rights, Development and the Economy" (PDF). Retrieved 6 April 2024.
  23. ^ UN Human Rights Council (18 January 2024). "Sixth Intersessional Meeting on human rights and the 2030 Agenda – 18 January 2024". Retrieved 6 April 2024.
  24. ^ Wellbeing Economy Alliance (25 January 2024). "Building Human Rights Economies with Darrick Hamilton: WEAll talk". Retrieved 6 April 2024.
  25. ^ OHCHR (6 February 2023). "Workshop on promoting and protecting economic, social and cultural rights within the context of addressing inequalities in the recovery from the COVID-19 pandemic". Retrieved 6 April 2024.
  26. ^ The New School (1 September 2022). "The New School's Institute on Race, Power and Political Economy and the United Nations Human Rights Office Partner to Promote a Justice-Based Global Economy". Retrieved 6 April 2024.
  27. ^ Raoul Wallenberg Institute (26 August 2021). "Human Rights Strategies". Retrieved 6 April 2024.
  28. ^ The new school (20 April 2023). "The Office of the High Commissioner for Human Rights and The Institute on Race, Power and Political Economy presents: Hernán Santa Cruz Dialogue". Retrieved 6 April 2024.
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