While diversity tax credits seem like a good policy move on the surface, evidence demonstrates that if they function as incentives to hire already marginalised equity-seeking groups, they will not fix The Problem. Why?/...
Because further discounting the value of under-valued talent does ZIP ZERO to increase their industry capital. In fact, it reinscribes the idea that they are less worthy. #policyfail /....
We all know tax credits are widely ‘gamed’ for advantage. This is not new. Who the object of the ‘game’ is matters and has economic, political and social consequences/....
All policy has unintended consequences. This is part and parcel with policy experimentation. It is critical to interrogate what those may be BEFORE we run headlong into policy recommendations in a rush to fix problems/...
It’s all in the design and how ‘the problem’ is understood. If you make diversity accountable, transparent and a PRECONDITION to get film & tv tax credits, you *might* start changing structural problems because/...
Film & tv tax credits are very powerful instruments that shape local labour markets and foreign direct investment decisions globally. Which is why we had a race to the bottom in the 2000s and who lost? WORKERS./....
Now before you all start screaming, of course tax credits boosted, and continue to boost labour markets. But they also pitted labour markets and regions, and unions, and workers - largely white male workers - against each other/....
This race took over 10 years to begin to address, and is in many places still firing fierce as the rent-seeking behaviour, and structure risk power of global capital, makes its way through an increasingly fractured world SO/...
If the goal is to build a screen industry built on principles and practices of respect, inclusion and belonging, we must think through policy that fosters just that - not policy that discounts the value of its most valuable, and undervalued asset - the voices we are not hearing.
(this was supposed to read as structural power of global capital, but autocorrect throwing risk in there works nicely too, as @DEikhof and @bestqualitycrab would likely concur)
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.