For years, we've submitted to the economic orthodoxy dictated by Bay Street: that governments must deliver balanced budgets and low spending. Then along came the pandemic.
Wyatt James Schierman
Government debt is not the bogeyman neoliberals make it out to be. Reductions in government spending are the real danger.
If a basic income were to be introduced in Canada, it is unlikely the left would be in a position to ensure its implementation would safeguard the social safety net.
Long-term care companies and fossil-fuel producers impose large social and environmental costs on ordinary Canadians. Governments must protect the public from these costs in the post-pandemic economy.
Even in a pandemic, many fortunate Canadians will still be able to file their taxes with virtual support. Low-income Canadians who don't have access to these resources will have a much harder time.
The pandemic is showing us all our weaknesses. We have time to correct them, before we destroy the planet in the endless pursuit of profit.
Canada's national debt grew after the Second World War, but the economy grew faster. With low borrowing costs, we're well positioned to run up debts that put Canadians back to work.
As we transition out of economic lockdown, the bank should encourage debt forgiveness. Easing mortgage and credit card debt is an effective way to promote growth.
With grim economic prospects forecast as a result of the COVID-19 pandemic, campaigns have launched to rebuild the economy differently.
When labour is feminized, it is structurally undervalued and even delegitimized. The COVID-19 crisis further exposes the ways that this process puts workers in harm's way.