Profits, Inflation and Survival in an Age of Emergencies with Isabella Weber
From gas to groceries, this lecture provides valuable context and a policy toolkit for helping ordinary Canadians through economic crisis.
From gas to groceries, this lecture provides valuable context and a policy toolkit for helping ordinary Canadians through economic crisis.
The 2024 Ellen Meiksins Wood Lecture was delivered by economist Isabella Weber, demonstrating how economic shocks and corporate profits have affected our affordability crisis. From gas to groceries, this lecture provides valuable context and a policy toolkit for helping ordinary Canadians through economic crisis.
Without redistributive policies, monetary policy alone can be detrimental to employment and wages. In addition to tackling profits through windfall and wealth taxes to fight price inflation everywhere else, we need to increase the price of labour. Governments must raise minimum wages to keep up with inflation, invest in decommodified housing, empower unions to defend…
The final factor, or destructive gift to Manitoba, could well be an expansion of private sector health care delivery. Such an expansion, in the name of pandemic inspired “ innovation”, would be a long time Tory dream come true.
Inequity is a scourge on society, independent of absolute living conditions. It is the cause and consequence of differences in power and resources throughout society, not only at the lowest socioeconomic rungs.
The clear lesson from the past is that, once the sort of inequality that beset the Roman Empire – or that we are experiencing in Canada today – sets in, more often than not it has proven disastrous and in many cases spelled doom for entire societies.
Meeting universal basic needs for participation, health and independence is not a simple consumer choice. Rather, it’s a minimum condition to ensure a vibrant and thriving democratic society.
Across Canada, paid sick days have largely been left to the responsibility of the employer and/or union collective agreements to provide.
As we have learned during this pandemic with long term care facilities, there is a central role by provincial and territorial governments in ensuring the availability of affordable, quality and accessible services and supports for people with disabilities in their everyday lives.