Our Perspective
Economic injustice flows from the lack of power that those who earn wages or receive government benefits (due to disability, age, etc.) have in relation to those who have wealth. After 40 years of neoliberalism,(we are seeing an escalating gap between the rich and the poor); stagnant wages, huge household debt, precarious work without benefits, rising homelessness, and widespread use of food banks have become normal. More and more people are one or two paycheques away from losing their homes. Meanwhile, those at the bottom watch those at the top increase their wealth and income exponentially while evading paying taxes and other responsibilities toward society.
Huge levels of economic inequality lead(s) to an inherently unstable society with higher levels of desperation, violence and especially family violence. Insecurity and instability lead to more stress, mental health problems, and drug addiction. A transition to a new economy must include fair wealth distribution amongst all people. This builds trust in communities. People whose basic needs are met are more able to band together to solve big challenges like climate change. Kate Raworth, in Doughnut Economics, tells us we have to simultaneously contain economic activity within the earth’s natural boundaries and meet the basic needs of all our human populations. Economic justice is about putting the needs of people and the planet above the needs and desires of the wealthy.
Our Commitments
- Ensure our analysis is shared through all of our communications (website, JUSTnews, etc.).
- Advocate for a systemic change that includes a just transition that addresses social and economic inequality and provides concrete proposals for change. (e.g. guaranteed liveable income, wealth tax)
- Join in movements to address the on-going crises of inequality (homelessness, poverty, mental health, addictions and overdoses)