COVID-19 has brought us to an historic crossroads. Which direction will we go?
The prosperity and stability of the post WW II era failed us in many ways, resulting in gross income inequality and insecurity. Middle class and worker incomes have stagnated while more and more wealth is held in the hands of the few – the top 1%. In turn, billionaires buy influence and dominate political and economic decisions — decisions that favor themselves. Governments have lowered taxes and relaxed industrial regulations, resulting in environmental degradation and eroded public health and services. Greater income equality, exploited by authoritarian demagogues like Trump and Bolsonaro, has increased social fears and divisions, anger and extremism. COVID-19 has accentuated these problems. We are at historic crossroads. Which direction will we go? Read Bill Sundhu’s analysis and incisive suggestions at https://billsundhu.ca/blog/