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Decentralized Democracy

House Hansard - 124

44th Parl. 1st Sess.
November 3, 2022 10:00AM
  • Nov/3/22 6:56:46 p.m.
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Madam Speaker, a couple of years ago, the Canadian Labour Congress published a piece on the new world of work. What does our economy look like for workers when we look at artificial intelligence? We have a gig economy that has already made many people insecure in the jobs they have. I completely agree with my hon. friend. What we are seeing is that as people retire, we have a demographic bubble of boomers who are leaving the workforce and we do not have enough people coming up behind us. That is why we are looking in this fall economic statement at increases in immigration and hoping that those people are trained professionals in the workforce. Construction workers particularly are mentioned in the statement. We could do far more to prepare for artificial intelligence by moving to a guaranteed livable income as quickly as possible to protect our economy from the coming shocks. Then people could choose, knowing that they have just enough income to be above the poverty line, to maybe work a bit in the gig economy, maybe have a garden at home and maybe spend more time volunteering in the community. We would be a healthier society and better able to withstand any shocks that are coming once we adopt a guaranteed livable income.
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  • Nov/3/22 6:59:45 p.m.
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Madam Speaker, I thank my colleague from Hull—Aylmer for his excellent question. We are now in a long emergency, as a book title called it. Madam Speaker, about a decade ago, there was a book by James Kunstler called The Long Emergency, which predicted that we were going to see our economy significantly rocked by what will happen as fossil fuels become more expensive as we move away from fossil fuels. The Long Emergency was about where we are now: real costs are increasing, a real dislocation. That does not mean ongoing inflationary trends. It does mean thinking about how a society flourishes despite these very unusual headwinds. They are unusual now because they are new, but they are not going away. We have to think about that and make sure that we design our economy and our economic signals of what makes us better off. The GDP is not a good measurement to help us chart a course through an ongoing climate emergency. We need to chart our course. I think this is a global challenge. At the end of the Second World War nations met at Bretton Woods to figure out what are the global and shared financial institutions to help us get through that. We need new institutions and a review, a new Bretton Woods, that would help us with both the post-COVID impacts on our economies and the current climate impacts on our economies. We cannot rewrite the laws of atmospheric physics and chemistry. We can easily rewrite the way we want our economy to work if all the economies and central banks of the world get together and say, “This is what we are looking at. How do we protect the citizens and the communities of all, and, I would hope, the non-human species of Mother Earth?”
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