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COMMENTARY: How the coronavirus crisis is ushering in a ‘survivalist’ economy

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globalnews.ca

Food. Drugs. Ventilators. Welcome to the survivalist economy, where production is stripped down to the bare bones — the things that people cannot do without or they will literally die.

Governments have declared your local Loblaws an essential service, drug companies are racing to find treatments and vaccines, and auto manufacturers are retooling their plants to produce life-saving medical equipment.

If you’re in these businesses, you’ve never been more vital. But what about the rest of the economy? Already, Amazon has stopped accepting deliveries of “non-essentials” at its warehouses.

Little luxuries, like organic room fresheners and two-colour markers, won’t make the cut. Neither will other things we take for granted, like wall art

Read more on globalnews.ca
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