Opinion | Tax the Superprofits to Win the Inflation Battle and Defend Human Rights

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Opinion | Tax the Superprofits to Win the Inflation Battle and Defend Human Rights
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'Pandemics, wars, and recessions do not exempt states from meeting their human rights commitments. They must tax multinationals and the richest more to finance targeted policies protecting the most vulnerable against the cost-of-living crisis.'

For many, it began with canceling a doctor's appointment, not buying clothes for their children, giving up on visiting relatives because of the cost of transportation, and paying only the most urgent bill. Quickly, they were forced to cut back on food, by reducing first quality and then quantity, and then even skipping meals. Even though they are working and receiving a salary, today, they find themselves lining up at food banks to feed their children and themselves.

It is in the midst of crises that the commitment to human rights is most meaningful, as is through social protection and public services, that states succeed in protecting the livelihoods, as well as the economic, social, and cultural rights, of the most vulnerable. Everywhere, families are losing the inflation battle. Once their coping mechanisms are exhausted and nothing more can be dispensed, what remains are feelings of anguish, and lack of control. They no longer have a say in decisions affecting their lives, they are forced to depend on others resulting in a loss of dignity. This is, in fact, a violation of their human rights.

At the forefront of the victims of the cost-of-living crisis are, as always, the most vulnerable: children, women, the elderly, people with disabilities, minorities, and migrants. In England, for example, where 2.2 million more people are forced this year to sacrifice expenses that are essential to their well-being. The New Economics Foundation calculates that soaring costs

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