4.2 • 770 Ratings
🗓️ 23 December 2020
⏱️ 58 minutes
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Mark Carney, the former Governor of the Bank of England, argues that the roots of the climate change threat lie in a deeper crisis of values. He suggests that we can create an ecosystem in which society’s values broaden the market’s conceptions of value. In this way, individual creativity and market dynamism can be channelled to achieve broader social goals including, inclusive growth and environmental sustainability.
Presenter: Anita Anand Producer: Jim Frank Editor: Hugh Levinson Production Coordinator: Brenda Brown Studio Manager: Rod Farquhar
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0:00.0 | You're about to listen to a BBC podcast, but this is about something else you might enjoy. |
0:05.4 | My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds. |
0:10.8 | The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that. |
0:17.5 | With music on sounds, we offer collections and mixes for everything, from workouts to |
0:22.4 | helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put |
0:28.3 | together by people who know their stuff. So if you want some expertly curated music in your life, |
0:35.0 | check out BBC Sounds. Hello, I'm Mark Carney. |
0:38.3 | And in my BBC Reef lectures, I'm going to chart how we've come to esteem financial value over human values |
0:45.3 | and how we've been moving from market economies to market societies. |
0:50.3 | I'll argue that this has contributed to a series of global crises of credit, COVID, and climate, |
0:58.8 | and I'll outline how we can turn this around. |
1:02.4 | In this, the fourth and final lecture of my Reith lecture series, I'm going to look at climate change. |
1:08.2 | I'll argue that a deeper crisis in our values has helped lead us into |
1:12.8 | this climate crisis, but it's not too late. By reframing what society values, the market can help |
1:21.5 | us find the solution. Welcome to the fourth and final BBC wreath lecture for 2020 with Dr Mark Carney. |
1:33.1 | Dr. Carney is one of the world's top economists working around the globe in some of the most |
1:38.1 | important financial institutions. Until recently, he served as governor of the Bank of England, |
1:43.6 | a role he previously carried |
1:45.3 | out in his native Canada. |
1:47.7 | Over the course of this series, he's argued that we need to re-prioritise. |
1:53.1 | We've been subjugating our own human values in deference to money and finance, perhaps |
1:58.9 | a surprising message from one who has been, after all, one of the most |
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