A New Vision for Capitalism, with Anne Case, Angus Deaton and Francine Lacqua

Intelligence Squared

News, Society & Culture, Arts, News Commentary

4.2 • 1.2K Ratings

🗓️ 23 March 2021

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Each year hundreds of thousands of Americans die as a result of drug abuse, alcoholism or suicide – and the numbers are rising. This has contributed to a fall in life expectancy in the past three years, reversing a trend towards increased life expectancy that began in 1918. In this week's episode we discuss, Deaths of Despair and the Future of Capitalism, economists Anne Case and Angus Deaton new book which has identified a culprit for these ‘deaths of despair’: capitalism – or at least some aspects of it. The debate was chaired by Francine Lacqua television anchor and editor-at-large for Bloomberg Television. To buy the book click here: https://bit.ly/3lIWlGg Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	So you've arrived. You head to the Brasserie, then the Terrace. Cocktail? Hmm, don't mind if I do.
0:08.5	You raise your glass to another guest because you both know the holidays just beginning.
0:15.6	And you're only in Terminal 3. Welcome to Virgin Atlantic's unique upper-class clubhouse experience,
0:22.4	where you'll feel like you've arrived before you've taken off.
0:25.6	Virgin Atlantic. See the world differently.
0:55.8	This is a high-risk investment and you should not expect to be protected if something goes wrong.
1:00.1	Hello podcast listeners. I'm Connor. Welcome to this week's episode of Intelligence Squared.
1:04.4	Today we're joined by Anne Case and Sir Angus Deaton, two of the world's leading economists,
1:09.6	to discuss their new vision for capitalism. In the conversation they discuss why we've created an
1:14.4	economy and a society that privileges the college-educated class to the detriment of the working class
1:20.0	and the huge political, economic and social consequences of such a social order.
1:24.8	It's a really fast-ending conversation and was chaired by Francine Lacqua,
1:28.2	the award-winning anchor for Bloomberg News. And if you do enjoy it, you can find a link for the book
1:32.7	in the podcast description. But before we go to this week's episode, I wanted to let you know
1:37.0	about a new podcast we think you'll really enjoy. It's called Climate Solutions
1:41.2	from our partners at the European Investment Bank. What would you give up to solve the climate crisis?
1:46.4	Well, the EIB surveyed 30,000 people in every EU country, China, the US and the UK to find out
1:54.2	what they're ready to do to fight climate change. The team at climate solutions then spoke to experts
1:59.3	about what it all means for the future of our planet. Find out more and subscribe to this podcast,
2:04.4	visit eib.org slash podcasts, or subscribe in Apple podcasts, Spotify, wherever you get your
2:10.5	podcasts. Now let's go to the episode. Welcome to this intelligence square event with two very
2:16.4	distinguished economists and case leading authority, of course, on the links between economic status
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