4.4 • 796 Ratings
🗓️ 25 January 2021
⏱️ 18 minutes
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How the Covid pandemic is changing the way we see wealth and economic fairness. The Covid pandemic has not only changed the way we work. It’s also exposed how little we value the kind of work that’s kept economies afloat amid lockdowns. We hear from a panel of guests about how that’s altered our view of the relationship between wealth and fairness - and ask whether it will lead to fundamental change. (Pic of carer with patient via Getty Images).
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0:00.0 | Hello and welcome to Business Daily from the BBC with me Manuela Saragossa. |
0:06.7 | Care workers, cleaners, delivery drivers, supermarket stackers. |
0:10.1 | Amid COVID lockdowns, they've played a key role in keeping economies afloat. |
0:14.6 | But will it change how economies value their work? |
0:17.5 | I think we've learned that people who do the jobs like in care are the people |
0:22.7 | really that carried us through the most difficult times and that we really need to put much |
0:28.5 | more rewards into the jobs that they do. We're asking what has the pandemic done to how we view |
0:34.5 | the relationship between economic fairness and wealth. |
0:40.4 | That's all here in Business Daily from the BBC. |
0:49.7 | In years to come, we'll probably look back and decide that the COVID pandemic was a big cleaving point in history, |
0:53.0 | an event that separated the before from the after. |
0:55.4 | How we work, how we travel, how we learn, |
0:59.3 | how we value what we do, it's all been changing amid lockdowns. |
1:04.9 | And all those subjects, plus many, many more, have been tackled in a series of audio essays and conversations called Rethink that have run on the BBC over the past year, |
1:09.7 | hosted by the BBC's media editor Amel Rajan. |
1:13.0 | They're available to download as podcasts, and I'll give you the details on where exactly |
1:16.9 | to find them at the end of the program. A theme that emerged time and time again throughout |
1:21.8 | that series was that of economic fairness and wealth, and it's a subject that Amel revisited |
1:27.3 | in a discussion with a panel of |
1:29.0 | guests earlier this month. So over to Amal Rajan. What do we talk about when we talk about wealth? |
1:35.6 | There's the material kind, also known as money, and the moral kind, also known as love. Common sense |
1:42.0 | dictates that the latter should take priority. Why then do we have a system |
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