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Intelligence Squared

Mariana Mazzucato and Stella Creasy on the Global Economy, PART 2

Intelligence Squared

Intelligence Squared

News, Society & Culture, Arts, News Commentary

4.21.2K Ratings

🗓️ 7 August 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

This is the second part of a two-part interview. Recorded in 2018, economist and author Mariana Mazzucato discusses her book, The Value of Everything, with UK Labour MP Stella Creasy. It's a wide-ranging discussion looking at how real wealth is created in our economy and how we can measure the true worth of both infrastructure and services. Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London. We’d love to hear your feedback and what you think we should talk about next, who we should have on and what our future debates should be.  Send us an email or voice note with your thoughts to podcasts@intelligencesquared.com or Tweet us @intelligence2.  And if you’d like to get ad-free access to all Intelligence Squared podcasts, including exclusive bonus content, early access to new episodes and much more, become a supporter of Intelligence Squared today for just £4.99, or the equivalent in your local currency .  Just visit intelligencesquared.com/membership to find out more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.2

investor use. Past performance is not a guarantee of future results.

0:31.5

Welcome to Intelligent Squared. I'm senior producer Connor Boyle. We're about to enjoy

0:35.6

the second part of our conversation from 2018 with the economist Mariana Mazucado and

0:40.5

UK Labour MP Stella Creasy. The two are speaking about what factors generate real wealth for

0:45.8

the world and the themes found in Mariana's book The Value of Everything. This is the

0:50.0

second part of the discussion. If you'd like to listen ad-free, you can support our

0:53.8

mission to foster honest debate and compelling conversations by heading to

0:57.1

IntelligentSquared.com slash membership or subscribe to our channel via Apple. Let's

1:02.0

rejoin the talk with Stella Creasy, asking how we can measure the true value of

1:05.8

infrastructure such as healthcare systems. So healthcare is one of those areas I think

1:09.6

your concept of value and thinking and putting that at the heart of what you do

1:14.4

and rethinking what you're making is a really powerful one because actually when I

1:17.6

think about our healthcare system in the UK so we have a I would say a different problem when

1:21.0

you're doing that in America because we have built a healthcare system that means that people

1:25.8

are living longer than ever before. Fantastic achievement. When it was set up in the late 1950s,

1:31.0

most people in this country were dying of infectious diseases, TB, polio, those sorts of things.

1:36.0

So building hospitals and places where you could be treated did away with that. The last

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