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Intelligence Squared

The Futureverse: Reimagining Worth

Intelligence Squared

Intelligence Squared

Arts, News, Society & Culture, News Commentary

4.21.1K Ratings

🗓️ 13 July 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

How do we define value? How has this changed over time? And who decides what is deemed valuable? For centuries, society has seen value mainly through an economic lens: one takes a job because of its monetary benefits; marriage is a financially beneficial relationship that enables stability; and the true test of a business is its profit at the end of the year. But is this changing? In recent years, factors such as climate change, social justice and the pandemic have forced us to reconsider how we define value. We are in the era of the Value Revolution. In this episode, recorded on July 5 at Y TREE's second live event in the Futureverse series, three experts discuss and debate some of the most pressing issues that have arisen as a result of this critical turning point: Will private equity transform the financial industry? Can capitalism really adapt so that things other than monetary value are considered important in business, including fairness and environmental impact? And are we finally seeing a growing awareness that value is not always quantified by a price tag? Some things, such as time, health, job satisfaction and the survival of our planet are surely worth more than a number in a bank account. Simon Brewer, host of the award-winning Money Maze Podcast, gives us his thoughts on the dramatic shifts in the economy over the last few decades. Political economist and author Adrienne Buller argues that businesses that engage in sustainability initiatives and ‘green capitalism’ are harming rather than helping the planet. And Lucy Kellaway, former FT columnist, now charity founder, author and maths and economics teacher, offers a fresh way to decide what to prioritise in our personal and professional lives. Expertly hosted by broadcaster Jon Sopel, this is a conversation that is guaranteed to change the way you think about value and worth. To find out more visit https://www.y-tree.com/futureverse Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Ian Stirling and I'm with one of McCain's farmers who grow their potatoes hang on these are odd-looking potatoes

0:06.0

That's kale Ian. You do know you need potato to make chips, right?

0:10.5

Yes, but we don't just grow potatoes. We actually rotate different crops to help keep the soil healthy. So we eat McCain chips

0:16.8

I'm helping do some good. Exactly. Yeah, you're supporting the move to regenerative farming

0:22.3

By the way, I do know the difference between kale and potatoes

0:26.1

Of course you do.

0:27.6

McCain, let's all chip in.

0:30.8

I mean Stirling and today I'm at a McCain potato field being chased by a massive war

0:36.4

It's just a lady bird Ian. Well, it had a real war spanner, Jay. Why are they here? Well, we plot wildflowers to help encourage wildlife

0:44.7

Like birds and insects. So we eat McCain chips. I'm helping do some good. Yeah, exactly. You're supporting the move to regenerative farming

0:52.1

Okay, this time it's definitely a wasp. My life's in danger

0:55.8

Ian, that's a butterfly. McCain, let's all chip in

1:05.7

Hi Connor here from the Intelligent Squared podcast

1:08.9

Welcome to the Futureverse in this series from Intelligent Squared and White Tree

1:13.6

We bring together ideas, conversations and insights around societies most pressing issues and how we can come up with innovative solutions

1:22.8

In this episode a recording of a live event we recently held in London

1:27.7

We're talking about a revolution that's underway in how we all understand the ideas of value and worth

1:34.8

Our guests include Simon Brewer, former chief investment officer of the European branch of Morgan Stanley

1:41.2

He's currently senior advisor to Rothschildenco and was CEO of Vantage Investment Advisory until 2021

1:48.3

And he's the co-founder and host of the award-winning Money Maze podcast

1:52.4

Adrienne Buller also joined us who is a senior fellow at Commonwealth Progressive Think Tank whose research and writing have featured in the financial times

2:00.4

Bloomberg the new statesman and the guardian she's the author of the value of a whale on the illusions of green capitalism

...

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