The former Bank of England governor, Mark Carney, gave the Reith lectures 2020, with the title How We Get What We Value. His thesis is that society has lost its way, putting financial values above human ones: “the drift from moral to market sentiments” risks “the undercutting of the social foundations of the market, the corrosion of values arising from pricing of goods, services and civic virtues, that have been traditionally outside the market, and the flattening of values by forcing decisions to be made according to utilitarian calculations.”
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Victorian values, a practical guide…
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The former Bank of England governor, Mark Carney, gave the Reith lectures 2020, with the title How We Get What We Value. His thesis is that society has lost its way, putting financial values above human ones: “the drift from moral to market sentiments” risks “the undercutting of the social foundations of the market, the corrosion of values arising from pricing of goods, services and civic virtues, that have been traditionally outside the market, and the flattening of values by forcing decisions to be made according to utilitarian calculations.”