Mark Carney Rethinks Capitalism | The Agenda

Mar 23, 2021 #MarkCarney #Capitalism #EconomicReform

Is capitalism broken? Former Bank of England & Bank of Canada Governor Mark Carney discusses his book Value(s), covering climate change, COVID-19, financial reform, and the future of capitalism. With experience as UN Special Envoy for Climate Action and Finance, Carney argues for values-driven economies, focusing on sustainability, fairness, and resilience. Can we rethink capitalism to build a better world? Mark Carney offers a critical examination of the challenges shaping modern economies, addressing financial instability, climate change, and the erosion of public trust. He critiques an over reliance on market efficiency and advocates for a renewed emphasis on resilience, responsibility, and ethical leadership. Drawing from his tenure at both the Bank of Canada and the Bank of England, Carney provides insight into the evolving role of central banks, financial regulation, and the balance between economic growth and social well-being. As governments and financial institutions confront the complexities of post-pandemic recovery and a rapidly shifting climate landscape, Carney outlines a framework for a more sustainable and inclusive economy. Can financial markets be restructured to better reflect societal values? What role should policymakers and business leaders play in fostering long-term stability without constraining innovation? This discussion presents an in-depth and thought-provoking analysis of the future of capitalism, exploring the economic forces that will shape the years ahead.