Repository logo
 

Book review: Value(s): building a better world for all

Simple item page
dc.contributor.authorJahangir, Junaid
dc.date.accessioned2023-04-13T16:38:02Z
dc.date.available2023-04-13T16:38:02Z
dc.date.issued2022
dc.description.abstractMark Carney served as the Governor of the Bank of Canada from 2008–2013, and as the Governor of the Bank of England from 2013–2020. In doing so, he led the former through the financial crisis, and headed the latter prior to the onset of the COVID pandemic. Thus, it is not surprising that in addition to the existential threat of climate change, he addresses financial crises and pandemics as the three main challenges of our times, amidst a backdrop of public distrust, globalisation, and rapid technological change (p.2, p.5). In the book, Carney argues that markets are crucial for finding solutions to the most pressing problems of our times (p.130, p.473). While he upholds the dynamism and efficiency of markets for prosperity and wellbeing, he qualifies that their effectiveness is based on ‘the values of society’ (p.130, p.474), which include solidarity, fairness, kindness, and sustainability, and accordingly, must be nurtured to sustain an inclusive capitalism (p.4, p.139). He views these values as institutions themselves and deems them more important than geography or trade in explaining growth (p.473). Additionally, he cautions against market fundamentalism that depletes social capital (p.9).
dc.identifier.citationJahangir, J. B. (2022). Book review: Value(s): building a better world for all. International Journal of Pluralism and Economics Education, 13(3), 327-333. https://www.inderscience.com/info/inarticletoc.php?jcode=ijpee&year=2022&vol=13&issue=3
dc.identifier.urihttps://hdl.handle.net/20.500.14078/3054
dc.language.isoen
dc.rightsAll Rights Reserved
dc.subjectmarket fundamentalism
dc.subjectCOVID pandemic
dc.subjecteconomic injustices
dc.subjectclimate change
dc.subjecttrust deficit
dc.titleBook review: Value(s): building a better world for allen
dc.typeReview

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
IJPEE130306 JAHANGIR_BOOK REVIEW_Value_s__Building a Better World for All.pdf
Size:
182.68 KB
Format:
Adobe Portable Document Format
Download

Collections

Department of Anthropology, Economics and Political Science