Tim Jackson, Catherine Liu, and David Goodhart discuss the economic factors that have driven our care industries into ruin.
Is capitalism incompatible with a healthy, thriving society?
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We are constantly told to be more productive, more efficient and more successful. This pursuit of individual perfection, however, is taking its toll on our physical and mental well-being. And whilst we all know that caring for others — children, the sick, the elderly, the mentally ill — and caring for ourselves is important, in the marketplace it is treated as the lowest priority. Care jobs are amongst the lowest paid. So what would it take to create an economy that values care — given the fact we will all rely on it one day? Join UC Irvine professor Catherine Liu, economist Tim Jackson, and journalist David Goodhart as they debate how to build hope in a world that doesn't care.
#capitalism #economics #latestagecapitalism #financialcrisis #politics #healthcare
Catherine Liu is a professor of Film and Media Studies at UC Irvine. Her work critiques cultural politics, political economy, and the professional managerial class. Her books include Virtue Hoarders and The American Idyll. Tim Jackson is an ecological economist and writer. He has been at the forefront of international debates on sustainability and has worked closely with the UK Government, the UN, the European Commission, and numerous NGOs. David Goodhart is the former editor of Prospect and Director of the London based think tank Demos. Author of The British Dream: successes and failures of post-war immigration. Barry C Smith is a professor of philosophy and directs the Institute of Philosophy at the University of London’s School of Advanced Study.
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00:00 Introduction
00:32 Tim Jackson: Capitalism has reached a point of no return
04:01 Political messaging and a broken system
07:40 Catherine Liu vs David Goodhart: Are we wrong to blame our problems on capitalism?
10:54 Late stage capitalism isolates us
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