Top Tweets for #RSAValue
@RSAEvents #RSAvalue @MazzucatoM debunking assumptions about value and wealth creation ~ brilliant. Thanks Marx for Vols 1-3 inspiring the prof to become the lucid economist on form here.
Thanks to @MazzucatoM, our chair @RSAMatthew and the amazing audience for participating in today's lunchtime @RSAEvents #RSAvalue
How about the COST to society of the medical model? What about DEPLETING value? What is the value of staying HEALHTY instead of the long-term CHARGE to all levels of society of illness & MORE drugs? #RSAValue
The landlords were extractive but didn’t pretend to be creative. Today most value extraction happens _in the name of value creation_, eg: around the Patent Box concept – @MazzucatoM #RSAValue < And much of the ‘tech industry’
Have we conflated profits with rents? What we are currently accounting for as wealth is simply stuff just moving stuff around? @MazzucatoM #RSAvalue
Yesterday #Facebook announced increased quarterly earnings despite controversy in the way it shared #data in Cambridge Analytica #privacy scandal.
@MazzucatoM quotes @evgenymorozov on collective bargaining for ownership in #digital economy
#RSAvalue
When only one theory of value is taught is difficult to contest another theory of value. This is making it much easier for certain actors in the economy to present themselves as value creators. #RSAvalue
We don’t even use the term ‘public value’ in economics! Value *extractors* have been conflated with value creators, and public investment (such as R&D) in what becomes shareholder value is rarely acknowledged or redistributed.
@MazzucatoM #RSAvalue
"If we cannot dream of a better future and try to make it happen. there is no real reason why we should care about value. and perhaps the greatest lesson of all." @MazzucatoM #RSAvalue
Where does value come from? 1600s: Mercantilists: Trade / 1700s: Phisiocracts: Farming / 1800s: Classicals: Labour / 1900s: Neo-classicals: Preferences – @MazzucatoM reviews past theories, quipping that Trump has gone back 400 years in theory #RSAValue
The Financial sector was not originally included in the measurement of GDP. As it started to grow, it was included. What happens when you start to change how you account for things? This changes confidence. @MazzucatoM #RSAvalue
Goldman Sachs claimed after 2008 #financialcrisis that they were “among the most productive in the world” - @MazzucatoM asks how can this be true?
Value #extraction ≠ value #creation
#RSAvalue
Who are the real value creators?
@MazzucatoM quotes Big Bill Haywood on 'barbarous gold barons' and the #makers vs the #takers addressed in new book the #ValueofEverything out today
#RSAvalue
Now at @theRSAorg, @MazzucatoM talks on Redefining Economic Value w @RSAMatthew
#RSAvalue
Watch live now via https://t.co/5sLs1Tc4X2
& https://t.co/diZM9z3Z0u
Redefining Economic Value. #livestream from @MazzucatoM @RSAEvents. Much-needed re-think on what counts https://t.co/ul2YDRvqcG Key Q: 1. What might it take to imagine a #TrueCost economic trial, at scale? 2. What questions would nature ask? #RSAValue @Captain_Gareth
Looking forward to today's discussion with @MazzucatoM at our lunchtime @RSAEvents with @RSAMatthew Please join us online. #RSAvalue https://t.co/1UvxqVvoe3
Leading economist @MazzucatoM urges us to rethink how we determine value in our economy in todays event, live online at 1pm.
Watch live on YouTube or Facebook and join in the conversation using #RSAvalue https://t.co/1cjIy4xuai
If you can't make it in person, you can catch @MazzucatoM online too - tune in live at 13.00: https://t.co/wfeVAVIQIB #RSAvalue https://t.co/V4by96UAGJ
Economics is built on the concept of ‘value’, but what if we have lost sight of what this really means? Come hear @MazzucatoM talk about her new book, The Value of Everything, today at the @theRSAorg at 1pm. Booking here: https://t.co/WhzQBUhyDJ
Leading economist @MazzucatoM urges us to rethink how we determine value in our economy in todays event, live online at 1pm.
Watch live on YouTube or Facebook and join in the conversation using #RSAvalue https://t.co/1cjIy4xuai
Redefining Economic Value: Mariana Mazzucato (@MazzucatoM) of @IIPP_UCL speaks @RSAEvents Thurs on the blurred line between ‘taking’ and ‘making’, what we really value, and her 'Value of Everything' book https://t.co/6fVZFRwXCm #RSAvalue < A discussion revived by @edmillibandMP
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