The RSA uses cookies on this website. By using this website you are agreeing to our use of cookies. To find out more read our cookie policy and privacy policy. More Info

Redefining Economic Value

RSA Event


Great Room Auditorium, RSA House

  • Economics and Finance
  • Global

 WATCH LIVE using the embedded player, above, or on our YouTube channel

Facebook Watch this event live on the RSA Events Facebook page - 'like' or follow us for notifications!

Please accept our apologies, but due to building works currently taking place at RSA House we are unable to offer step-free access to this event. Please contact us if you have any further access queries, and don’t forget you can watch the event live online via our YouTube and Facebook Channel.


Who really creates wealth in our world? And how do we determine the value of what they do?

Economics is built on the concept of ‘value’, but what if we have lost sight of what this really means? In this RSA talk, renowned economist Mariana Mazzucato urges us to reconsider where wealth really comes from, and how we determine value in our economy. At the heart of the crisis in modern capitalism, she says, lies the blurred line between ‘taking’ and ‘making’; those who merely extract value are rewarded more highly than those who create it, generating perverse incentives and stifling a productive, healthy economy and society. In order to replace this broken system with a more sustainable, symbiotic capitalism, we must reconsider fundamental assumptions about what we value.


Reprogramming the Future

Our entire social system is in urgent need of renewal. Across the political spectrum we need to develop a much clearer account of how we reform and revitalise the three foundations of a liberal society – the state, the market and civil society – while recognising how these systems interact.

The RSA and the University of Bath are partnering on a series of essays and events to interrogate the choices ahead, if we are to design a progressive modern agenda that responds to the rapid changes that have swept through society - and delivers for the common good.

Read Matthew Taylor’s essay “Reprogramming the Future”

Be the first to write a comment


Please login to post a comment or reply

Don't have an account? Click here to register.

Related events

  • How Big Tech Betrayed Us

    Durham Street Auditorium, RSA House

    How did internet companies take over the world? Economic analyst Rana Foroohar explores how we can challenge the power of the tech giants.

  • How to Revive Community in a Polarised World

    Durham Street Auditorium, RSA House

    What’s missing from our public life? Renowned economist Raghuram Rajan explores the power of community in a world that’s left civil society behind.

  • Redefining Economic Value

    Great Room Auditorium, RSA House

    Do modern economies reward the extractors – not the creators – of economic value? Leading economist Mariana Mazzucato urges us to rethink how we determine value in our economy.