Page 11 - அலுவலகம் ஆஃப் முதலீட்டாளர் கல்வி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In our fast-paced lives, we rarely stop to consider in detail the issue of social value when it comes to major transformations in the market economy. Last year’s BBC Reith Lectures, delivered by the former Governor of the Bank of England, highlighted this point. Mark Carney’s lectures interrogated assumptions and theories of value from objective economic value theory to subjective value theory. He suggested that the failure of economic actors to prioritise social value over financial value helps to explain three of the great crises of the 21st century: credit, COVID-19, and climate. He explained that we have witnessed a drift from moral to market sentiments in which value has been standardised and is defined by the price of things: “Market value is taken to represent intrinsic value, and if a good or activity is not in the market, it is not valued. We’re approaching the extremes of commodification as commerce expands deep into the personal and civic realms. The price of

United statesUnited kingdomNoord hollandTommaso padoa schioppaJoe zammit luciaMark carneyGovernor of the bankCentre for businessOffice of investor educationPolitics societyBuilding digital financeIsmail ertInvestor educationEuropean fintechAnglo saxonஒன்றுபட்டது மாநிலங்களில்