Original version

BBC World Service Europe and the Middle East

The Reith Lectures

Performances & Events

Factual

The BBC's annual series of lectures from a major academic figure.

BBC World Service Australasia

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Online

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

The Reith Lectures: Credit crisis to resilience

Factual: Arts, Culture & the Media

Dr Mark Carney

09/12/2020 GMT

Credit crisis to resilience

BBC World Service - The Reith Lectures, Credit crisis to resilienceSearch BBC

Dr Mark Carney charts how we have come to esteem financial value over human value

Dr Mark Carney, the former Governor of the Bank of Canada and the Bank of England, charts how we have come to esteem financial value over human value

Dr Carney takes us back to the high drama of the global financial crash of 2008, which ended a period when bankers saw themselves as unassailable Masters of the Universe. More than a decade on, how much have the bankers changed their ways?  How far has the financial sector changed? Carney says that we must remain vigilant and resist the “three lies of finance.” If we don’t, he warns, we will live with a system which is ill-prepared for the next crisis.

In his four BBC Reith Lectures Dr Mark Carney, the former Governor of the Bank of Canada and the Bank of England, charts how we have come to esteem financial value over human value and how we have gone from market economies to market societies. He argues that this has contributed to a trio of global crises: of credit, Covid and climate. And he outlines how we can turn this around.

(Photo: Outgoing Bank of England governor Mark Carney makes a keynote address at the 2020 United Nations Climate Change Conference. Credit: Tolga Akmen/ Getty Images)

Accessibility links

Programme Index

The Reith Lectures

Credit crisis to resilience

Genres

Formats

Brand

BBC World Service Europe and the Middle East

About BBC World Service