The Value of Everything

The Value of Everything reigniteS a long-needed debate about the kind of world we really want to live in.

J. Paul Neeley

J. Paul is a London based designer and researcher with expertise in Speculative Design, Service Design, Design Research, and Strategy.

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Gemma Jones

Interdisciplinary cultural researcher and strategist specialising in semiotics and futures thinking

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December 17, 2020

WINNER OF THE 2019 MADAME DE STAËL PRIZE AND THE 2018 LEONTIEF PRIZE FOR ADVANCING THE FRONTIERS OF ECONOMIC THOUGHT

SHORTLISTED FOR THE FT & MCKINSEY BUSINESS BOOK OF THE YEAR 2018

Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight.

In modern capitalism, value-extraction is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. From companies driven solely to maximize shareholder value to astronomically high prices of medicines justified through big pharma's 'value pricing', we misidentify taking with making, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed.

Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - radically to transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Which activities create it, which extract it, which destroy it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic - that works for us all. The Value of Everything reigniteS a long-needed debate about the kind of world we really want to live in.

https://www.amazon.co.uk/Value-Everything-Making-Taking-Economy/dp/0141980761/ref=as_li_ss_il?_encoding=UTF8&pd_rd_i=0141980761&pd_rd_r=21c1c3bf-7662-11e9-81c3-8ba35bc13d5c&pd_rd_w=ns6Nd&pd_rd_wg=u76ZA&pf_rd_p=18edf98b-139a-41ee-bb40-d725dd59d1d3&pf_rd_r=B19E5TVWXZDWSX73XDYA&psc=1&refRID=B19E5TVWXZDWSX73XDYA&linkCode=li3&tag=neeleyworld01-21&linkId=2ff9775b755cbeb2cfafff8e2f1aebc4&language=en_GB

Further Reading
Visions from Latin America: Critically navigating uncertain futures (Part one)
Evening lecture/ 26 November 2020
December 8, 2020
Circa Lunar: A conversation with Ted Hunt and Gemma Jones
School of Critical Design Co-founder and cultural semiotician Gemma Jones sat down for a long-distance chat with Fellow Ted Hunt to talk about his latest project, Circa Lunar
December 17, 2020