Money Is Morally Neutral

In her first public comments since leaving office, the Ex-PM Liz Truss has argued that her plans to boost economic growth were brought down by "the left-wing economic establishment". Losing the confidence of the financial markets at a time of global uncertainty has made us all more aware of our income and expenditure. If the news accurately reflected our lives, it would be hard to escape the conclusion that life is all about money - inflation, interest rates, pay demands and profits. The overriding objective of measuring economic growth is to help as many people as possible to have more money. But how have we become so pre-occupied with what is, after all, an artificial construct that is intrinsically valueless – paper and numbers in themselves morally neutral?

The love of money may be the root of all evil, but its use demands trust and co-operation, its possession brings freedom and agency. Money may have given much of humanity richer lives, in every way, but it’s made us into transactional, rather than relational beings, and it corrupts as much as it enables; a tool that so often seems our master. It’s impossible for us to judge when we have enough of it.

If the best things in life are free, can we imagine a world without money – and would it be better?

With Charlie Mullins, Darren McGarvey, Tomáš Sedláček and Anitra Nelson

Producer: Dan Tierney.