Intelligence Squared Mariana Mazzucato and Stella Creasy on the Global Economy, PART 2
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Aug 7, 2023 Stella Creasy, a UK Labour MP, joins Mariana Mazzucato, an expert in innovation economics, for a thought-provoking conversation about the value of wealth creation. They explore the importance of measuring the true worth of infrastructure and services, advocating for a shift from treatment to prevention in healthcare. The discussion also highlights the need for community engagement in public finance, urging a transformation in how citizens are involved in decision-making. Together, they envision strategies to address societal challenges through innovative policies.
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Community Healthcare
- Stella Creasy discusses the UK healthcare system's focus on treatment rather than prevention.
- She highlights a group of elderly Asian men with diabetes who organize walks, demonstrating community-based health management.
Mission-Oriented Approach
- Mariana Mazzucato suggests that mission-oriented goals should guide resource allocation.
- This approach involves identifying key problems and leveraging resources and innovation to address them, rather than focusing on specific sectors.
Barts Trust PFI
- Creasy discusses the financial troubles of Barts Trust, the biggest PFI project in the UK.
- The hospital faces difficulties due to expensive borrowing and inflexible contracts, highlighting the downsides of private finance initiatives.
