Intelligence Squared Can We Live Well Without Economic Growth? - Part 2
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Jun 12, 2023 
Bim Afolami, a prominent economist, joins the debate on thriving without economic growth. He and his fellow speakers unpack the puzzling phenomenon of high employment rates coexisting with the working poor. They challenge traditional views on economic growth and discuss innovative funding strategies for public services like the NHS, advocating for equitable wealth distribution. The conversation also tackles the complexities of transitioning to low-carbon energy and the pressing issue of inequality in developed economies, urging a rethink of our societal values and responsibilities.
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Costa Rica's Healthcare
- Costa Rica has a higher life expectancy than the US despite having one-third of the income per person.
- This is because they prioritize investment in public healthcare.
UK Inequality
- The UK's pursuit of economic growth benefits the wealthy disproportionately, exacerbating inequality.
- The poorest 20% of the population own less wealth than the richest five households.
Public Luxury
- Prioritize public services like healthcare, education, and transit over endless economic growth.
- Invest in public luxury and private sufficiency, not private luxury and public squalor.