In this book, Mark Carney examines the shortcomings and challenges of the market over the past decade, arguing that these have led to rampant public distrust. He focuses on four major crises: the Global Financial Crisis, the Global Health Crisis, Climate Change, and the 4th Industrial Revolution. Carney proposes tangible action plans for leaders, companies, and countries to transform the value of the market back into the value of humanity. He argues that the world has moved from a market economy to a market society, where everything is valued based on its monetary price, eroding societal values such as solidarity, fairness, responsibility, and sustainability[1][3][4].
In his book, Value(s): Building a Better World for All, former Governor of the Bank of England Mark Carney argues that fundamental problems – such as growing inequality in income and opportunity, mistrust of experts, and the existential threat of climate change – all stem from a common crisis in values.
Drawing on the turmoil of the past decade, he says that “market economies” have evolved into “market societies”, where price determines the value of everything.
Radical, foundational change is required if we are to build an economy and society based not on market values but on human values, he says.
In this online event as part of our Fair Society series, hosted with the Policy Institute at King’s College London, Carney discussed his vision for a fairer and more human society with Nick Macpherson, former Permanent Secretary to the Treasury and Policy Institute Visiting Professor with the Strand Group at King’s College London.
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The Fair Society series 
