Saturday, May 24, 2025

Value(s): Building a Better World for All by Mark Carney


A bold argument by the Prime Minister of Canada and former bank governor on the radical, foundational change that is required if we are to build an economy and society based not on market values but on human values.

Our world is full of fault lines—growing inequality in income and opportunity, systemic racism, health and economic crises from a global pandemic, mistrust of experts, the existential threat of climate change, deep threats to employment in a digital economy with robotics on the rise. Mark Carney argues that these fundamental problems and others like them stem from a common crisis in values. Drawing on the turmoil of the past decade, he shows how "market economies" have evolved into "market societies" where price determines the value of everything.

When we consider what we, as individuals, value most highly, we might list fairness, health, the protection of our rights, economic security from poverty, the preservation of natural diversity, and the conservation of resources and beauty. The tragedy is, these things that we hold dearest are too often the casualties of our twenty-first-century world, where they ought to be our bedrock.

In this profoundly important book, Mark Carney offers a vision of a more humane society and a practical manifesto for getting there. At the heart of every chapter is the reform of our infrastructure to make things better and fairer, with outlines of wholly new ideas that can restructure society and enshrine our human values at the core of all that we build for our children and grandchildren.

Source: https://www.penguinrandomhouse.ca/books/669023/values-by-mark-carney/978077105157.

Personal Commentary: Value(s) Building a Better World for All by Mark Carney is a non-fiction book that was published in November 2022. Three years later, in 2025, he entered the political arena with the Liberal Party of Canada and assumed the role of Prime Minister of Canada. Soon after he assumed this role, the Hon. Prime Minister Carney called an election to get the support of Canadians. The Liberal Party of Canada won a minority government.

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