Jayati Ghosh for Age of Economics - Full interview

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 20)
0:00 - Prologue
01:22 - Intro
01:40 - 1. Why does economics matter?
03:02 - 2. What are the differences between economic science and economic engineering?
05:55 - 3. What role does economics play in society? Does it serve the common good?
08:17 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
10:59 - 5. As we live in an age of economics and economists - in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people - should economists be held accountable for their advice?
12:44 - 6. Does economics explain Capitalism? How would you define Capitalism?
18:13 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
20:45 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?
About Jayati Ghosh
Indian. Development economist, author, Professor of Economics at the University of Massachusetts at Amherst
Jayati Ghosh taught Economics at Jawaharlal Nehru University, New Delhi, and from January 2021 she has been Professor of Economics at the University of Massachusetts at Amherst, USA. She has authored and/or edited 19 books (including the co-edited “Elgar Handbook of Alternative Theories of Economic Development”, 2014, “India and the International Economy” OUP 2015 and “Women Informal Workers in the Global South” forthcoming with Routledge) and nearly 200 scholarly articles. She has received several national and international prizes, including the International Labour Organisation’s Decent Work Research Prize for 2010. She has advised governments in India and other countries, including as Chairperson of the Andhra Pradesh Commission on Farmers’ Welfare in 2004, and Member of the National Knowledge Commission of India (2005-09). She is the Executive Secretary of International Development Economics Associates, an international network of heterodox development economists. She has consulted for international organizations including ILO, UNDP, UNCTAD, UN-DESA, UNRISD and UN Women and is member of several international commissions. She writes regularly for popular media like newspapers, journals and blogs.
►Website 👉www.ageofeconomics.org
►Transcript👉www.ageofeconomics.org/interv...
►KZbin channel👉 / ageofeconomics
►Twitter 👉 / ageofeconomics
►Facebook 👉 / ageofeconomics
Interview by Fabio Dondero and Julian Karaguesian
Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero

[@shubhamtiwari4087]

Amazing interview. Insightful answers/questions to ponder over by Dr Jayati.

[@valerieurquhart3133]

Excellent presentation, especially regarding accountability, assumptions, and the necessity to acknowledge the importance of nature in the economic equation.

[@kd-mi4mi]

Great insights from Jayati Ghosh

[@waynemcmillan5970]

A brillant presentation by an intelligent, brillant thinker.

[@AgeofEconomics]

Thank you for your comment!